Tag Archives: economic valuation

Economics and Politics in California: Cap-and-Trade Allowance Allocation and Trade Exposure

In my previous essay at this blog – The Importance of Getting it Right in California – I wrote about the precedents and lessons that  California’s Global Warming Solutions Act (AB 32) and its greenhouse gas (GHG) cap-and-trade system will … Continue reading >

Posted in Climate Change Policy, Energy Economics, Energy Policy, Environmental Economics, Environmental Policy, Politics, Positive Political Economy | Tagged , , , , , , , , , , , , , , , , , , , | 2 Comments

On the Origins of Research

In response to my last essay at this web site, “On Becoming an Environmental Economist,” several readers suggested that someday I should write about the origins of my various research initiatives over the past 25 years.  Today, I’m doing that … Continue reading >

Posted in Climate Change Policy, Corporate Social Responsibility, Economic Policy, Economic Stimulus Policy, Energy Economics, Energy Policy, Environmental Economics, Environmental Policy, Fisheries Policy, Forest Policy, Health Policy, Natural Resource Economics, Natural Resource Policy, Politics, Positive Political Economy, Water Policy, Wine Economics | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

On Becoming an Environmental Economist

My essay this month represents a departure from my standard blog posts about a contemporary environmental policy issue.  Rather, it is of a more personal nature, and stems from the fact that the second volume of my collected papers has … Continue reading >

Posted in Climate Change Policy, Corporate Social Responsibility, Economic Policy, Economic Stimulus Policy, Energy Economics, Energy Policy, Environmental Economics, Environmental Policy, Fisheries Policy, Forest Policy, Health Policy, Natural Resource Economics, Natural Resource Policy, Politics, Positive Political Economy, Water Policy, Wine Economics | Tagged , , , , , , , , , , , , , , , , , , | 2 Comments

Economics of the Environment

The Sixth Edition of Economics of the Environment: Selected Readings has just been published by W. W. Norton & Company of New York and London.  Through five previous editions, Economics of the Environment has served as a valuable supplement to … Continue reading >

Posted in Climate Change Policy, Corporate Social Responsibility, Economic Policy, Economic Stimulus Policy, Energy Economics, Energy Policy, Environmental Economics, Environmental Policy, Fisheries Policy, Forest Policy, Natural Resource Economics, Natural Resource Policy, Politics, Positive Political Economy, Water Policy | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 4 Comments

Good News from the Regulatory Front

As each day passes, the upcoming November 2012 general elections produce new stories about potential Republican candidates for President, as well as stories about President Obama’s anticipated re-election campaign.  At the same time, the 2012 elections are already affecting Congressional … Continue reading >

Posted in Energy Economics, Energy Policy, Environmental Economics, Environmental Policy | Tagged , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Reflecting on a Century of Progress and Problems

As the first decade of the twenty-first century comes to a close, the problem of the commons is more important to our lives – and more central to economics – than a century ago when the first issue of the … Continue reading >

Posted in Climate Change Policy, Energy Economics, Energy Policy, Environmental Economics, Environmental Policy, Fisheries Policy, Natural Resource Economics, Natural Resource Policy, Positive Political Economy | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 4 Comments

Unintended Consequences of Government Policies: The Depletion of America’s Wetlands

Private land-use decisions can be affected dramatically by public investments in highways, waterways, flood control, or other infrastructure.  The large movement of jobs from central cities to suburbs in the postwar United States and the ongoing destruction of Amazon rain … Continue reading >

Posted in Environmental Economics, Environmental Policy, Forest Policy, Natural Resource Economics, Natural Resource Policy, Water Policy | Tagged , , , , , , , , , , , , , , , | 2 Comments

Is Benefit-Cost Analysis Helpful for Environmental Regulation?

With the locus of action on Federal climate policy moving this week from the House of Representatives to the Senate, this is a convenient moment to step back from the political fray and reflect on some fundamental questions about U.S. … Continue reading >

Posted in Climate Change Policy, Energy Economics, Energy Policy, Environmental Economics, Environmental Policy, Natural Resource Economics, Natural Resource Policy | Tagged , , , , , , , , , , , , , , , , , , , , | 5 Comments

Does economic analysis shortchange the future?

Decisions made today usually have impacts both now and in the future. In the environmental realm, many of the future impacts are benefits, and such future benefits — as well as costs — are typically discounted by economists in their … Continue reading >

Posted in Climate Change Policy, Energy Economics, Energy Policy, Environmental Economics, Environmental Policy, Natural Resource Economics | Tagged , , , , , , , , , , , , , , | 1 Comment

The Myths of Market Prices and Efficiency

In my two previous posts I described a pair of prevalent myths regarding how economists think about the environment: “the myth of the universal market” ­– the notion that economists believe that the market solves all problems; and “the myth … Continue reading >

Posted in Environmental Economics | Tagged , , , , | 7 Comments