Environmental Economics

The human/climate change connection: two approaches, same story

Environmental Economics

What is the connection between humans and temperature changes over time? 

"House conservatives' sweeping plan for Trump's first 100 days, explained"

Environmental Economics

All regulations have zero benefits: Thursday morning, the House Freedom Caucus, the main group representing the far right of House Republicans, released an ambitious regulatory — or, really, deregulatory — agenda for the Trump administration to pursue.

2017 68

Trending Sources

The BP/Deepwater Horizon federal CVM study estimated damages of $17 billion

Environmental Economics

Go to the Deepwater Horizon Response & Restoration website and click on: 5. Preassessment/Assessment. Other lines of investigation. Other materials. Obvious, right? You'll see a bunch of memos from the "Total Value Team" that can be pieced together to form a coherent report. Here is the bottom line

2016 81

"Why did Beall's List of potential predatory publishers go dark?"

Environmental Economics

I've used this list  a number of times on this blog (most recently here with, I must say, a nice comment on the economics of the industry): Jeffrey Beall, the University of Colorado, Denver, librarian who has since 2008 chronicled “potential, possible, or probable” predatory publishers, has — at least for now — pulled the plug on his influential, and at times controversial, site.

2017 61

I just might know an expert in estimating the value of outdoor recreation

Environmental Economics

If you are going to calculate the economic impacts of outdoor recreation , maybe, just maybe, you might want to consult with an expert who has a book on valuation methods with chapter titles like: "Modeling the Demand for Recreation," and "Single Site Demand Estimation," and "Site Choice Models." " Outdoor recreation is an economic colossus: its reach is massive, its wealth enormous, and its influence continues to grow as more boots hit the ground.

2016 61

"New Research Initiative to Update and Improve the Social Cost of Carbon"

Environmental Economics

From the inbox; Resources for the Future (RFF) is launching a multi-year, multidisciplinary research initiative to improve the methodology used to calculate the social cost of carbon—an economic tool used to quantify both the benefits to society of reducing carbon dioxide emissions from the atmosphere and the harm to society from emitting more carbon dioxide. Here is the link:  [link]  

2017 45

Economic transition is a difficult, but necessary conversation--especially for those affected

Environmental Economics

As countries develop, economically and socially, the means of producing economic well-being shift.    These shifts are often uncomfortable for those working tin the affected industries.    In the U.S. in the early 20th century, technology-induced on-farm productivity gains led to significant decreases in on-farm employment and significant increases in industrial manufacturing jobs. 

"Marine Recreational Fishing and the Social Cost of Carbon"

Environmental Economics

I've been wanting to write this paper since the EPA/DOE workshop on the SCC : The Impact of Climate Change on Marine Recreational Fishing with Implications for the Social Cost of Carbon  John Whitehead, Appalachian State University Daniel Willard, Environmental Defense Fund. Abstract. We estimate the effects of temperature and precipitation on marine recreational fishing days over a 20 year time period.

2017 48

Loose lips sink ships follow-up

Environmental Economics

I didn't realize how bad this quote is playing among Democrats, environmentalists and others.    From Fuse Washington : However, recent comments by Bauman compelled us to publicly endorse the Alliance and voice our opposition to I-732. Bauman's remarks were both offensive on their face and shined a light on some serious policy shortcomings of his initiative.

2016 56

In case you have forgotten how much the Paris climate deal might cost the U.S.

Environmental Economics

Real Time Economics (i.e., WSJ): Now that officials from the U.S. and nearly 200 other countries have reached a deal in Paris  meant to keep global warming at bay, many citizens back home want to know—how much will it cost us? No one knows for sure, but one estimate from an environmental think tank in Washington pegs the cost as a $170 billion hit to U.S. gross domestic product in 2030, or about 0.7% of the total economic output that year. 

2017 42

"Considering John Krutilla and the Environmental Turn in Natural Resource Economics"

Environmental Economics

Spencer Banzhaf: John Krutilla, a pioneer in environmental economics, helped to shape the field as an expert at Resources for the Future (RFF) in the mid-twentieth century. Perhaps his greatest legacy is shifting the discussion from one of economics versus the environment to consider a new economics of the environment. In  In a new RFF discussion paper , I tell the story of these intellectual moves.

A social cost of carbon witch hunt in the Department of Energy

Environmental Economics

Eighty-percent of environmental economists surveyed think cutting EPA regulations will not benefit the U.S. economy

Environmental Economics

Apologies to those of you who have missed me the last few weeks (hi mom!) as I have recovered from taking care of some lingering neck issues from my years of head banging to 80's hair bands.  I'm back on my feet (computer) and ready to go (from the confines of my family room).

"Even top economists publish in predatory journals, study finds" #RePEc

Environmental Economics

Retraction Watch: Top-ranking economists sometimes publish papers in open access journals deemed potentially “predatory,” according to a new analysis. The findings contradict previous results  that show that researchers who publish papers in “potential, possible, or probable” predatory journals (as defined by librarian Jeffrey Beall ) are largely inexperienced.

2016 49

Explaining why economics majors rank near the top in salaries earned

Environmental Economics

2015 70

The American Statistical Association sets out six principles for proper use of P-values (And you won't believe #2 or #4)*

Environmental Economics

Via Retraction Watch: After reading too many papers that either are not reproducible or contain statistical errors (or both), the American Statistical Association (ASA) has been roused to action. Today the group released six principles for the use and interpretation of p values. P-values are used to search for differences between groups or treatments, to evaluate relationships between variables of interest, and for many other purposes.    But the ASA says they are widely misused.

2016 57

Stop arguing with me--it's a scientific fact that I am smarter

Environmental Economics

According to a collection of studies, drummers are super smart, due to a variety of factors relating to being in the rhythm section. The news comes courtesy of Polymic, who have compiled a series of reports from Oxford and Harvard universities to name a few. What they found was that that dude at the back of the band isn’t the head scratcher that you might think he is, in fact he is more likely to be the smartest of them all.

2015 57

In case you happen to be in Morogoro, Tanzania next week.

Environmental Economics

IAGRI Workshop Announcement. Introduction to Valuation Methods and Willingness to Pay. Dates: October 12-13, 2016. Location: iAGRI building, Sokoine University of Agriculture campus. Presenter: Dr. Tim Haab, Professor and Chair, Department of Agricultural, Environmental and Development Economics, Ohio State University, Columbus, Ohio USA. Abstract: Understanding of the values that people place on goods and services is critical to making sound economic decisions. 

"Nobody knew border carbon adjustments could be so complicated"

Environmental Economics

Holy cow, the Brookings Institution is trolling President Trump with the title on the webpage. The title of the report is a bit different. We live in interesting times:  In “The role of border carbon adjustments in a U.S. carbon tax,” Warwick McKibbin, Adele Morris, Peter Wilcoxen, and Weifeng Liu examine carbon tax design options in the United States using a model of the global economy.

2017 33

Daily Demand and Supply: The Sunny Law of Demand

Environmental Economics

Law of Demand: Prices go down, quantity consumed goes up (and vice-versa) if nothing else changes. Caveat:  In the real world, everything changes.

2016 33

"How Coastal Cities Are Preparing For Climate Change"

Environmental Economics

With zero chance of a carbon tax in the U.S. here are some important examples of adaptation: With experts predicting that the effects of global warming could be catastrophic in the next 50 years, here are some ways that coastal cities are addressing the challenges of rising sea levels: Bar Harbor, ME : Officials urging residents to stockpile vintage charm in case of emergency. Manhattan, NY : Initiating 10-year plan to replace inhabited residences with vacant Emirati-owned condo developments.

Not seeing the forest for the trees?

Environmental Economics

Nancy Folbre promotes the notion of green jobs at Economix and then gets down to business: The biggest gains from investments in new renewable-energy technologies are not easily captured in private transactions, because they produce environmental services that are largely unpriced. Companies can sell consumers with a conscience a “share” in global greenhouse gas reduction – that’s what the growing business of carbon offsets is all about.

Survey: Slashing EPA won't improve US economy

Environmental Economics

Quotes of the day: Results from a survey of members of the Association of Environmental and Resource Economists, the leading professional organization of economists studying environmental and resource issues, found that 80 percent disagree that reducing the Environmental Protection Agency’s regulatory power will improve the U.S. economy.

Raise your hand if you want to work with me.

Environmental Economics

The Department of Agricultural, Environmental, and Development Economics (my department) in the College of Food, Agricultural and Environmental Sciences (my college) at The Ohio State University (my university) is hiring for four new faculty positions--and I am not ashamed of taking advantage of this blog to promote the positions. 

A Common Tragedy

Environmental Economics

When self-regulation, weak regulation and social norms fail to address overfishing in an aopen-access fishery (like the New England Cod fishery), sometimes drastic regulations are necessary for the long-term sustainability of the fishery.

"Shattering Myths to Help the Climate"

Environmental Economics

Robert Frank: Why aren’t we demanding more forceful [climate] action? One reason may be the frequent incantation of a motley collection of myths, each one rooted in bad economics: Myth 1: The enormous uncertainty of climate science argues for a wait-and-see strategy. The claim here is that reducing greenhouse gases would be a wasted expense if climate change ends up causing only minor problems. But uncertainty cuts two ways.

Help 59

What is contingent valuation?

Environmental Economics

Hey fisheries/econ people, is contingent valuation really on the way out? What's replacing it? Michael C. Russell (@ProfRussellCIE) October 20, 2017. I'd be interested how @johnwhitehead81 and @tim_env_econ would answer this question. Ngaio Hotte (@nhotte) October 21, 2017.

2017 22

Daily Demand and Supply: Who will pay for the wall if a 20% import tax is imposed?

Environmental Economics

On Wednesday, President Trump either did or didn't suggest that Mexico will pay for the construction of a border wall between the U.S. and Mexico through a 20% import tax on all goods imported from Mexico.

A presidential candidate that doesn't make me even a little uncomfortable

Environmental Economics

Richard G. Newell named next president of RFF: Resources for the Future (RFF) today announced the appointment of Richard G. Newell of Duke University as its next president. He will succeed current RFF president and former US congressman Phil Sharp, who will retire at the end of June after 11 years at RFF’s helm. Dr. Newell’s term begins on September 1, 2016.

2015 Kenneth G. Elzinga Distinguished Teaching Award

Environmental Economics

Considering the past 6 years, environmental economists win it about 50% of the time : Dr. Leah Greden Mathews of the University of North Carolina Asheville. The winner was announced at the 2015 meeting of the Southern Economic Association in New Orleans, LA on Sunday, November 22, and was awarded a plaque and a cash award.

2015 41

Top 14 economics journals

Environmental Economics

According to Google Scholar Metrics

Seventh Annual Conference and Meeting | Society for Benefit-Cost Analysis

Environmental Economics

Thursday, March 19, 3:45 – 5:15 Session 4. Non-Market Recreational Welfare Effects of Changes in the Diversity and Abundance of Species. Chair: Trudy Ann Cameron, University of Oregon. Presentations: A Combined Revealed/Stated Preference Model for Projecting the Impact of Aquatic Nuisance Species on Recreational Angling in the Great Lakes, Upper Mississippi, and Ohio River Basins, Gregory L. Poe*, Cornell University; Richard C.

A different kind of ash-hole problem: Does the distribution of costs matter to economists?

Environmental Economics

I've written in the past about the Emerald Ash Borer and the problems they cause in Ohio.    This post is about a different kind of ash, coal-ash, and the problems it causes in Ohio (and other states).    Coal-ash is a by-product of coals fired electricity production.    The ash from burning coal is stored in big lagoon-like ponds called ash-impoundments, or as I like to call them, ash-holes.    Get it?

Ohio 43

Why is this book so expensive?

Environmental Economics

  There a number of reasons why I think it should be more affordable: It is old (2007) and probably dated (I don't have the book so I don't really know that, do I?). It is in paperback. There is a secondary market. There are a number of other good subsitutes. What am I missing?

2007 49

Austerity for electric cars

Environmental Economics

Not from The Onion : DOT quietly pulled [charging stations for plug-in electric cars at four interstate highway rest stops in Johnston and Alamance counties] out of the ground and trucked them to a warehouse. In their place today are four blue signs memorializing the end Feb.

I'm now looking forward to the spam inviting me to join

Environmental Economics

From Wikipedia : ResearchGate has been criticized for emailing unsolicited invitations to the coauthors of its users.

Picture of the day

Environmental Economics

If you like this one there are more here. Hat tip: The Door

2013 59

Some empirical evidence on the benefits of catch shares in commercial fisheries

Environmental Economics

AKA individual transferable quotas: But derby-style fishing means commercial fishermen are sometimes forced onto the water in stormy weather or before their boats can be properly maintained. Miss the window to catch fish, and for some, it can mean the difference between keeping their businesses afloat or not. But over the last decade or so, a different kind of fisheries management program known as catch shares has been gaining ground.

Add 'delayed effects on fish stocks' to the list of damages to be valued during oil spills

Environmental Economics

For 25 years, methodical research by scientists has investigated the effects of the Exxon Valdez oil spill in 1989 on Alaskan communities and ecosystems. A new study released today into the effects of the 1989 Exxon Valdez oil spill in Alaska shows that embryonic salmon and herring exposed to very low levels of crude oil can develop hidden heart defects that compromise their later survival, indicating that the spill may have had much greater impacts on spawning fish than previously recognized.

The TV in our new experimental lab is big

Environmental Economics

2015 39