Podcast appearances and mentions of Michael Greenstone

David & Ed chat with University of Chicago's Michael Greenstone. Show Notes:(02:52) Engineering the Planet(03:25) The future of the Temperature–Mortality Relationship(04:48) Valuing the Global Mortality Consequences of Climate Change(07:36) Climate Damages and Adaptation Potential Across Sectors of the US(09:35) Heat Exposure & Poverty(11:30) Seasonality of Mortality Under Climate Change(13:59) Evaluating the 35°C Wet-Bulb Temperature Adaptability Threshold(15:30) Relationship Between Season of Birth, Temperature Exposure, & Wellbeing(17:35) Heat & Learning(20:14) Slow Burn: The Hidden Costs of a Warming World(22:06) Air Pollution on Life Expectancy from China's Huai River Policy(25:10) Introducing the  Air Quality Life Index(26:52) The Clean Air Act of 1970 & Adult Mortality(26:58) US: Clean Air Act (1970)(28:34) China's War on Pollution(32:45) For Breathable Air(34:31) Social Cost of Carbon(40:48) The Social Cost of Carbon Is Now US$225 Per Tonne(42:07) Rising Temperatures, Melting Incomes(42:11) The Macroeconomic Impact of Climate ChangeProduced by Amit Tandon___Energy vs Climatewww.energyvsclimate.com Bluesky | YouTube | LinkedIn

Most observers are convinced that America's healthcare system needs reform. This episode of The Pie features a discussion among MIT health economist Amy Finkelstein, former commissioner of the US Food and Drug Administration and current Duke professor Mark McClellan, and professor at the Harris School Joshua Gottlieb on what these reforms should entail. Michael Greenstone, director of UChicago's Climate and Energy Institute, moderated the conversation.

What is the social cost of carbon? What can it tell us about the effects of, and the feasibility of policies to cope with, climate change? Michael Greenstone tells Tim Phillips about how the process of assigning a value to the cost of emissions, and how that can help us to think clearly about the choices we make.

Anyone who has even casually glanced at the news over the past several weeks would be hard pressed to miss the plethora of headlines about north India's air pollution crisis. Every year as late Fall rolls around, air pollution across north India—including in the nation's capital of Delhi—climbs to levels that make life almost unlivable for hundreds of millions of residents.As bad as the crisis is, the situation is not helpless. Milan's guest on the show this week, the economist Anant Sudarshan, has spent years trying to evaluate solutions to what seems like an intractable problem. Anant is an Associate Professor in the Department of Economics at the University of Warwick and a Senior Fellow at the Energy Policy Institute at the University of Chicago (EPIC).Milan and Anant discuss the contours of India's air pollution crisis, the country's environmental data challenge, and the efficacy of Delhi's controversial “odd-even” scheme. Plus, the two discuss strategies for managing industrial pollution, the potential of Indian emissions markets, and whether voters sufficiently value the air they breathe.Episode notes:Michael Greenstone et al., “The Solvable Challenge of Air Pollution in India,” India Policy Forum 2017-18: 1-51.Michael Greenstone et al., A Roadmap Towards Cleaning India's Air (EPIC India and Harvard Kennedy School, 2018).Michael Greenstone et al., “Can Pollution Markets Work in Developing Countries? Experimental Evidence from India,” Working Paper, January 27, 2023.

In this episode, ICE's Gordon Bennett sits down with Michael Greenstone, the Milton Friedman Distinguished Professor of Economics at the University of Chicago and co-founder of Climate Vault. Michael shares how his career led to the creation of Climate Vault to attach the dollars of damage done by each ton of CO2 emissions to the cost of doing business. He explains how his organization uses the carbon compliance markets to accomplish its goals of addressing climate change by putting a fair value on carbon and using its proceeds to fund carbon removal technology.

Dr. Michael Greenstone: Decoding the social cost of carbon and the carbon offset market In this episode, Chris and Georges do a deep dive into the economic implications of carbon emissions with one of the world's leading climate finance experts, Dr. Michael Greenstone. As a former chief economist for President Obama's Council of Economic Advisers, Dr. Greenstone played a pivotal role in developing the "social cost of carbon." The trio discusses the significance of understanding the economic cost of carbon emissions and the tools policymakers have at their disposal to combat climate change. Guest Dr. Michael Greenstone, Milton Friedman Distinguished Service Professor in Economics Background Michael Greenstone is the Milton Friedman Distinguished Service Professor in Economics as well as the Director of the Becker Friedman Institute and the interdisciplinary Energy Policy Institute at the University of Chicago. As a co-director of the Climate Impact Lab, he is producing empirically grounded estimates of the local and global impacts of climate change. He is also the co-director of the King Climate Action Initiative at the Abdul Latif Jameel Poverty Action Lab, and co-founder of Climate Vault, a 501(c)(3) that uses markets to allow institutions and people to reduce their carbon footprint. Conversation Sheds light on the concept of the social cost of carbon, its current applications, and the overarching importance of carbon pricing in shaping future climate policies, especially in the United States. Touches upon the controversial topic of carbon offsets, distinguishing between the voluntary offset market and regulated cap and trade permitting systems. Introduces Climate Vault, a non-profit startup co-founded by Dr. Greenstone that not only allows entities to offset emissions using regulated permits but also aids in purchasing carbon removal, thereby supporting emerging carbon removal companies to scale their technologies.   

On today's episode of Free Range, Livermore is joined by Michael Greenstone, the Milton Freedman Distinguished Service Professor in Economics and the Director of the Energy Policy Institute at the University of Chicago. He served as the Chief Economist for President Obama's Council of Economic Advisors and has worked for decades engaged in research and policy development on environmental issues. Livermore and Greenstone begin by discussion the climate provisions of the Inflation Reduction Act and their policy implications (0:47-4:47) Greenstone offers his take on what the IRA means (if anything) concerning the role of economists in debates over climate policy (4:48-8:49) and the two discuss the relationship between energy prices and politics. (8:50-14:10) Livermore and Greenstone agree that transparency of pricing mechanisms can be both a feature and a bug. Greenstone mentions that while the US is viewed as a free market place, our instinct is to approach the situation as engineers. (14:11-20:20) He then offers thoughts on why the engineering approach won out in the IRA. (20:21 - 25:34) The two discuss the factors that helped lead to lower technology costs green cleaner energy sources, which helped pave the way for the IRA. (25:35-28:12) The sulfur dioxide trading mechanism in the 1990 Clean Air Act Amendments is a classic example of policy that promoted low cost emissions reductions; R&D funding is another area where government is justified. (28:13-30:24) The two turn to the question of economic forecasting in climate debates. (30:25-34:17) Greenstone discusses the work of the Climate Impact Lab, which he directs, which is improving estimates of climate damages and the social cost of carbon. (34:18-40:55) The two discuss the role of adaptation in climate damage estimates (40:56-47:05) and the role of distributional analysis. (47:06-51:15) The two then discuss an alternative to the social cost of carbon that is based on “marginal abatement costs” associated with achieving a given climate goal. (51:16-57:11) To conclude, Livermore asks about the potential path forward for global cooperation on climate change. For Greenstone, he focuses on areas of policy that he can influence, and in particular on driving down the difference (delta) between the private cost of clean energy and dirty energy and looking for opportunities to leverage our policies for reductions elsewhere in the world. (57:12-59:36)

The explosion of youth climate activism in recent years has focused the world's attention on the problem like never before, but Michael Greenstone, the Milton Friedman Distinguished Service Professor of Economics at the University of Chicago, argues that young activists often err by trying to turn climate change into a moral issue rather than an environmental one. Greenstone shared his thoughts during the newest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” a podcast produced by the Harvard Environmental Economics Program. Read a transcript of the interview here: https://www.belfercenter.org/sites/default/files/files/publication/michael-greenstone-podcast-transcript-oct-6-2022.pdf

Maybe we should be talking about the problems with pollution, instead of climate change. And maybe the solution could be the use of free market and private property principles.We include an excerpt from the Freakonomics radio podcast #472 in which Stephen Dubner interviews Michael Greenstone concerning pollution.audio editing by: http://JayPrescott.com

In our third episode in this special series, The Atlantic's Rob Meyer talks with Steve Cicala and Michael Greenstone to take a hard look at the barriers that today's fragmented grid imposes on the growth of renewables, and what steps the government can take to remove those barriers. But taking those steps will likely not be enough, and many in Washington are supporting a Clean Electricity Standard—though not everyone agrees on what qualifies as “clean.” https://epic.uchicago.edu/area-of-focus/decarbonizing-the-us-economy-with-a-national-grid/

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.

Weekly nonprofit podcast news.    Nonprofit Fights Carbon Emissions With Financial Marketplace University of Chicago professor Michael Greenstone has created a nonprofit called Climate Vault, which could revolutionize how we offset carbon emissions in the marketplace. Using the current cap and trade infrastructure to its advantage, the organization seeks to redirect capital to environmentally-conscious startups in exchange for “pollution permits.” The goal is to merge financial profit with environmental sustainability in hopes of driving investment in products that help the planet in the long-run. Read more ➝ Nonprofit Advocacy Groups & Native Tribes Team Up To Combat Voter Suppression New voting legislation in Montana, which critics cite as an attempt to suppress the vote of indigenous communities, is facing a legal challenge from a joint effort of multiple tribes and nonprofits. The tribes challenging the legislation include the Blackfeet Nation, Confederated Salish and Kootenai Tribes, Fort Belknap Indian Community and Northern Cheyenne Tribe. These tribes, along with Native get-out-the-vote organizations Western Native Voice and Montana Native Voice, are being represented by the Native American Rights Fund, in conjunction with the ACLU. Not only do nonprofits fill a vital gap in our social safety infrastructure, but they are an essential part of our democratic society, and constitute a rapidly growing civil society movement both in the U.S. and abroad. Read the legal complaint here. Read more ➝ Summary YMCA brings in new CEO to revamp struggling nonprofit Greenpeace Stops Accepting Bitcoin Donations, Cites High Energy Use Steve Bannon's Nonprofit Sued for Destroying Wild Butterflies' Habitat with Donald Trump's Border Wall S.F. nonprofit lost $650,000 to hackers and a 'money mule.' The boss had to investigate it herself Nonprofit takes veterans on flights on WWII-era biplane      

Weekly nonprofit podcast news.    Nonprofit Fights Carbon Emissions With Financial Marketplace University of Chicago professor Michael Greenstone has created a nonprofit called Climate Vault, which could revolutionize how we offset carbon emissions in the marketplace. Using the current cap and trade infrastructure to its advantage, the organization seeks to redirect capital to environmentally-conscious startups in exchange for “pollution permits.” The goal is to merge financial profit with environmental sustainability in hopes of driving investment in products that help the planet in the long-run. Read more ➝ Nonprofit Advocacy Groups & Native Tribes Team Up To Combat Voter Suppression New voting legislation in Montana, which critics cite as an attempt to suppress the vote of indigenous communities, is facing a legal challenge from a joint effort of multiple tribes and nonprofits. The tribes challenging the legislation include the Blackfeet Nation, Confederated Salish and Kootenai Tribes, Fort Belknap Indian Community and Northern Cheyenne Tribe. These tribes, along with Native get-out-the-vote organizations Western Native Voice and Montana Native Voice, are being represented by the Native American Rights Fund, in conjunction with the ACLU. Not only do nonprofits fill a vital gap in our social safety infrastructure, but they are an essential part of our democratic society, and constitute a rapidly growing civil society movement both in the U.S. and abroad. Read the legal complaint here. Read more ➝ Summary YMCA brings in new CEO to revamp struggling nonprofit Greenpeace Stops Accepting Bitcoin Donations, Cites High Energy Use Steve Bannon's Nonprofit Sued for Destroying Wild Butterflies' Habitat with Donald Trump's Border Wall S.F. nonprofit lost $650,000 to hackers and a 'money mule.' The boss had to investigate it herself Nonprofit takes veterans on flights on WWII-era biplane      

Some of the world’s largest companies (and biggest emitters of CO2) boast big investments in carbon offset programs to reduce their reported carbon footprint. Do these programs work ? If so, for whom? Michael Greenstone and Barbara Haya join to take a close look at proposed solutions to reducing on carbon emissions.

There's no denying the world is already paying for climate change. The price is stronger hurricanes, bigger wildfires, and unpredictable heat waves. So, how can people living on a changing globe literally pay to mitigate the effects of climate change? One solution is to utilize the social cost of carbon, says economist Michael Greenstone. He co-led the development of the US government’s social cost of carbon as chief economist for President Obama’s Council of Economic Advisers. President Biden has raised carbon's value back to Obama-era levels after the Trump Administration lowered it. Greenstone, who leads the Energy Policy Institute at Chicago, speaks with Pulitzer Prize-winning Washington Post journalist Juliet Eilperin about how we're just beginning to experience what the climate has in store.

Economics has a solution to halt rapid deforestation but can it be implemented? This year has seen some of the worst-ever fires destroy vast tracts of the Amazon rainforest as land there is cleared for farming. We hear how the field of economics may have come up with a solution to halt the Amazon’s rate of deforestation - and what’s needed to set that in motion. Manuela Saragosa speaks to Michael Greenstone, Professor of economics at the University of Chicago and to Professor Luciana Gatti, a researcher at Brazil's National Institute for Space Research which monitors greenhouse gas emissions in Amazon.

Nearly a billion people around the world are not connected to the electricity grid, and even more have unreliable access. In this VoxDevTalk, Robin Burgess discusses his paper with Michael Greenstone, Nicholas Ryan, and Anant Sudarshan in which the authors argue that a social norm that all people deserve access to electricity regardless of payment may actually be undermining the universal access called for in Sustainable Development Goal 7.  When people feel no compulsion to pay for the electricity they use, whether or not they are able to, government-owned distribution companies need to ration supply to limit their losses, either by enforcing blackouts or restricting access. This tends to affect those living in the poorer areas of countries more, and research on the relationship between electricity consumption and GDP suggests that it also has a macro impact on economic growth. One possible way to move from this low-payment, low-access equilibrium to a high-payment, high-access one is for governments to provide targeted subsidies towards getting connected to the grid, and for people to then pay for the electricity they use.

Incentivising agent performance is a double-edged sword: while it can encourage agents to perform better, it might also nudge them into cheating and manipulating results to their benefit. In this VoxDevTalk, Guojun He discusses his work with Michael Greenstone, Ruixue Jia, and Tong Liu on this classic principal-agent problem in the context of how Chinese local governments self-report meeting air pollution-reduction targets imposed (and incentivised) by the central government. An analysis of these reports reveals evidence of significant under-reporting by local governments before the central government installed automated real-time pollution monitoring devices across the country. Under-reporting was larger in areas with higher levels of actual pollution, ostensibly since these local governments face greater challenges in meeting pollution-reduction targets. How accurately local governments report pollution figures also has impacts on public welfare, with people exposed to pollution information more likely to search for information on face masks and air filters. Biased information thus prevented people from optimally protecting themselves prior to the introduction of automation.

Swarthmore College Men's Basketball alumnus Michael Greenstone, class of 1991, appeared on this week's episode of Then & Now to discuss his time at Swarthmore and his career in economics with host Brandon Hodnett. Greenstone was a 1,000-point scorer for Swarthmore Men's Basketball and earned his bachelor's with high honors in economics. He earned his PhD in economics from Princeton and is now the Milton Friedman Distinguished Service Professor in Economics, the College, and the Harris School, as well as the Director of the Becker Friedman Institute and the interdisciplinary Energy Policy Institute at the University of Chicago. Greenstone previously served as the Chief Economist for President Obama's Council of Economic Advisers, where he co-led the development of the United States government's social cost of carbon. His research has influenced policy globally and focuses largely on uncovering the benefits and costs of environmental quality and society's energy choices. In this episode, he recounted scoring his 1,000th point while being guarded by his brother, how Swarthmore encouraged his intellectual curiosity, how his Air Quality Life Index has helped visualize pollution's impact on life expectancy, and how he's currently studying COVID testing. Watch this interview on YouTube or Facebook or listen to it on your podcasting platform of choice. Help more people find this interview and more great content from Swarthmore Athletics by leaving a review, sharing this interview and by subscribing to our channels.

How you experience the global energy crisis and climate change depends in large part on where you live. For this special deep dive episode, Michael Greenstone and Amir Jina discuss long-term research on one place – Bihar, India – and the lessons it offers to the rest of the world. See omnystudio.com/listener for privacy information.

In this new episode of Capitalism After Coronavirus I talk with Michael Greenstone, a professor of Economics at University of Chicago and Ph.D from Princeton. He is on the board of several research and policy institutes. He was the Chief Economist for President Obama’s Council of Economic Advisors. In this episode we talk about how to tackle carbon emissions, and how there is "no free lunch" when it comes to climate policy.

American economist, professor and chief economist during the Obama administration, Michael Greenstone, joins Adam this week to discuss transitioning our economy during a pandemic, balancing safety with the economy and what the costs and benefits truly are, and how economics can clarify policy disputes.  

Life is not priceless. But it’s also not cheap. Michael Greenstone describes how economics puts a value on life, and why it is so important to save as many lives as possible. Read more about this research here. See omnystudio.com/listener for privacy information.

In this episode, we dig into what may be the most important issue of our time: climate change. On the heels of a climate-focused World Economic Forum in Davos, the unveiling of Europe’s new Green Deal, and increased attention on climate change by the world’s largest asset managers and banks, climate change is undoubtedly Top of Mind. We speak with Michael Greenstone of the University of Chicago, Nathaniel Keohane of the Environmental Defense Fund and Goldman Sachs’ Steve Strongin about the climate challenge, and what it will take to address it. We also discuss how capital markets and climate policy are driving transformational shifts in the energy industry, and what it means for sector returns. Finally, the head of the Goldman Sachs Sustainable Finance Group, John Goldstein, provides insight and advice on ESG investing and integration, and the growing implications of shareholders and clients increasingly demanding more accountability on climate.

The United States is facing a range of challenging policy issues, from trade to inequality to climate change. The good news is that academic economists are doing cutting-edge work to help solve the challenges of the day, at the University of Chicago and institutions around the world. Over the past 20 years, there has been increasing momentum toward evidence-informed policymaking. While this seems promising, barriers still exist to bridging the divide between academia and government. On November 19, the Becker Friedman Institute for Economics (BFI) welcomed MIT Professor of Economics Abhijit Banerjee, recipient of the 2019 Nobel Prize in Economics and co-author of the forthcoming book, Good Economics for Hard Times. Banerjee joined a panel of experts, including UChicago's Katherine Baicker, Michael Greenstone and Steve Levitt, along with the Obama Foundation's Adewale “Wally” Adeyemo, to share their experiences and perspectives on the potential for economics to improve policy outcomes, the obstacles that exist to evidence-informed policymaking, and opportunities for improvement. Follow along with Banerjee's opening remarks and view his presentation: https://bfi.uchicago.edu/wp-content/uploads/CanEconomicsSavetheWorld_Presentation.pdf For more on the event, visit: https://bfi.uchicago.edu/event/can-economics-save-the-world/

Host Kristin Hayes talks with Dr. Denise Reed, an internationally recognized expert in coastal marsh sustainability and the role of human activities in modifying coastal systems. They discuss Louisiana's coastal master plan, on which Denise has be an adviser to state officials leading the plan development. This ambitious, long-term planning process has grown even more important in the face of rising sea levels. References and recommendations: Richard Campanella books on New Orleans; http://www.richcampanella.com/index.php "Do Renewable Portfolio Standards Deliver?" by Michael Greenstone and Ishan Nath; https://bfi.uchicago.edu/working-paper/do-renewable-portfolio-standards-deliver/

World-famous economist Michael Greenstone tells Mike about his main professional mission: to apply the tools of economics to reduce human suffering. But that wasn’t always the case. No indeed. For many years, including all of college, Michael’s main goal in life was to have a career in the NBA. Happily for economics, Division III basketball […]

As climate change continues to stir concern and debate around the world, Prof. Michael Greenstone knows the importance of using his research to better explain the connection between the environment, health and global energy. The challenge for he and his colleagues at the Energy Policy Institute at the University of Chicago (EPIC) is waiting for others to put that information into action.   “I’m in charge of my research, and I’m not in charge of the world,” Greenstone said of Big Brains. “What we can do as scientists is make sure that the information is being articulated as clearly and in an accessible way as possible. It’s ultimately up to societies to judge what they’re going to do with it.”   Greenstone’s work has already had global impact. He and his EPIC colleagues developed a new pollution index that found air pollution cuts the global life expectancy by nearly two years. The Air Quality Life Index establishes air particulate pollution as the single greatest threat to human health globally.   On this episode of Big Brains, the environmental economist discusses how the global energy challenge is one of society’s most important problems and something he calls “the social cost of carbon”—the most important number you’ve never heard of when it comes to climate change.   Subscribe to Big Brains on Apple Podcasts, Stitcher and Spotify, and rate and review the podcast.

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to digicomm@uchicago.edu. Economic growth depends critically on access to reliable energy. However in much of the world, access to energy remains low and supply is often unreliable. At the same time, the world’s energy choices are leading to levels of pollution that are substantially shortening people’s lives and causing climate change. The energy and growth challenge requires identifying solutions to these problems of access to inexpensive and reliable energy, while limiting environmental damage and guarding against disruptive climate change. In this Friedman Forum talk, Michael Greenstone explores key energy trends and outlines both the market and technology forces at play to meet this challenge.

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to digicomm@uchicago.edu. With a lack of consensus among policymakers on the causes, risks and proposed solutions to climate change our national debate remains at a standstill. Yet economists across the spectrum are weighing in with thoughts on economic solutions that would put us on a different path. UChicago professors, Steve Cicala and Michael Greenstone, and former Republican Congressman and IOP fellow Bob Inglis discussed how they believe famed UChicago economist Milton Friedman would respond to climate change.

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to digicomm@uchicago.edu. With a lack of consensus among policymakers on the causes, risks and proposed solutions to climate change our national debate remains at a standstill. Yet economists across the spectrum are weighing in with thoughts on economic solutions that would put us on a different path. UChicago professors, Steve Cicala and Michael Greenstone, and former Republican Congressman and IOP fellow Bob Inglis discussed how they believe famed UChicago economist Milton Friedman would respond to climate change.