Environmental Kuznets Curve

Written by Ryan McGuine // In the 1950s, Simon Kuznets postulated that as economies become wealthier, the level of inequality there would increase, then decrease. When plotted against income per capita, this creates the inverted-U shaped curve seen below. Around 1991, Gene Grossman and Alan Krueger noted a similar inverted-U shaped relationship between income levels … Continue reading Environmental Kuznets Curve

Regulating Greenhouse Gases

Written by Ryan McGuine // Today's shift toward toward an energy system that emits less greenhouse gases than the current one is necessary to prevent catastrophic climate change. However, due to the dynamics of energy transitions, achieving this transition on a meaningful timescale is remarkably difficult. Acknowledging the importance of this transition, the UN chose … Continue reading Regulating Greenhouse Gases