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Obama and House Committee Shake-Up Signal Sea Change in U.S. Climate Policy

This is a joint posting with Joel Meister
Recent announcements of climate-related transition teams and agency director appointments have provided a wealth of information about the prospects for action on climate change by the Obama White House. Bolstered by changes in the leadership of a crucial House committee, the energy and climate change agenda is likely to be a top legislative priority for the new administration. These changes also suggest that climate policies will affect the strategy for economic recovery, as well as a reorientation of US foreign assistance toward climate-sensitive policies that will yield significant benefits for poor people in developing countries.

Bail, Baby, Bail: What General Motors can Teach us about Policy Distortions

This is a joint posting with David Wheeler and Robin Kraft

When countries in Latin America or Africa descend into crisis, economists in Washington take a harsh view. Governments are forced to reduce spending in return for IMF rescue packages and in some instances, countries are even put on a cash-only budget. In the United States, we have a very different approach designed to minimize hardship of any kind -- the bailout.

Smart Obamanomics for the President-Elect's Top Priority: Energy and Climate Change

This is a joint post with Kevin Ummel, Robin Kraft, Joel Meister and Dan Hammer
During the second presidential debate on October 7, an exchange took place that tells us a lot about what to expect from an Obama administration:

Tom Brokaw: Senator Obama, if you would give us your list of priorities, there are some real questions about whether everything can be done at once.
Barack Obama: We're going to have to prioritize, just like a family has to prioritize … Energy we have to deal with today … So that would be priority number one.