Sargassu--A Potential Economic Disaster?

Environmental Economics

No one is sure of the cause--many have been offered: climate change (dang coal), excess nutrients run-off (dang farmers), oil dispersants used for the BP/Deepwater Horizon spill (dang BP)--but one thing is fairly certain: Given the quantities, the unpleasantness and the widespread nature of the problem, prolonged exposure is likely to have significant economic consequences for tourism driven economies in the area.

"What Have We Learned from the Deepwater Horizon Disaster?"

Environmental Economics

Dan Petrolia: This paper outlines what we have learned about the impacts of the Deepwater Horizon (DWH) oil disaster from the economics discipline as well as what effect the DWH disaster has had on the economics discipline. It appears that what we know about the economic impact of the DWH spill today is limited, possibly because such analysis is tied up in the federal Natural Resource Damage Assessment (NRDA) process and other state-led efforts.

Middle East Countries Prepare For Natural Disasters

Green Prophet

From earthquakes to water scarcity , the Middle East faces its fair share of natural disasters but countries are only now starting to take disaster risk reduction seriously. Over the last 25 years, the Arab region has suffered 276 disasters in which 100,000 people died, 1.5

"The Harsh Economic Sting of the Beepocalypse"

Environmental Economics

Like other apocalypic environmental disasters we've been warned about, this one, too, is 99.9% Craig Newmark: OMG! What will we do when all the bees die ?    My suggestion: Don't worry. bogus. Work done by NC State economist Wally Thurman, Montana State economist Randy Rucker, and Oregon State entomologist Michael Burgett is extremely persuasive that there isn't a problem. See Wally briefly explain in this short video with John Stossel.

Economic damage estimate for Hurricane Sandy

Environmental Economics

Halfway to trillion, with a T : Economic damages inflicted by Hurricane Sandy could reach $50 billion, according to new estimates that are more than double a previous forecast. Some economists warned on Thursday that the storm could shave a half percentage point off the nation’s economic growth in the current quarter. On Monday, before the storm hit the East Coast, the firm estimated $10 billion to $20 billion in total economic damages.

Mediterranean Agency Could Avert Offshore Marine Disasters

Green Prophet

As Israeli rigs start drilling for natural gas, a new disaster prevention agency is proposed to avert another BP-Florida Gulf disaster. As Israel ramps up offshore drilling for natural gas , advocates are eyeing a system that would prevent these disasters on their own coast. But the proponents believe they can convince Knesset members that Israel’s economic dependence on the Mediterranean Sea necessitates responsible management.

Climate change disasters doubled – eating up world’s food security

Green Prophet

Droughts, floods, storms and other disasters triggered by climate change have risen in frequency and severity over the last three decades, increasing the damage caused to the agricultural sectors of many developing countries and putting them at risk of growing food insecurity, the UN’s FAO warned in a new report released today ahead of the United Nations Climate Change Conference (COP 21) in Paris next month. The total economic damage caused is estimated at $1.5

AERE sessions at the 2017 Southern Economic Association meetings

Environmental Economics

From the inbox: Greetings: I am most happy to inform you that the following sessions have been accepted for presentation at the 87th annual conference of the Southern Economic Association®.  Natural Disasters.   Agriculture. Air Pollution. Climate Change I. Climate Change II. Coastal Management. Energy. Fisheries. Forests and Wildlife. Panel: Tips for Students and Young Economists: Dissertations, Jobs, Publishing, and Success. Political Economy. Pollution Control.

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Protect nature for world economic security, warns UN biodiversity chief

Green (Living) Review

Ahmed Djoghlaf says nations risk economic collapse and loss of culture if it does not protect the natural world Britain and other countries face a collapse of their economies and loss of culture if they do not protect the environment better, the world's leading champion of nature has warned. "What we are seeing today is a total disaster," said Ahmed Djoghlaf , the secretary-general of the UN Convention on Biological Diversity. economic security nature United Nations

CALL for PAPERS: Thresholds, Tipping Points and Random Events in Dynamic Economic Systems

Environmental Economics

CALL FOR PAPERS:  Thresholds, Tipping Points and Random Events  in Dynamic Economic Systems. Center for Public Policy ( [link] ) and the Department of Economics ( [link] ) at the University of Tennessee, Knoxville , will host a workshop on Thresholds, Tipping Points, and Random Events in Dynamic Economic Systems on Monday and Tuesday, July 27-28, 2015. The Howard H. Baker Jr.

2014 160

Political Calculations: The Economic Impact of Climate Change

Environmental Economics

But how can you measure the economic impact of climate change? For our purposes, we wanted to consider the economic impact of a climate changing event that had a prolonged effect - something more than a singular meteorological disaster that lasted for much longer than a single season or year, but also something that overwhelmed the abilities of modern farmers using the most advance agricultural technology available today to compensate.

Are consumers responsible for the BP oil disaster?

Green Blog

green activist Dave Chameides, is typical: “The bottom line is, no matter who did their work poorly, or who shirked their responsibilities, at the end of the day, we are the ones who are responsible for the disaster at hand.

I was wondering the other day if a natural disaster could actually be good for an economy

Environmental Economics

Treyz, the chief economist of Regional Economic Models Inc., Note that this is entirely different from saying that disaster spending is good for construction workers and debris removers. Don't be a simpleton and stop your analysis after the first sentence of the second paragraph of this excerpt: Frederick R. did an analysis of the possible impact of the storm.

2011 131

Canada's proposed Pipline: Economic Necessity or Environmental Disaster ?


Al Jazeera’s Rob Reynolds speaks with environmentalists and the Native Canadians who say the plan for the controversial pipeline from Canada to China will result in oil tankers clogging narrow waterways, posing a potential risk to the nature preserve and local communities. The Canadian government contends that the five and a half billion dollar pipeline is vital to tap into China’s energy demands

The Tricky Economics of Ongoing Subsidies for People Who Want Their Beach and Eat it Too

Environmental Economics

Smith, professor of environmental economics at Duke University. By analyzing the data, the model clearly showed that “if the beach is being protected from erosion by nourishment, a large part of the value of the house comes from that protection,” said Sathya Gopalakrishnan, assistant professor of agricultural, environmental and development economics at Ohio State.

Japan Nuclear Disaster Determined To Be Man Made

Eco Friendly Daily

Prior to the March 2011 disaster, thirty percent of Japan’s energy needs were met through nuclear energy. It is thought that the government is considering ending the nuclear program but economic concerns make it likely the program will continue in the country. After speaking with hundreds of individuals and holding 900 hours of hearings, the panel has indicated that while the tsunami and earthquake were unavoidable, the resulting disaster at the plant was “man-made” in their words.

Helen Clark Urges Increased Investment in Disaster Risk Reduction


Speaking in Christchurch,New Zealand this week Helen Clark has said that countries must invest in disaster prevention and preparedness and donors and aid organizations must prioritize such support to poor countries to sustain gains in human and economic development, Helen Clark, former New Zealand PrimeMinister and UNDP Administrator said here. I see our work in disaster risk reduction being about building fences at the top of cliffs

Disaster risk management in post-2015 development goals: potential targets and indicators

The Green Changemakers

[link] Tom Mitchell , Lindsey Jones , Emma Lovell and Eva Comba Disasters can hamper economic growth, affect poverty levels and cause human suffering. Without significant action, the extent and impact of economic and social damage associated with disasters will get worse over the next 20 years, largely as a result of growing exposure of people and assets. Disaster Risk Management Management

I really like when non-economists sound like economists--it means economic thinking is permeating everyday discussions

Environmental Economics

least he's asking economic-like questions: "You did a disservice to Operation Migration and the whooping crane project on "Somebody's Gotta Do It." An ecological disaster? I've been a fan of Mike Rowe since his early days on the Discovery Channel's 'Dirty Jobs.'  '  I don't always agree with his political views, but he's entertaining. 

2014 168

Sustainable Economic Growth and a finite Planet

Green (Living) Review

Sustainable economic growth is not possible as more and more growth is NOT sustainable regardless of what the powers that be try to claim. Famines and natural disasters are a way of how the Planet self-regulates the population, human, other animals, etc., When it comes to economic growth it is a fact that more, more and ever more cannot work with our finite Planet and its resources. A finite Planet means that sustainable economic growth cannot be.

Growth 101

BP to Build five Oil Rigs in the Mediterranean – Risk of Disaster Looms

Green (Living) Review

by Michael Smith (Veshengro) BP, the company responsible for the Gulf of Mexico oil spill disaster, for the sum of US$ 900 million, received the right from the Libyan government to commence deep-water drilling for exploring potential oil reserves in the Gulf of Sirte off the Libyan coast. Economic interests need to be put aside; this irresponsible project must be stopped before it causes an ecological and health disaster of unimaginable proportions.

2010 111

Talking Points: Middle-Out Economics

Sightline Daily

Photo Credit: kevin dooley via Compfight cc You may have noticed that President Obama recently started talking about middle-out economics —the idea that a thriving economy doesn’t start with the ultra-rich or with big corporations but, instead, with ensuring financial security for regular Americans. But Obama didn’t coin the phrase middle-out economics. Here’s how to get started: Talking Points: Middle-Out Economics.

Proposed motorway speed limit based on fantasy economics

Green (Living) Review

By Michael Smith (Veshengro) Raising motorway speed limits to 80mph to boost the economy is based on fantasy economics and a flawed system for appraising transport policy and projects, says charity Sustrans. Jason Torrance, Sustrans' Acting Policy Director, says; “The decision-making behind this proposed increase in motorway speeds is based on fantasy economics that assigns big financial savings to small time savings.

2011 116

IPCC: Climate efforts not sufficient, huge increase in green energy required to avert climate disaster

Green Blog

The investment required to green our global energy system would only result in a 0.06% reduction of off expected annual economic growth rates of 1.3%-3%, It would only cost us 0.06% of annual economic growth to save the climate and make sure there will be a livable planet for future generations as well. IPCC, the UN’s expert panel on climate change, released part three of their new global warming study yesterday.


Will Smart Sockets Change the Economics of Efficiency?

Green Prophet

There is a mismatch between the economic model and ecological reality so those who act responsibly end up subsidizing those who don’t. Power outlets with a 50/50 chance of disaster are not very smart. The sooner we move to an economic system which takes this into account, the better it will be for ourselves and for future generations. Smart sockets explained.

New Report: UNEP Links Economic Growth to Sustainability

The Green Changemakers

In some cases , “close to 90 per cent of the GDP of the poor is linked to nature or natural capital such as forests and freshwaters,” making a compelling case that the perceived trade-off between economic growth and environmental investment just isn’t there.


Do broken windows help alleviate income inequities?

Environmental Economics

Got a question about environmental economics? Recent Comments John Whitehead on What I did today instead of blogging Rene Salinas on What I did today instead of blogging Timtaylor Home on My name is Kingof Socks Tim Haab on How is economics like Fight Club?

2011 184

On my calendar was the geography colloquim

Environmental Economics

Got a question about environmental economics? Recent Comments John Whitehead on What I did today instead of blogging Rene Salinas on What I did today instead of blogging Timtaylor Home on My name is Kingof Socks Tim Haab on How is economics like Fight Club?

2011 151

The world’s economic model is suicide, says UN Secretary General

Green Blog

Describing the world’s economic model based on insatiable consumption of resources “a global suicide pact,&# U.N. business to take greater initiative in embracing a more energy-efficient economic model.

2011 90

Economic Degrowth for Sustainability and Equity

The Green Changemakers

Faced with the multiple and complex challenges of climate change and social inequities (among others) due to Western consumption patterns, degrowth is about a voluntary reduction of the size of the economic system, proposing a framework for transformation to a lower and sustainable level and mode of production and consumption. More specifically, de-growth presents two aspects: As a slogan which calls into question the consensus for growth (including economic growth ).

2010 55

Amid Midwest Flooding, a Call for New Solutions

Conservancy Talk

Floods are among the most expensive natural disasters , resulting in billions of dollars of damages in the United States every year. Farsighted public policies would provide fair economic incentives to those farmers and landowners who want to be part of the solution, potentially saving taxpayers substantial money. Michael Reuter is The Nature Conservancy’s Director of Freshwater in North America and leads the Great Rivers Partnership globally.

Restoration Pays Off in Reduced Flooding for Coastal Community

Nature Conservancy - Science

The first focused on the regional economic impacts from ecotourism. At large scales, there is strong evidence that intact natural systems can reduce flooding and provide economic benefits. How can communities evaluate the economic benefits of restoration projects at a scale that is meaningful for their decisions? Economic data at those larger scales is not always useful to local managers for making business decisions on investments in specific projects.

How Climate Change Threatens Alexandria, Casablanca, and Tunis

Green Prophet

In the coming decades, natural disasters could costs Alexandria, Casablanca, and Tunis $1 billion each. Given that Alexandria, Casablanca, and Tunis are so central to their respective country’s economical, cultural and political activity, increased natural disasters along the coast threaten the whole region. Climate Climate Change IPCC natural disasters

Raistudio’s Bamboo Dome Shelter Pops up in Iran

Green Prophet

Reminiscent of the work of fellow Iranian Nader Khalili , who perfected economical earth bag construction, this minimalist dome shelter is made of bamboo, crowned with rice plants and features comfortable bamboo mats that are ideal for guests who stop in for a cup of tea. Architecture & Urban bamboo disaster relief Eco-architecture green building green design

Iran 80

Greenpeace: Obama must shelve Arctic drilling plans, call for offshore moratorium

Green Blog

In light of the ongoing offshore oil drilling disaster in the Gulf of Mexico Greenpeace is demanding that President Barack Obama cancels Arctic drilling plans and calls for an offshore moratorium. BP Deepwater Disaster and Gulf Oil Spill (Greenpeace).

Headed back toward the double dip?

Green (Living) Review

The May jobs report is a disaster – the weakest reading since September. recession economic downturn economic down turn economyBy Michael Smith (Veshengro) The weak May jobs report figures are just the latest sign that the recovery has stalled and that the USA are headed for a serious double-dip recession. Is it time for Washington to intervene? Non-farm payrolls grew only 54,000 last month, according to the Labor Department’s Bureau of Labor Statistics.

2011 117

The Green Sheikh Calls for Action Against Ecological Crimes

Green Prophet

All these circumstances will lead to a thermal increase against the population with a higher rate of disease due to population and economic growth that has in turn increased the rate of energy consumption. However, we must provide more environmental awareness and implement punitive sanctions to manufacturing and reconstruction authorities, because for economic growth to stay green, it can’t stay dry.

Quote of the day

Environmental Economics When adjusted for inflation, the nation has seen an increase in billion-dollar disasters each decade. During the 1980s, the average was about one major disaster a year, and climbed to nearly four every year of the '90s. "It's hard to get past the human suffering before you start thinking about the economic cost of it," said John Whitehead, economics professor at Appalachian State University and co-author of the blog Environmental Economics. "But

2011 132

Qatar Eco-Summit Spotlights Environmental Safety

Green Prophet

Despite monstrous industrial disasters such as the Fukushima nuclear melt-down and Deepwater Horizon oil rig fire, preventative recommendations are not being fully integrated into long-term HSE management systems. Energy conference Doha environmental disaster environmental protection Gas industrial safety oil Qatar8th annual Health, Safety and Environment Forum in Energy happens in Doha from October 8 -10.

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UAE Stands By Its Nuclear Plans

Green Prophet

Despite the Fukushima nuclear power disaster, the energy minister of the United Arab Emirates states that they will stick by their nuclear energy plans. With Jordanians taking to the streets to protest the dangers of developing nuclear power and the recent nuclear accident in France following hot of the heels on the Fukushima disaster , you would think that the Middle East would be seriously re-thinking any nuclear plans.

But just think of all the jobs it is creating

Environmental Economics

damage, with overall economic losses of $7 billion, according to Kinetic Analysis Corp., which predicts disaster impact. suffered $35 billion in losses in nine separate events so far in 2011, according to the National Oceanic and Atmospheric Administration , tying a record for disasters causing more than $1 billion damage in a single year. Irene may cost insurers as much as $3 billion to cover U.S.

2011 109

Free online courses on Innovative Solutions for Cities by World Bank

The Green Changemakers

Read More > Urban Crime and Violence Prevention Urban crime and violence constitute a serious impediment to economic and social development globally. Read More > Safe and Resilient Cities This e-learning course focuses on disaster risk management (DRM) at the city level. Read More > Introduction to Disaster Risk Management This course is the introductory course of the World Bank Institute’s e-learning program on disaster risk management (DRM).

2013 40

The Environment and the Invisibility Ring of Gyges

Green Prophet

Each of these remote places concealed environmental disasters which were revealed through information technology. Fine-grained water and electrical metering , carbon taxes and other economic tools can help us factor invisible costs into our personal choices. Cleantech, Science & Technology green economics green technologyMy precious ring! King Gyges of Lydia ruled over what is now western Turkey from 716 BC to 678 BC.

2012 68