Richard Tol
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Richard Tol
@richardtol.bsky.social

Professor Dr Richard S.J. Tol FREcon MAE

Economist interested in energy, environment, and climate

EBS19 (E4 B3 S12), H127

ORCID https://orcid.org/my-orcid?orcid=0000-0002-8012-3988

Richard S. J. Tol is a professor of economics at the University of Sussex. He is also professor of the economics of climate change at the Vrije Universiteit Amsterdam. He is a member of the Academia Europaea and a Fellow of the Royal Economic Society. .. more

Economics 51%
Energy 16%

Reposted by Richard S.J. Tol

More coal capacity retired under Trump's first term than under Biden's.

Trump 2017-20: 43.6 GW
Biden 2021-24: 31.8 GW
Obama 2013-16: 33.1 GW

Trump's first term is the largest of any presidential term on record.

Reposted by Richard S.J. Tol

Exclusive Senior Adviser to The First Lady Marc Beckman claims Melania Trump is making appropriations decisions: "They put $30 million in their budget as a result of the First Lady's efforts. She secured it. It was not in the budget, and she put it in there."

Reposted by Richard S.J. Tol

New research finds that models agree direct air capture will remove somewhere between 0.1 and 10 billion tons of CO2 a year. Glad we narrowed it down.
FBI Director Kash Patel has arrived in Russia.

It is reported that he plans to visit Moscow and St Petersburg, and his visit is coordinated by the FSB.

cold, dark, wet
you can see Putin's lips moving
French far-right leader Marine Le Pen: “The honest thing to do with Mr Zelenskyy is to tell him, to warn him in fact that, listen, we can’t do more, we can’t manage more,” she told the FT “We’ve already done €90bn of loans, that’s €18bn for France. €18bn is really a lot.”
www.ft.com/content/45e8...
Le Pen casts doubt on future EU funding for Ukraine
Also in this newsletter: EU leaders urged to rethink carbon costs for industry
www.ft.com
Today's lesson for Europe: if your national security relies on US oligarchs' tech, they'll cut you off when you most need it.

After a Marilyn Monroe summer and a Bayeux Tapestry autumn, I wonder what winter holds.

You do not even have a robust and credible national governance structure.
Hi all! I'm looking for people to try out my new collaborative writing platform. Think: Overleaf or GDocs for Mkdown LaTeX HTML Typst Quarto

Free, open source, and full-featured.

Many editors, chat, comments, track changes, history, AI, mobile, templates, etc

Would ❤️ any feedback!

librepaper.org

Reposted by Richard S.J. Tol

Arvid Viane has a great new podcast on The Hidden $800 Billion Trade Subsidy for Dirty Industries www.youtube.com/watch?v=FRzS... summarizing the Environmental Bias of Trade Policy academic.oup.com/qje/article-...
Why Trade Policy Makes Climate Change Worse
YouTube video by Climate Economics with Arvid Viaene
www.youtube.com

Reposted by Richard S.J. Tol

🚨JOB 🚨 Assistant prof in economics at Utrecht, also opened to researchers "working on history, methodology, and/or philosophy of economics" + the role involve teaching Contemporary Economics in Historical Perspectives

📅 Application deadline November 15
Assistant Professor in Economics
Join Utrecht School of Economics and bridge applied economics with critical reflection through research, teaching and interdisciplinary collaboration.
www.uu.nl
The only way to prevent geoengineering turning into a giant shitshow is to have a robust and credible planetary governance structure, but if we had one of those we would have already stopped climate change

Coase' Problem of Social Cost is a prime example. There are many different interpretations of what the paper says, including by Coase himself, mostly unrelated to its actual text.

Indeed. The Nobel Memorial Prize is awarded not for a paper, but for how that paper changed the complexion of economics.

But the prize and their current existence is ex post

Boris Johnson swore on the King James Bible.

A few months later, he swore on the Jerusalem Bible that he had always been a Catholic (to nullify his first marriage).
Many Starlink terminals in Ukraine are financed by Poland. Its Foreign Minister Radosław Sikorski has put Elon Musk on notice regarding the evolving situation.

Reposted by Richard S.J. Tol

As if 39 Russian ballistic missiles targeting Kyiv overnight weren’t enough “good” news, #Starlink also capped the speed of terminals operating on the move in Ukraine at 100 mph (161 km/h). No warning, no heads-up – and several missions ended up being disrupted because of it.

first, we make the pie larger ...
Enhancing fairness in climate action through policy packages: "We show that standards limit impact variability within income groups, whereas carbon pricing with transfer-based revenue recycling offsets regressive impacts between income groups."
Enhancing fairness in climate action through policy packages - Nature Climate Change
Achieving climate neutrality requires policies perceived as fair, with equity both between and within income groups. Here researchers evaluate the equity implications of different European Union clima...
www.nature.com

Reposted by Richard S.J. Tol

Reposted by Richard S.J. Tol

🔥 Fires have been recorded in the Balakovo industrial zone - NASA FIRMS data.

The Sberbank data center and a metallurgical plant are located in the area that were under attack for several hours.
Enhancing fairness in climate action through policy packages: "We show that standards limit impact variability within income groups, whereas carbon pricing with transfer-based revenue recycling offsets regressive impacts between income groups."
Enhancing fairness in climate action through policy packages - Nature Climate Change
Achieving climate neutrality requires policies perceived as fair, with equity both between and within income groups. Here researchers evaluate the equity implications of different European Union clima...
www.nature.com

Reposted by Richard S.J. Tol

Martin Wolf on fire:

“In less than seven years, the global economy has been subjected to an exceptional sequence of events.” All but one of these shocks, the exception being the pandemic, are man-made — or perhaps “strongman-made.”

Billions of dollars’ worth of contracts predicting oil would fall and the S&P 500 would rise were placed about 15 minutes before Trump announced a U-turn on Iran in a post on Truth Social. CFTC staff began to investigate...then were told to lay off. www.bloomberg.com/news/feature...
CFTC Staff Were Told to Retract Analysis of Suspicious Oil Trades
Chairman’s adviser intervened to take over examination of lucrative bets that were made around Trump reversal on Iran power plant attack.
www.bloomberg.com

Reposted by Richard S.J. Tol

Pedro Pascal says learning the cello for 'Behemoth!' was tougher than 'Game of Thrones' battle scenes reut.rs/4jgT6FW
Pedro Pascal says learning the cello for 'Behemoth!' was tougher than 'Game of Thrones' battle scenes
Hollywood star Pedro Pascal said learning to play the cello convincingly for Tony Gilroy's "Behemoth!" was the most challenging task of his ​career, joking he would rather relive one of his most brutal on-screen ‌battles than learn how to play the instrument again.
reut.rs
New research alert: Proactively guaranteeing tuition and housing tripled enrollment for low-income students eligible for automatic admission to UT Austin from high-poverty schools #rct doi.org/10.3102/0162... @mattgiani.bsky.social @drflorespolicy.bsky.social @joribarash.bsky.social

Reposted by Richard S.J. Tol

Trump has cut off intelligence to Ukraine so that Putin can more easily bomb civilians including children.

Reposted by Richard S.J. Tol