1. The energy consumption ramifications of choosing an American economic model over a European one.After reading the paper, I believe it brings up important ideas concerning items 1 and 3; items 2 and 4 are certainly important for environmentalists to consider, but I'm not convinced that this paper does an adequate job of spelling out the arguments in terms of environmental impact. For instance, I think it's fairly obvious that the term "free trade" is little more than a marketing slogan, but what does that mean in terms of environmental impact, or the counterarguments that the environmental community needs to make on this issue? Similarly, I don't think it's enough to demonstrate that military spending may well create negative economic effects and use that as a parallel to spending on climate change -- that seems like an approach that will set us up for an "apples and oranges" rebuttal -- and little else. All of these issues need consideration, and I'll be very interested to see what kinds of follow-up articles come from CEPR or other progressive think tanks.
2. The language of free trade and free markets versus protectionism.
3. Falling birth rates in high-income countries.
4. The cost of reducing global climate change.
Categories: environment, economics, trade, population, climate, energy, consumption, America, Europe