What Paul Krugman thinks about energy
Trade economist, Nobel laureate in 2008 for his work on economic geography, professor emeritus at Princeton and the CUNY Graduate Center, and a New York Times columnist from 1999 to 2024. Now writes on Substack.
Paul Krugman did not write this page.
We collected these quotes from things they published elsewhere, and every quote links to where it was said. They have no account here and have not endorsed this site. Quotes are word for word; the short line under each one is our own restatement, not their wording. Their own site. Is this you? Claim it or ask us to remove it. Or tell us what is wrong here.
Filter energy · Newest first
Only Paul Krugman on energy. See everyone on energy
8 dated positions, 2025 to 2026, in their own words. Our reading of what Paul Krugman has said — not written or endorsed by them.
-
Our readingA diesel export ban would likely increase energy costs in some parts of the United States.
Their wordsBut in this case “the rest of the world” includes much of the United States. Both the Northeast and the West Coast buy much of their diesel (and heating oil, which is a closely related commodity) from other countries, so a ban on U.S. exports, by driving up world prices, would actually make energy more expensive in some parts of the country.
-
Their wordsSo a diesel export ban would probably do little to assuage U.S. concerns about affordability. It would create uncertainty that deters business investment, in energy and other industries. And it would further weaken America’s hand in its geopolitical rivalry with China over energy.
- 3 days earlier
-
Their wordsAside from the outrageous nature of his demands, Trump’s remarks were interesting because they reveal the extent to which refined products, especially diesel, have replaced crude oil as the key bottleneck in the global energy crisis.
-
Our readingRising diesel prices are even more likely than rising gasoline prices to drive up interest rates.
Their wordsFurthermore, rising diesel prices are even more likely than rising gasoline prices to drive up interest rates. Why? The Federal Reserve, which sets short-term interest rates, normally focuses on “core” inflation, which excludes volatile food and energy prices.
-
Their wordsIt’s at least arguable that Ukraine’s air campaign, which has done much more damage to Russia’s refining than to its crude production, has therefore played a disproportionate role in driving up diesel prices.
- 7 days earlier
-
Their wordsClimate denial, we know from decades of experience, is fueled by an unholy trinity of financial interest (fossil fuel companies determined to keep their profits flowing), ideology (conservatives hostile to any form of regulation) and psychological insecurity (real men burn stuff.)
↗The MAGA Plot(s) to Destroy Humanitypaulkrugman.substack.com
- 11 months earlier
-
Their wordsBut politics aside, what’s notable about that 2001 report, put together by men who regarded themselves as hard-headed realists, is that it envisaged an energy future reliant almost entirely on fossil fuels plus a bit of nuclear energy.
↗The Rise of Renewable Energypaulkrugman.substack.com 1st of 2 in this piece
-
Their wordsthere are many people who still refuse to believe that renewables can be practical even as renewables keep growing around the world, in fact accounting for the bulk of growth in electricity generation
↗The Rise of Renewable Energypaulkrugman.substack.com 2nd of 2 in this piece