Tuesday, January 4, 2011

Tree Hugging Economist Joins White House Staff

Nathaniel Keohane, most recently the chief economist at the Environmental Defense Fund, has moved to the National Economic Council at the White House to help direct environmental and energy policy, reports NYT.

No one as yet has been named to replace Larry Summers to head the NEC, so it is unclear what impact  Keohane will have, but if he has his way, it will be very interventionist.

According to NYT, Keohane was an early and vigorous proponent of cap and trade to control greenhouse gas emissions.

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