October 15, 2024
The “warming surge,” climate model biases, fewer Gulf hurricanes, and super shoes!
In 2024 it can be difficult to sort wheat from chaff in the peer-reviewed literature. There has always been better and worse science — that goes with the territory — but as I argued last week, we are now in an era of tactical research, with science curated to advance narratives over knowledge. That makes knowing…
October 10, 2024
The Clean Energy Transition’s Voter Problem
The future of the clean energy transition is cloudy. It’s well-known that there are disagreements—wide disagreements—between Republicans and Democrats about our energy future. But less well-known is the bedrock of public opinion on America’s energy supply, the importance of a rapid transition away from fossil fuels, and the general salience of the climate change issue….
October 8, 2024
Weather Attribution Alchemy
In the aftermath of many high profile extreme weather events we see headlines like the following: For those who closely follow climate science and the assessments of the Intergovernmental Panel on Climate Change (IPCC), such headlines can be difficult to make sense of because neither the IPCC nor the underlying scientific literature comes anywhere close…
October 3, 2024
Weaponizing Peer Review
In their book, Merchants of Doubt, Naomi Oreskes and Eric Conway argue that scientists “know bad science when they see it”: “It’s science that is obviously fraudulent — when data have been invented, fudged, or manipulated. Bad science is where data is have been cherry-picked— when some data have been deliberately left out—or it’s impossible for…
October 1, 2024
The American Growth Imperative
Every so often, I come across a policy analysis that is so quantitatively robust and crystal clear in its presentation, that it clarifies how I think. Today is one of those days. In a just-released report the Economic Innovation Group — a non-partisan think tank in Washington, DC — focuses on the rising share of government transfers…
September 27, 2024
The Institute for Regulatory Law & Economics
Today I’m traveling to the 2024 Institute for Regulatory Law & Economics Workshop for Regulators. The 2024 IRLE Workshop marks not only the 18th annual gathering of regulators and scholars, but also the 20th anniversary of IRLE’s founding. Over the past two decades, this workshop has evolved into a valued educational and translational research resource for regulators…
September 23, 2024
Australia’s Misinformation Police
A few days ago Australian legislators introduced a bill focused on “Combatting Misinformation and Disinformation.” The Australian Parliament explains the purpose of the bill: The bill proposes to amend the Broadcasting Services Act 1992 and would make consequential amendments to other Acts to establish a new framework to safeguard against serious harms caused by misinformation or…
September 13, 2024
The Politics of American Energy Policy
In the U.S. presidential debate earlier this week, the Democratic nominee Kamala Harris offered a strong endorsement of not just the technology of fracking but also of fossil fuels: I was the tie-breaking vote on the Inflation Reduction Act, which opened new leases for fracking. My position is that we have got to invest in diverse sources…
September 6, 2024
Social and Physical Theories of Technological Stagnation
Among those who believe that technological change has stagnated, there are two broad categories. One social/institutional theory of stagnation, often associated with Peter Thiel, claims that the world has entered a period of technological stagnation due to avoidable social and institutional factors. Thiel and others in this camp argue that societies have chosen safety, regulation,…
August 30, 2024
Data Center Electricity Use V: Implications
Yesterday’s earnings announcement from Nvidia brings my data center electricity use series full circle: Its now-dominant data center segment increased revenue to $26.3 billion—more than 2½ times what that business generated a year earlier. Adjusted operating income for the quarter more than doubled year over year to $19.9 billion. Nvidia’s overall top and bottom lines beat Wall…