Bård Harstad
@bardharstad.bsky.social
Stanford economist:
Professor of Political Economy; Business & Sustainability.
GSB, Doerr, NBER, CEPR, UiO, TSE, 3ERCs.
Homepage: https://www.gsb.stanford.edu/faculty-research/faculty/bard-harstad
Climate & environmental economics; international trade.
Professor of Political Economy; Business & Sustainability.
GSB, Doerr, NBER, CEPR, UiO, TSE, 3ERCs.
Homepage: https://www.gsb.stanford.edu/faculty-research/faculty/bard-harstad
Climate & environmental economics; international trade.
Pinned
Bård Harstad
@bardharstad.bsky.social
· Dec 31
Even in California, it's possible to escape from it all for a few days.
But to implement a Happy New Year, guys, this time we all need to put in some effort!
Let's go!
But to implement a Happy New Year, guys, this time we all need to put in some effort!
Let's go!
Reposted by Bård Harstad
Who Pays Trump’s Tariffs?
By October, 2025, Importers now bore only 27% of the tariff cost—less than half the estimate for June. A slightly higher 18% was now borne by exporters, and a much higher 55% was being passed on to consumers.
www.cfr.org/article/who-...
By October, 2025, Importers now bore only 27% of the tariff cost—less than half the estimate for June. A slightly higher 18% was now borne by exporters, and a much higher 55% was being passed on to consumers.
www.cfr.org/article/who-...
November 10, 2025 at 2:37 AM
Who Pays Trump’s Tariffs?
By October, 2025, Importers now bore only 27% of the tariff cost—less than half the estimate for June. A slightly higher 18% was now borne by exporters, and a much higher 55% was being passed on to consumers.
www.cfr.org/article/who-...
By October, 2025, Importers now bore only 27% of the tariff cost—less than half the estimate for June. A slightly higher 18% was now borne by exporters, and a much higher 55% was being passed on to consumers.
www.cfr.org/article/who-...
If you read French, I hope you can confirm:
I point to security concerns, the importance of independence of Russian gas, Norway’s relatively clean extraction technology, how it can be transferred to others,
and how all of this relates to The Gas Trap.
Thanks @baptlanglois.bsky.social @lexpress.fr
I point to security concerns, the importance of independence of Russian gas, Norway’s relatively clean extraction technology, how it can be transferred to others,
and how all of this relates to The Gas Trap.
Thanks @baptlanglois.bsky.social @lexpress.fr
October 31, 2025 at 12:55 PM
If you read French, I hope you can confirm:
I point to security concerns, the importance of independence of Russian gas, Norway’s relatively clean extraction technology, how it can be transferred to others,
and how all of this relates to The Gas Trap.
Thanks @baptlanglois.bsky.social @lexpress.fr
I point to security concerns, the importance of independence of Russian gas, Norway’s relatively clean extraction technology, how it can be transferred to others,
and how all of this relates to The Gas Trap.
Thanks @baptlanglois.bsky.social @lexpress.fr
FT refers to my criticism of current forest financing
and the solution that payments should be forest-linked loans.
de Resende's concern about indebted tropical countries can be addressed because:
-FLLs can and will replace existing debt
-FLLs are not supposed to be repaid
www.ft.com/content/5e84...
and the solution that payments should be forest-linked loans.
de Resende's concern about indebted tropical countries can be addressed because:
-FLLs can and will replace existing debt
-FLLs are not supposed to be repaid
www.ft.com/content/5e84...
Hard questions loom at COP30 summit
‘Climate finance’ approaches are under scrutiny
www.ft.com
October 29, 2025 at 9:12 PM
FT refers to my criticism of current forest financing
and the solution that payments should be forest-linked loans.
de Resende's concern about indebted tropical countries can be addressed because:
-FLLs can and will replace existing debt
-FLLs are not supposed to be repaid
www.ft.com/content/5e84...
and the solution that payments should be forest-linked loans.
de Resende's concern about indebted tropical countries can be addressed because:
-FLLs can and will replace existing debt
-FLLs are not supposed to be repaid
www.ft.com/content/5e84...
Now on YouTube:
An important econ & climate conference by Norway's NBIM&NB.
@president.ecb.europa.eu, Gore, Hsiang etc
At 1:25, I explained why policy and finance decisions are coordination games, why expectations are self-fulfilling, and what consequences this has
www.youtube.com/watch?v=rsGL...
An important econ & climate conference by Norway's NBIM&NB.
@president.ecb.europa.eu, Gore, Hsiang etc
At 1:25, I explained why policy and finance decisions are coordination games, why expectations are self-fulfilling, and what consequences this has
www.youtube.com/watch?v=rsGL...
Norges Bank Climate Conference 2025 | Exploring the Macroeconomic and Financial Impacts
YouTube video by Norges Bank Investment Management
www.youtube.com
October 25, 2025 at 10:45 AM
Now on YouTube:
An important econ & climate conference by Norway's NBIM&NB.
@president.ecb.europa.eu, Gore, Hsiang etc
At 1:25, I explained why policy and finance decisions are coordination games, why expectations are self-fulfilling, and what consequences this has
www.youtube.com/watch?v=rsGL...
An important econ & climate conference by Norway's NBIM&NB.
@president.ecb.europa.eu, Gore, Hsiang etc
At 1:25, I explained why policy and finance decisions are coordination games, why expectations are self-fulfilling, and what consequences this has
www.youtube.com/watch?v=rsGL...
På klimakonferansen, som ofte ellers, fokuserer vi økonomer ofte på BNP/vekst. Dette er først og fremst fordi vi kan måle/verdsette slike effekter, og det underestimerer effektene:
Om det blir mindre regnskog og is kan BNP øke, men det gjør ikke effektene ønskelige
www.nbim.no/en/responsib...
Om det blir mindre regnskog og is kan BNP øke, men det gjør ikke effektene ønskelige
www.nbim.no/en/responsib...
Norges Bank Climate Conference | Norges Bank Investment Management
www.nbim.no
October 23, 2025 at 9:04 AM
På klimakonferansen, som ofte ellers, fokuserer vi økonomer ofte på BNP/vekst. Dette er først og fremst fordi vi kan måle/verdsette slike effekter, og det underestimerer effektene:
Om det blir mindre regnskog og is kan BNP øke, men det gjør ikke effektene ønskelige
www.nbim.no/en/responsib...
Om det blir mindre regnskog og is kan BNP øke, men det gjør ikke effektene ønskelige
www.nbim.no/en/responsib...
Note the wording.. Ms. Machado receives the prize for:
- promoting democratic rights
- struggle to achieve a just and peaceful transition
- At a time when democracy is under threat
- where democracy is in retreat
- more and more authoritarian regimes are challenging norm
www.nobelpeacecenter.org/en
- promoting democratic rights
- struggle to achieve a just and peaceful transition
- At a time when democracy is under threat
- where democracy is in retreat
- more and more authoritarian regimes are challenging norm
www.nobelpeacecenter.org/en
Nobel Peace Center | Museum of the Nobel Peace Prize in Oslo, Norway
The Nobel Peace Center in Oslo is the museum of the Nobel Peace Prize. Experience our exhibitions, events and guided tours inspired by the ideas and work of the Nobel Peace Prize laureates.
www.nobelpeacecenter.org
October 10, 2025 at 9:27 AM
Note the wording.. Ms. Machado receives the prize for:
- promoting democratic rights
- struggle to achieve a just and peaceful transition
- At a time when democracy is under threat
- where democracy is in retreat
- more and more authoritarian regimes are challenging norm
www.nobelpeacecenter.org/en
- promoting democratic rights
- struggle to achieve a just and peaceful transition
- At a time when democracy is under threat
- where democracy is in retreat
- more and more authoritarian regimes are challenging norm
www.nobelpeacecenter.org/en
Reposted by Bård Harstad
I am delighted to share that Nobel laureates Esther Duflo and Abhijit Banerjee will join our Department of Economics @econ.uzh.ch at the University of Zurich on July 1, 2026, as Lemann Foundation Professors of Economics.
🧵 1/7
🧵 1/7
October 10, 2025 at 9:01 AM
I am delighted to share that Nobel laureates Esther Duflo and Abhijit Banerjee will join our Department of Economics @econ.uzh.ch at the University of Zurich on July 1, 2026, as Lemann Foundation Professors of Economics.
🧵 1/7
🧵 1/7
What now - for the future of climate policies - after USxit from Paris?
I got a couple of seconds with @ekoslof.bsky.social and Spectrum News:
spectrumlocalnews.com/nys/hudson-v...
I got a couple of seconds with @ekoslof.bsky.social and Spectrum News:
spectrumlocalnews.com/nys/hudson-v...
Nations ramp up climate efforts after latest U.S. Paris Agreement withdrawal
President Donald Trump made the decision to withdraw from the agreement on his first day back in office, echoing what he did in his first term
spectrumlocalnews.com
October 9, 2025 at 6:41 PM
What now - for the future of climate policies - after USxit from Paris?
I got a couple of seconds with @ekoslof.bsky.social and Spectrum News:
spectrumlocalnews.com/nys/hudson-v...
I got a couple of seconds with @ekoslof.bsky.social and Spectrum News:
spectrumlocalnews.com/nys/hudson-v...
Today is a beautiful date for honoring Pythagoras (and the simplest proof of his theorem)
September 16, 2025 at 7:24 AM
Today is a beautiful date for honoring Pythagoras (and the simplest proof of his theorem)
On the "economics" of it, of course...
#LSEEnvironmentWeek 2025: Biodiversity
Join us online to explore the urgent challenge of #biodiversity loss & the economic innovations needed to address it.
22 Sept | 2:45pm - 3:45pm BST
🎙️@bardharstad.bsky.social
Register: lse-environment-week.com/environment-...
Join us online to explore the urgent challenge of #biodiversity loss & the economic innovations needed to address it.
22 Sept | 2:45pm - 3:45pm BST
🎙️@bardharstad.bsky.social
Register: lse-environment-week.com/environment-...
September 11, 2025 at 12:28 PM
On the "economics" of it, of course...
Det er for tidlig å konkludere at venstresiden vant valget.
Når (/om) både Sp og MDG innser at de kan vippe regjeringen, er det høyresiden som vinner:
Siden Sp og MDG ønsker motsatt politikk på noen områder, vil høyresiden kunne "kjøpe" en av dem, uansett hvilken platform Ap ender opp med å tilby.
Når (/om) både Sp og MDG innser at de kan vippe regjeringen, er det høyresiden som vinner:
Siden Sp og MDG ønsker motsatt politikk på noen områder, vil høyresiden kunne "kjøpe" en av dem, uansett hvilken platform Ap ender opp med å tilby.
September 9, 2025 at 1:22 PM
Det er for tidlig å konkludere at venstresiden vant valget.
Når (/om) både Sp og MDG innser at de kan vippe regjeringen, er det høyresiden som vinner:
Siden Sp og MDG ønsker motsatt politikk på noen områder, vil høyresiden kunne "kjøpe" en av dem, uansett hvilken platform Ap ender opp med å tilby.
Når (/om) både Sp og MDG innser at de kan vippe regjeringen, er det høyresiden som vinner:
Siden Sp og MDG ønsker motsatt politikk på noen områder, vil høyresiden kunne "kjøpe" en av dem, uansett hvilken platform Ap ender opp med å tilby.
What's the future of carbon pricing?
To answer, one must understand political economics.
More than 800 scholars have realized this and signed up for the 9/9 Webinar by @eaere.bsky.social on this exact topic.
You can still do it:
www.eaere.org/events/suppo...
To answer, one must understand political economics.
More than 800 scholars have realized this and signed up for the 9/9 Webinar by @eaere.bsky.social on this exact topic.
You can still do it:
www.eaere.org/events/suppo...
September 5, 2025 at 5:54 PM
What's the future of carbon pricing?
To answer, one must understand political economics.
More than 800 scholars have realized this and signed up for the 9/9 Webinar by @eaere.bsky.social on this exact topic.
You can still do it:
www.eaere.org/events/suppo...
To answer, one must understand political economics.
More than 800 scholars have realized this and signed up for the 9/9 Webinar by @eaere.bsky.social on this exact topic.
You can still do it:
www.eaere.org/events/suppo...
To conserve forests, @cop30brazil.bsky.social proposes TFFF. TFFF has severe weaknesses but can, fortunately, be modified if payments are forest-linked loans rather than grants -- among other things discussed in this Policy Brief:
drive.google.com/file/d/1B4sW...
drive.google.com/file/d/1B4sW...
August 12, 2025 at 8:09 PM
To conserve forests, @cop30brazil.bsky.social proposes TFFF. TFFF has severe weaknesses but can, fortunately, be modified if payments are forest-linked loans rather than grants -- among other things discussed in this Policy Brief:
drive.google.com/file/d/1B4sW...
drive.google.com/file/d/1B4sW...
Indeed:
- if this destructive bill becomes law – just weeks ahead of Cop30 in Belém – it threatens to erode Brazil’s credibility on the global stage.
www.theguardian.com/world/2025/a...
- if this destructive bill becomes law – just weeks ahead of Cop30 in Belém – it threatens to erode Brazil’s credibility on the global stage.
www.theguardian.com/world/2025/a...
Brazil’s president signs environmental ‘devastation bill’ but vetoes key articles
Campaigners had urged Lula to veto the bill entirely, but many have welcomed his alterations
www.theguardian.com
August 11, 2025 at 10:00 AM
Indeed:
- if this destructive bill becomes law – just weeks ahead of Cop30 in Belém – it threatens to erode Brazil’s credibility on the global stage.
www.theguardian.com/world/2025/a...
- if this destructive bill becomes law – just weeks ahead of Cop30 in Belém – it threatens to erode Brazil’s credibility on the global stage.
www.theguardian.com/world/2025/a...
Beautiful -- but this is a Norwegian pic of climate change. Melting glaciers bring particles that color lakes green.
July 25, 2025 at 8:08 PM
Beautiful -- but this is a Norwegian pic of climate change. Melting glaciers bring particles that color lakes green.
Why is it not only sad and ironic, but also indicative of extremely poor Brazilian judgement to select Belém as the location for COP30? 🧵
www.bbc.com/news/article...
www.bbc.com/news/article...
Amazon rainforest cut down to build highway for COP climate summit
The infrastructure required to host COP30 in Belém is undermining the cause, campaigners say.
www.bbc.com
July 19, 2025 at 8:59 AM
Why is it not only sad and ironic, but also indicative of extremely poor Brazilian judgement to select Belém as the location for COP30? 🧵
www.bbc.com/news/article...
www.bbc.com/news/article...
Reposted by Bård Harstad
I’ll modestly suggest my own book ‘Resources Matter: ending poverty while protecting nature’ (OUP). The PDF is free to download (open access) 👇 global.oup.com/academic/pro...
global.oup.com
July 15, 2025 at 6:38 AM
I’ll modestly suggest my own book ‘Resources Matter: ending poverty while protecting nature’ (OUP). The PDF is free to download (open access) 👇 global.oup.com/academic/pro...
Forskningspublikasjonen "The Gas Trap", med @kholtsmark.bsky.social, byr på et par anbefalinger for norsk energipolitikk:
www.dn.no/kronikk/det-...
www.dn.no/kronikk/det-...
Europa kan havne i gassfellen
Naturgass er bra for klimaet på kort sikt – men ikke på lang.
www.dn.no
July 10, 2025 at 12:28 PM
Forskningspublikasjonen "The Gas Trap", med @kholtsmark.bsky.social, byr på et par anbefalinger for norsk energipolitikk:
www.dn.no/kronikk/det-...
www.dn.no/kronikk/det-...
The Gas Trap FT OpEd - paper version
(based on the forthcoming JPE with @kholtsmark.bsky.social )
(based on the forthcoming JPE with @kholtsmark.bsky.social )
July 9, 2025 at 4:11 PM
The Gas Trap FT OpEd - paper version
(based on the forthcoming JPE with @kholtsmark.bsky.social )
(based on the forthcoming JPE with @kholtsmark.bsky.social )
Today in @financialtimes.com:
OpEd on how it is tempting to let gas outcompete coal,
but why the long-term consequence is less renewables and more emissions
+ policy implications for Europe
based on:
The Gas Trap, with @kholtsmark.bsky.social, forthcoming in JPE.
www.ft.com/content/e969...
OpEd on how it is tempting to let gas outcompete coal,
but why the long-term consequence is less renewables and more emissions
+ policy implications for Europe
based on:
The Gas Trap, with @kholtsmark.bsky.social, forthcoming in JPE.
www.ft.com/content/e969...
The natural gas trap
Switching to gas reduces emissions in the short term but increases them in the long run
www.ft.com
July 7, 2025 at 6:24 AM
Today in @financialtimes.com:
OpEd on how it is tempting to let gas outcompete coal,
but why the long-term consequence is less renewables and more emissions
+ policy implications for Europe
based on:
The Gas Trap, with @kholtsmark.bsky.social, forthcoming in JPE.
www.ft.com/content/e969...
OpEd on how it is tempting to let gas outcompete coal,
but why the long-term consequence is less renewables and more emissions
+ policy implications for Europe
based on:
The Gas Trap, with @kholtsmark.bsky.social, forthcoming in JPE.
www.ft.com/content/e969...
"The Gas Trap" paper, with @kholtsmark.bsky.social, is accepted in JPE!
GSB Insights @stanford.edu wrote an article about it:
www.gsb.stanford.edu/insights/rus...
GSB Insights @stanford.edu wrote an article about it:
www.gsb.stanford.edu/insights/rus...
The Rush to Quit Coal Is Leading Countries Into the “Gas Trap”
www.gsb.stanford.edu
July 6, 2025 at 8:53 AM
"The Gas Trap" paper, with @kholtsmark.bsky.social, is accepted in JPE!
GSB Insights @stanford.edu wrote an article about it:
www.gsb.stanford.edu/insights/rus...
GSB Insights @stanford.edu wrote an article about it:
www.gsb.stanford.edu/insights/rus...
Reposted by Bård Harstad
"Folks out there who are waiting to inherit at least $30 million, today is a good day for you! Collectively, you will receive approximately $211 billion in tax breaks." Sanders said sarcastically.
"For the top two-tenths of one percent: Congratulations, you hit the jackpot.”
https://trib.al/misUweA
"For the top two-tenths of one percent: Congratulations, you hit the jackpot.”
https://trib.al/misUweA
Bernie Sanders Slams GOP Budget as Worst Bill in Modern U.S. History
The Vermont senator warned that Republicans’ budget bill is a “death sentence.”
trib.al
July 1, 2025 at 5:35 PM
"Folks out there who are waiting to inherit at least $30 million, today is a good day for you! Collectively, you will receive approximately $211 billion in tax breaks." Sanders said sarcastically.
"For the top two-tenths of one percent: Congratulations, you hit the jackpot.”
https://trib.al/misUweA
"For the top two-tenths of one percent: Congratulations, you hit the jackpot.”
https://trib.al/misUweA
Reposted by Bård Harstad
Open letter from @sierraclub.org @lcv.org and others: "We Won't Pay for Big Tech's Power Needs" www.sierraclub.org/press-releas...
Full Page Open Letter Calls on Amazon, Google, Meta, and Microsoft to Stop Fueling Climate Change with Data Center Demands
San Francisco, Ca – A full page open letter in the Sunday papers of the San Francisco Chronicle (A3) and Seattle Times (A5) calls on the country’s largest technology company CEOs – Amazon’s Andy Jassy...
www.sierraclub.org
July 1, 2025 at 5:42 PM
Open letter from @sierraclub.org @lcv.org and others: "We Won't Pay for Big Tech's Power Needs" www.sierraclub.org/press-releas...
Reposted by Bård Harstad
NEW: I analyzed nearly 300 federal cases involving the Trump administration. Federal judges—across the political spectrum—are using language I’ve never seen before. One called government actions “unconscionable.” Another quoted Kafka. They’re begging us to pay attention.
Federal Judges Are Begging Us to Pay Attention
A Data-Driven Analysis of nearly 300 Federal Cases Reveals Judges Quoting Kafka and Warning of Democracy in Peril
open.substack.com
June 8, 2025 at 5:02 PM
NEW: I analyzed nearly 300 federal cases involving the Trump administration. Federal judges—across the political spectrum—are using language I’ve never seen before. One called government actions “unconscionable.” Another quoted Kafka. They’re begging us to pay attention.