Environmental Economics

There is no longer an Environmental Economics Advisory Committee at the EPA

Environmental Economics

From the inbox: Dear colleagues, I want to inform you of recent decisions regarding standing committees under the auspices of the Science Advisory Board (SAB).      On the recommendation of the SAB Staff Office, the SAB, unanimously agreed, at our 5/31/18 administrative meeting, to retire three of our current seven standing committees.

2018 183

Luxexcel adds 3D printed prescription lenses to Vuzix AR headsets

Environmental Economics

Ophthalmic lens manufacturer Luxexcel has teamed up with augmented reality (AR) headset and eyewear company Vuzix to produce a range of 3D printed prescription lenses. The prescription inserts are designed especially for the Vuzix Blade AR Smart Sunglasses, and will be launched at CES Las Vegas 2018. The development of smart ophthalmic lenses Unlike the standard […].

2018 218

Don't Give up on Pigouvian Pricing!

Environmental Economics

Last week's midterm elections were a mixed bag for environmental policy.    Lots of initiatives went down in defeat, though some passed, and some pro-environmental candidates won. Most notably for us environmental economists, the state of Washington failed to pass a carbon tax initiative, which would have made them the only place in the US where there is such a tax. 

2018 100

Predicting Adaptation to Climate Change using Regional Heterogeneity in Mortality Effects of Temperature

Environmental Economics

  I am glad to have gotten an invitation from John to guest-blog here.    I am an Associate Professor of economics at the Andrew Young School at Georgia State University.

2018 211

Climate change book reviews: do nothing, do a little, do a lot (or just drink beer?)

Environmental Economics

2018 130

Ten Years of Select Economic Data in Graphs

Environmental Economics

A pet peeve of mine as an economist is giving too much credit to the current quarterback , er.President for [economic] wins and too much blame for [economic] losses. 

2017 207

Wither coal (despite all attempts to the contrary)? What's next?

Environmental Economics

2017 208

Here is my 13 minute video on how to conduct a revealed-stated preference travel cost method study

Environmental Economics

2018 173

A short comment on a discrete choice experiment in the AER*

Environmental Economics

A cool new paper is the first (?) to use a discrete choice experiment in the AER: Mas, Alexandre, and Amanda Pallais. 2017. "Valuing "Valuing Alternative Work Arrangements." " American Economic Review, 107(12): 3722-59.

2017 190

A: Because it's better than acting like an obnoxious teenager

Environmental Economics

When I mention what I do (come up with ways to estimate the value of environmental goods and services), I sometimes get a response like this :   It really is irritating that some people need to use economic measures to value our environment. The reality is our environment, air, water, seas, national parks & Great Barrier Reef are truly priceless & must be treated as such ie no cost benefit BS studies needed. My response is really quite simple. 

2018 130

"Scott Pruitt is now waging a war on economics"

Environmental Economics

Rob Verchick ("a professor at Loyola University New Orleans College of Law and president of the Center for Progressive Reform in Washington.

2018 147

"The Pattern is Clear": Economic research is being driven out of D.C.

Environmental Economics

Consider: Earlier this year , President Trump proposed significant cuts to the USDA's Economic Research Service--50% cuts in fact: Funding for ERS would be slashed by 50 percent, to $45 million, in part by eliminating "low-priority research" that the administration said was already being done by the private sector or nonprofits. The administration asks for the ERS to focus on core programs of data analysis and forecasts.

2018 130

TFW your paper appears in volume 9 issue 2 right after your colleague's & co-author's & MS student's paper

Environmental Economics

Here is the link:  [link

2018 141

I took the "Peacock Hall Energy Challenge"!

Environmental Economics

2018 153

Thank you EU, I guess this means more cheap whiskey for me.oh, and there's an economic lesson in here too.

Environmental Economics

Don't take this as support for tariffs, my inner economist is strongly opposed to tariffs on economic efficiency grounds, but my inner hillbilly is slightly happy that an EU tariff on American whiskey is likely to lower U.S. whiskey prices (at least in the short run).    Life can't be all beer. Jack Daniel’s Tennessee Whiskey prices will rise in the European Union (EU) due to the member countries’ new 25 percent tariff on imported U.S. whiskey. Brown-Forman Corp.

2018 140

Field research: measuring beach width for a random utility model

Environmental Economics

2018 130

Daily Demand and Supply: Where's the Beef? (and cheese and soybeans)

Environmental Economics

Following the political dominoes of international trade policy can be mind-boggling, but the basic economic principles can be simple.    A tariff placed on U.S. products by another country (like meat, cheese, and soy beans) will reduce the amount (supply) of U.S.

2018 130

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.

2017 218

This is going into my annual review

Environmental Economics

2018 163

Climate Change

Environmental Economics

Last week ( or at least that's when it was covered in the popular press ), climate scientist Ed Hawkins put out a simple illustration of changes in global temperatures since 1850.    I used Dr. Hawkins image and had a little fun:      

Krugman on renewables

Environmental Economics

I'm not sure I'm as optimistic as Krugman but the attempt to reduce the use of from renewable energy is likely a huge mistake (in terms of dynamic efficiency): Not that long ago, calls for a move to wind and solar power were widely perceived as impractical if not hippie-dippy silly.

Renew 149

My new working paper

Environmental Economics

Valuing Hemlock Woolly Adelgid Control in Public Forests: Scope Effects with Attribute Non-Attendance Chris Giguere, Chris Moore and John C. Whitehead. No 18-07, Working Papers from Department of Economics, Appalachian State University.

2018 130

A critique of CBA from the 90s

Environmental Economics

I've just read Elizabeth Anderson 's critique of the use of cost-benefit analysis in environmental and workplace safety policy.    (It was written in 1995, so I'm a little behind.)    It appears in chapter 9 of her book Value in Ethics and Economics and is reprinted in the anthology Philosophy, Politics, and Economics. It's a good read for those who estimate the value of a statistical life of the willingness to pay for improvements in air quality. 

2018 135

"Environmental Policy and the Assault on Science" - Policy keynote lecture with Gina McCarthy, former administrator for the United States Environmental Protection Agency during the Obama presidency

Environmental Economics

Gina McCarthy's keynote at the recent World Congress of Environmental and Resource Economists has drawn rave reviews from twitter and the inbox. So, here it is in case you had to teach summer school to save money for your kid's college (like me

2018 130

Just like Coase drew it up?

Environmental Economics

Brazen in its irony : As the nation plans new defenses against the more powerful storms and higher tides expected from climate change, one project stands out: an ambitious proposal to build a nearly 60-mile “spine” of concrete seawalls, earthen barriers, floating gates and steel levees on the Texas Gulf Coast.

2018 116

Lobster tariffs

Environmental Economics

Put this one in our new " easy to win a trade war " category: Next month, China is expected to impose an additional 25 percent tariff on American lobster as the sparring over trade continues and Mr. Trump threatens to impose tariffs on as much as $450 billion worth of Chinese goods.

2018 130

@CEA -- Bonus points on your final exam to the first person to explain the blue shaded area to @realdonaldtrump

Environmental Economics

2018 151

Marine Resource Economics has published an unpublished paper off the reading list of "Wilen’s resource economics course at UC Davis" (fn 3)

Environmental Economics

Three of Professor Wilen's students (including current and former editors of MRE) introduce the paper like this: Throughout his career, James E.

2018 130

Scorecard is in and it looks like conservation is losing

Environmental Economics

The Congressional Budget Office has prepared its first estimates of direct expenditures and revenues from H.R. 2, the Agriculture and Nutrition Act of 2018; AKA the Farm Bill.    It looks like the conservation title (Title II) might take some hits. 

2018 141

Teaching environmental economics with mini-research projects

Environmental Economics

My sophomore level environmental and resource econ course has a research component. The students are required to write an abstract suitable for submission to an undergraduate research conference.

2018 141

What should a reviewer do when the journal increases the costs of providing a review?

Environmental Economics

It has gone down something like this: Get a review assignment from a journal. Am unable to login to the journal website to retrieve the paper. Find out that the journal has created two accounts for me. Journal sends me the paper to review via email. Can't login to submit my review.

2018 141

This article at Vox summarizes everything that I've been trying to say at this blog for the past 10 years (and have been too apoplectic to say during the past year)

Environmental Economics

David Roberts: President Donald Trump’s administration has been on a deregulatory bender, particularly when it comes to environmental regulations. As of January, the New York Times counted 67 environmental rules on the chopping block under Trump. This is not one of Trump’s idiosyncrasies, though. His administration is more ham-handed and flagrant about it, but the antipathy it expresses toward federal regulation falls firmly within the GOP mainstream.

2018 148

Graphic of the Day: Where do you get your news?

Environmental Economics

A pretty cool graphic of one person's views of credible vs incredible news sources : HT: Craig Landry via FB (Craig didn't create the graphic, just reposted). A few thoughts: I'm sure everyone can quibble about placement of some of these, but that kind of misses the point.

2016 207

The carbon tax vs. cap-and-trade Teutul meme | via @DrShewmake

Environmental Economics

In case you are wondering:  The 'American Chopper' meme featuring Paul Teutul and son, explained

2018 141

CNREP 2019: Call for abstracts and session proposals

Environmental Economics

The Center for Natural Resource Economics and Policy (CNREP) is announcing a call for abstracts and session proposals for  CNREP 2019: Challenges of Natural Resource Economics & Policy, the 6 th  National Forum on Socioeconomic Research in Coastal Systems. The conference is scheduled for May 19-21, 2019 in New Orleans, Louisiana. 

2019 100

New publication: Estimating the Value of Medal Success in the Olympic Games

Environmental Economics

From the inbox: Your article  Estimating the Value of Medal Success in the Olympic Games  has now been published in  Journal of Sports Economics  Volume 19 Issue 3, April 2018 and can be viewed at  doi.org/10.1177/ 1527002515626221.

2018 141

Identity Economics and Environmental Policy

Environmental Economics

I recently got around to reading the 2010 book " Identity Economics: How our Identities Shape our Work, Wages, and Well-Being ," by George Akerlof and Rachel Kranton.    It is a lay summary of some of the work that Akerlof and Kranton have been doing to incorporate identity and social norms into economic modeling of decision-making. 

2018 100

My review of the BP-funded book critical of the contingent valuation method is online

Environmental Economics

Here is a link from 2017 with some background:  BP has funded a book critical of the CVM. In that post I boasted that my review would be forthcoming in 2018. That boast was a commitment mechanism. I don't know if it would have worked unless Marit Kragt had not invited me to review the book for the Australian Journal of Agricultural and Resource Economics (thanks for the invitation!). Here is the link: [link].  

2018 100

Guest Post: What Air Pollution is Costing Us

Environmental Economics

Pollution and health have always been directly linked, both environmentally and medically, but few people consider the economic impact felt by countries afflicted with poor outdoor air quality. The World Health Organization estimates that the cost of disability and premature death from air pollution in Europe totalled close to $1.6 trillion USD in 2015. Each form of pollution presents its own unique challenges, while resulting in a hefty expense and posing a threat to human health.

2018 109

Some details on Trump's proposed EPA cuts*

Environmental Economics

Here are some of the EPA program cuts proposed by President Trump :  Source: Alt National Park Service on FB. The benefit/cost analysis tag on this post is meant to be ironic.  Just not in a funny way

2017 192

Top 100 Economics Blogs of 2018

Environmental Economics

2018 130

11th edition of Tietenberg and Lewis

Environmental Economics

From the website : Environmental and Natural Resource Economics  is the best-selling text for natural resource economics and environmental economics courses, offering a policy-oriented approach and introducing economic theory and empirical work from the field.

2018 141

EU ETS Cap-and-Trade attempts to stabilize price with a reserve

Environmental Economics

The European Union's Emissions Trading Scheme , the world's largest greenhouse gas cap-and-trade program, will be taking a new step to stabilize permit prices.    Starting in January 2019, the Market Stability Reserve will go into effect, which aims to stabilize price by reducing the long-standing permit surpluses that have plagued the ETC.    The reserve will: address the current surplus of allowances.

2018 131