Horatiu Rus
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hrus.bsky.social
Horatiu Rus
@hrus.bsky.social
3.4K followers 1.4K following 380 posts
Econ & PoliSci Prof @uWaterloo: Env & Res, Trade. Kids taxi. Dog entertainer. Internalizer of externalities.
https://uwaterloo.ca/scholar/hrus
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hrus.bsky.social
www.ft.com/content/1e5e...
Did we even need generative AI?
Erik Brynjolfsson, Stanford academic and author, asks whether mimicking humans is the right goal of technology
www.ft.com
November 9, 2025 at 1:34 PM
Reposted by Horatiu Rus
jessedjenkins.com
How's this for energy abundance? Millions of Aussies will start receiving three hours of free power each day in 2026. This is what happens when you make rooftop solar less than a buck a watt!!

"Rooftop solar installations cost about $840 (U.S.) per kilowatt of capacity before rebates." 🤯
🔌💡
For years, Australians have been been installing solar panels at a rapid clip. Now that investment is paying off. The Australian government announced this week that electricity customers in three states will get free electricity for up to three hours per day starting in July 2026. The Solar Sharer plan will be available to everyone in New South Wales, South Australia, and in the southeastern part of Queensland to start; more regions will be added later. Households won’t need to have solar on their rooftops to qualify, though they will need a smart meter installed. The plan will help those who live in apartments or don’t have a suitable rooftop to benefit from their neighbors’ panels, Bowen said. Although the government hasn’t said which hours in the middle of the day will qualify, the hours between 11 a.m. and 2 p.m. are the most likely candidates. Customers will have to opt in to the new plan, which is meant to encourage people to shift their energy use to peak solar-production hours. Smart appliances can help people make the most of this by allowing them to time charging their EVs or running loads of laundry.
November 6, 2025 at 12:46 AM
hrus.bsky.social
E.g. “ARPA-W” would focus on developing “labor-friendly technologies”. The political economy of this is difficult, to say the least.
johncassidysays.bsky.social John Cassidy @johncassidysays.bsky.social · 10d
"We spend so much time on the global economy and global agreements. But there is so much that can be done internally”--Dani Rodrik, the Harvard economist, talking to me about his new book "Shared Prosperity in a Fractured World."

www.newyorker.com/news/the-fin...
Can the Global Economy Be Healed?
A noted Harvard economist presents an optimistic vision of a world after Donald Trump.
www.newyorker.com
November 3, 2025 at 11:20 PM
Reposted by Horatiu Rus
johncassidysays.bsky.social
"We spend so much time on the global economy and global agreements. But there is so much that can be done internally”--Dani Rodrik, the Harvard economist, talking to me about his new book "Shared Prosperity in a Fractured World."

www.newyorker.com/news/the-fin...
Can the Global Economy Be Healed?
A noted Harvard economist presents an optimistic vision of a world after Donald Trump.
www.newyorker.com
November 3, 2025 at 6:12 PM
Reposted by Horatiu Rus
cfr.org
The Agreement on Climate Change, Trade, and Sustainability presents a novel approach for leveraging trade policy for climate mitigation, emphasizing how progressing toward a green transition can also unlock important commercial opportunities, write Inu Manak, Helena Kopans-Johnson, and Tony Wu.
Trade Tools for Climate Action: Agreement on Climate Change, Trade, and Sustainability
The novel Agreement on Climate Change, Trade, and Sustainability balances ambitious environmental targets with domestic economic considerations, offering a blueprint for countries looking to make the...
www.cfr.org
November 2, 2025 at 7:49 PM
hrus.bsky.social
external shocks and env. policy
profkharrison.bsky.social Kathryn Harrison @profkharrison.bsky.social · 16d
Check out this symposium that @lisasundstrom.bsky.social and I co-edited!
environmentalpol.bsky.social Environmental Politics @environmentalpol.bsky.social · 16d
Symposium: Climate Policy in an Era of Disruption

Climate policy in an era of disruption: the impact of COVID-19 and the war in Ukraine on the United States, Russia, Canada and the European Union by @profkharrison.bsky.social & @lisasundstrom.bsky.social

doi.org/10.1080/0964...
October 29, 2025 at 2:36 PM
hrus.bsky.social
Great 🧵
gwagner.com Gernot Wagner @gwagner.com · 26d
You've got to love studies like these: New carbon tax paper out in @aeajournals.bsky.social: Macroeconomics.

The headline: "I find that carbon taxes reduce emissions
as expected but also impair macroeconomic activity."

What to make of this, a quick 🧵
The Economic Consequences of Effective Carbon Taxes By Felix Kapfhammer∗ This paper studies the sectoral and macroeconomic consequences of carbon taxes in four Nordic countries using a novel monthly measure of effective carbon tax rates. The suggested measure accounts for the time-varying emission coverage of taxes that are both explicitly and implicitly levied on greenhouse gas-emitting goods, thereby solving several issues of existing carbon tax measures currently used by the literature. Employing the new measure in a local projections setting, I find that carbon taxes reduce emissions as expected but also impair macroeconomic activity – though there is some heterogeneity in the effects across sectors and countries. JEL: H23, Q54, Q58 Keywords: carbon tax, carbon pricing, climate policy, emissions, macroeconomy, economic sectors
October 18, 2025 at 4:01 PM
hrus.bsky.social
Copying China’s industrial development playbook goes mainstream
fbermingham.bsky.social Finbarr Bermingham @fbermingham.bsky.social · 29d
EU industry boss Sejourne:

“I would rather welcome foreign investment in Europe but under conditions... we must impose our conditions for access to the European market, the same way many, like the Chinese, impose their conditions to enter their market"

www.bloomberg.com/news/article...
EU Braces for Fight Over Shielding €2.5 Trillion of Public Deals
European Union countries will begin debating next week how much preferential treatment to give domestic firms bidding for public contracts worth about €2.5 trillion ($2.9 trillion) a year.
www.bloomberg.com
October 16, 2025 at 9:29 AM
hrus.bsky.social
🇨🇦 Nobel: Peter Howitt
nytimes.com The New York Times @nytimes.com · Oct 13
Breaking News: The Nobel Memorial Prize in Economics was awarded to Joel Mokyr, Philippe Aghion and Peter Howitt for their work on how technology drives growth.
Three Share Nobel in Economics for Work on How Technology Drives Growth
Joel Mokyr was awarded half of the prize, and Philippe Aghion and Peter Howitt shared the other half.
nyti.ms
October 13, 2025 at 12:29 PM
Reposted by Horatiu Rus
npr.org
Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for their research on how technological innovation fuels economic growth and creative destruction. n.pr/4oh42lZ
3 share Nobel Prize in Economics for work on technology, growth and creative destruction
Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for their research on how technological innovation fuels economic growth and creative destruction.
n.pr
October 13, 2025 at 11:35 AM
Reposted by Horatiu Rus
carbonbrief.org
NEW – IEA: Renewables have cut fossil-fuel imports for more than 100 countries | @joshgabbatiss.bsky.social @iea.org

Read here: buff.ly/moV7Tge
Share of national electricity supplies that depend on imported fossil fuels in 2023, actual (left) and in the IEA’s “low renewable-energy source” scenario (right), in 31 countries that are net importers of coal and gas. Source: IEA.
October 9, 2025 at 2:45 PM
Reposted by Horatiu Rus
cep-lse.bsky.social
Nice work if you can get it? The distribution of employment and earnings during the early years of the clean energy transition

By @jmcolmer.bsky.social, Eva Lyubich and John Voorheis

Read: cep.lse.ac.uk/pubs/d...
October 9, 2025 at 1:00 PM
Reposted by Horatiu Rus
thierryaaron.bsky.social
A partner to this similarly jaw-dropping chart...
October 9, 2025 at 1:37 AM
Reposted by Horatiu Rus
himself.bsky.social
Original draft of syllabus is here - www.programmablemutter.com/p/the-politi... - still in need of a summary piece on the role of capital in shaping the AI economy
The Political Economy of AI: A Syllabus
As I’ve noted occasionally before, one of the most potentially useful things that academics do is preparing syllabi, and hence organizing information about the world.
www.programmablemutter.com
August 1, 2025 at 1:33 PM
Reposted by Horatiu Rus
drodrik.bsky.social
Actually, the basic economics of it is even more ambiguous than that. First, opening up to trade results in a *rise* in the relative price of exportables. So it was not a good deal, even on prices, for consumers of food, say, or airplanes in the U.S. +
October 8, 2025 at 3:55 PM
Reposted by Horatiu Rus
jessedjenkins.com
Worldwide solar and wind power generation has outpaced electricity demand this year, and for the first time on record, renewable energies combined generated more power than coal, according to a new analysis.
share.google/FrLUSBkG5xrX... 🔌💡 #Upshift
Solar and wind power has grown faster than electricity demand this year, report says
A new analysis of solar and wind power shows its generation worldwide has outpaced electricity demand this year.
share.google
October 7, 2025 at 8:40 PM
Reposted by Horatiu Rus
bistline.bsky.social
NEW TOOL: a one-stop, searchable home for 250+ state energy and climate policies, targets, and incentives. Perfect for planners, policy-makers, and analysts.

apps.epri.com/energy-polic...
September 24, 2025 at 5:20 PM
hrus.bsky.social
Inter-industry externalities
aereorg.bsky.social AERE @aereorg.bsky.social · Sep 24
📢 Out now in the September 2025 issue of #JAERE! 📢
"Industrial Water Pollution and Agricultural Production in India" by Nick Hagerty ( @hagertynw.bsky.social ) and Anshuman Tiwari.
Read it here: buff.ly/oAalYIW
📈📉 #Econsky
September 24, 2025 at 1:23 PM
Reposted by Horatiu Rus
emollick.bsky.social
Some new theoretical economics papers modelling the implications of AGI on the economy.

These two papers argue that a true AGI-level AI (equivalent to a human genius), if achieved, would eventually displace most human labor and reduce the economic value of remaining human work to near-zero.
September 20, 2025 at 7:24 PM
hrus.bsky.social
After the entry into force of the WTO Fisheries Agreement, more good news for the fish! 🐟 🐠 #fishweek
nytimes.com The New York Times @nytimes.com · Sep 19
Breaking News: A hard-fought international treaty to protect ocean life, decades in the making, cleared a final hurdle. It allows for the establishment of enormous conservation zones in international waters.
Hard-Fought Treaty to Protect Ocean Life Clears a Final Hurdle
The global High Seas Treaty, decades in the making, will become international law. It aims to create vast maritime conservation areas.
nyti.ms
September 19, 2025 at 8:41 PM
Reposted by Horatiu Rus
olihanney.bsky.social
🆕 Where to find development economics resources

I've updated my list of all the various sources of newsletters, articles, podcasts & videos relevant to development economics that I've come across in my three years at @voxdev.bsky.social: voxdev.org/topic/where-...
Where to find development economics resources: Newsletters, articles, podcasts & videos
Where can you find articles, podcasts, and videos about research and topics in development economics? This blog is your one-stop shop for accessible resources related to development economics.
voxdev.org
September 18, 2025 at 12:15 PM
Reposted by Horatiu Rus
mikalskuterud.bsky.social
Please take some time to read the recommendations of the @CDHoweInstitute's Immigration Targets Council. The challenges are much bigger than the raw numbers. Canada's immigration policy needs a fundamental course correction.
cdhowe.org/publication/...
Immigration Policy Still in Need of a Course Correction – C.D. Howe Institute
Second Meeting of the C.D. Howe Institute Immigration Targets Council The C.D. Howe Institute Immigration Targets Council held its second meeting on August 26, 2025, bringing together leading academic...
cdhowe.org
September 16, 2025 at 5:40 PM
hrus.bsky.social
www.nber.org/system/files...
September 16, 2025 at 1:56 PM
hrus.bsky.social
A rare WTO & #globalgovernance win: Ban “subsidies for overfished stocks and for fishing in international waters beyond their jurisdictions. Poorer states will be able to access a fund to help ease them into the deal”
September 15, 2025 at 10:23 AM
Reposted by Horatiu Rus
iisd.org
🎉 The @WTO #FisheriesSubsidies Agreement is now in force–a big step to curb subsidies threatening #SustDev.

But the work isn’t over yet. It’s crucial to implement the agreement & conclude additional rules to #StopFundingOverfishing.

🔗 www.iisd.org/articles/sta...
September 15, 2025 at 7:56 AM