November 13, 2024
Global Existential Risks
In 2022, on a bipartisan basis, the U.S. Congress passed the Global Catastrophic Risk Management Act of 2022 requiring the Department of Homeland Security to coordinate an expert assessment of global catastrophic and existential risks. The Department of Homeland Security published the first Global Catastrophic Risk Assessment two weeks ago, and reached some important — and one surprising —…
November 7, 2024
History of Technology: Cheaper, Cleaner, Easier
Every fall since 2020 I have been teaching energy economics in Northwestern University’s Master of Science in Energy and Sustainability (MSES) program. I team teach with my friend Mark Witte, and my part of the course is backloaded—natural monopoly theory and regulation in theory and in history, new generation technology invention and adoption, wholesale power markets, digitalization…
October 31, 2024
Maine Shows the Way: Low Earth Orbit Satellites Can Rescue the Broadband Equity, Access, and Deployment Program
As the Kamala Harris-Tim Walz and Donald Trump-JD Vance campaigns pour resources into Maine to compete for electoral votes, both the Vice President and former President Trump could benefit from something more than campaign dollars: a lesson from Maine on how to fix the stalled Biden-Harris broadband rollout. The $42.5 billion Broadband Equity, Access, and…
October 30, 2024
The Energy Permitting Reform Act Doesn’t Go Far Enough
This summer, Senators Joe Manchin and John Barrasso’s Energy Permitting Reform Act passed out of the Senate Energy and Natural Resource Committee by a 15-4 vote and the House of Representatives is now working on passing its own permitting reform. Both bills reflects a growing bipartisan consensus that after years of bottlenecks and delays to…
October 28, 2024
Take the Under
In the Financial Times over the weekend, John Burn-Murdoch discussed how projections of global population keep decreasing: Burn-Murdoch concludes: [T]hese estimates are extremely fuzzy and based on frameworks that were true in the past but may not be today. Use them with caution, and probably err on the low side. Given how important population projections are for climate…
October 25, 2024
TikTok’s No Good, Very Bad Day in Court
Last month, the DC Circuit Court of Appeals heard oral argument in TikTok Inc. v. Garland, which tests the constitutionality of a federal law that would ban the popular social media platform from app stores early next year unless its Chinese-affiliated parent company divests ownership. While seasoned lawyers caution against predicting decisions based on oral…
October 25, 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 17, 2024
Why the Veto of California Senate Bill 1047 Could Lead to Safer AI Policies
Innovation for Frontier Artificial Intelligence Models Act, reignited the debate about how best to regulate the rapidly evolving field of artificial intelligence. Newsom’s veto illustrates a cautious approach to regulating a new technology and could pave the way for more pragmatic AI safety policies. The robust debate SB 1047 sparked, imperfect as it was, is…
October 15, 2024
State Attorneys General Are Stepping in to Deal with ESG Abuse of Investors
The current proxy advisory system — in which proxy advisors make recommendations to investors and asset managers on how they should vote on shareholder proposals — has evolved into a deeply perverse mess. This has yielded adverse outcomes for investors, retirees, and firms, and for the economy as a whole, as a result of inefficient…
October 4, 2024
23andMe: Privacy and Property Protection in Bankruptcy
Kristen V. Brown, a staff writer at The Atlantic in a piece last week. I wouldn’t argue against being concerned, but there may be more privacy protection in place than Brown believes. Certainly if my views about contract law and property pertain in these contexts. But let’s see. The problem is not new. A data-intensive…