When was the last time you heard a positive story about climate change, a story about someone with a new idea or innovative solution to help reduce our carbon footprint?
This is that story. Michael Greenstone is a Professor of Economics at the University of Chicago, Director of the Energy Policy Institute of the University of Chicago (EPIC) and former chief economist in the Obama White House. Now, he’s developed a new nonprofit called Climate Vault, which could be a powerful new tool in the fight against climate change, and it’s built around a simple idea: outbidding polluters for the right to pollute.
Via Big Brains
Areas of Focus: Climate Change, Climate Science, Environment
Definition
Climate Change
Climate change is an urgent global challenge. EPIC research is helping to assess its impacts, quantify its costs, and identify an efficient set of policies to reduce emissions and adapt...
Definition
Climate Science
EPIC’s interdisciplinary team of researchers is contributing to a cross-cutting body of knowledge on the scientific causes of climate change and its social consequences.
Definition
Environment
Producing and using energy damages people’s health and the environment. EPIC research is quantifying the social costs of energy choices and uncovering policies that help protect health while facilitating growth.