New regulations for tax inversion - Dept. Chair Phelan comments in the Star Tribune

Newly announced tax rules will make it more complex and expensive for U.S. companies to pursue maneuvers like Medtronic's proposal to acquire Irish health care firm Covidien and move the combined company's legal headquarters overseas.

Economists try to calculate the cost of climate change at Heller-Hurwicz conference

The economic cost of greenhouse gas emissions is likely deeper than scholars have been estimating, and the costs are going to be borne unequally across the globe, according to research presented at a conference underway at the University of Minnesota.

Do we tax carbon emissions or trade them? Economists dig into the problem

When economist Richard Sandor founded the Chicago Climate Exchange more than a decade ago, the term "carbon market" wasn't part of the environmental lexicon, and the notion of placing a dollar value on carbon dioxide and other greenhouse gases was considered revolutionary by his friends and radical by his critics.

Heller-Hurwicz board member explains what economists can teach climate change scientists

A group of noted economists are in the Twin Cities this week to discuss how to apply principals from the world of finance and economics to the problem of climate change. The conference is hosted by the Heller-Hurwicz Economics Institute at the University of Minnesota. In this edition of Climate Cast, Bob Litterman, the former head of the risk department at Goldman Sachs, explains how risk models common to the financial industry can help craft climate policy.

Heller-Hurwicz hosts conference on modeling climate change

Economists from across the country are joining forces at the University of Minnesota starting today. It's the beginning of a two-day conference about the economics of climate change. They're working to then model the effects climate change will have on the global economy.

Economists call for carbon tax

Two measures -- taxing carbon and creating a Midwest market to trade emissions -- would help reduce the greenhouse gases contributing to climate change, top economists said Thursday.