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Environmental Economics

The Hidden Costs Of Environmentally-Damaging Businesses

Reuters | Posted 04.15.2013 | Green

OSLO, April 15 (Reuters) - Coal-fired power generation in Asia and cattle ranching in South America are the most damaging businesses for nature with...

While International Climate Negotiations Continue, the World's Ninth Largest Economy Takes an Important Step Forward

Robert Stavins | Posted 02.04.2013 | Green
Robert Stavins

I'm referring to the CO2 cap-and-trade allowance auction held by the State of California. The fact that the auction ran smoothly and compliance entities and others put their money down is one important step in establishing the program's credibility.

Cap-and-Trade, Carbon Taxes, and My Neighbor's Lovely Lawn

Robert Stavins | Posted 05.15.2013 | Green
Robert Stavins

In 1998 and for the subsequent eight years or so, I remained agnostic regarding what I viewed as the trade-offs between cap-and-trade and carbon taxes. What happened to change that? Three words: The Hamilton Project.

A Challenge for Climate Negotiators, and an Opportunity for Scholars

Robert Stavins | Posted 11.04.2012 | Green
Robert Stavins

The negotiating teams are now tasked under the Durban Platform with identifying a new comprehensive policy architecture. The negotiators are therefore hungry for new ideas, in particular for outside-the-box thinking.

Low Prices a Problem? Making Sense of Misleading Talk About Cap-and-Trade in Europe and the USA

Robert Stavins | Posted 04.28.2012 | Green
Robert Stavins

Since when are low prices considered to be a problem? To understand what's going on, we need to remind ourselves of the purpose (and promise) of a cap-and-trade regime, and then look at what's been happening in the respective markets.

Carbon Canopy: A Model for Solving Problems by Protecting Rather Than Destroying Our Natural Resources

Robert J. Cabin | Posted 05.01.2012 | Green
Robert J. Cabin

The Carbon Canopy is developing markets that advance forest preservation and sustainable management by compensating landowners for the environmental benefits created by healthy forests.

Reflections on Twenty Years of Policy Innovation

Robert Stavins | Posted 04.08.2012 | Green
Robert Stavins

In 2009, the U.S. Congress considered but ultimately failed to enact legislation aimed at limiting U.S. greenhouse-gas (GHG) emissions. The bill unde...

Economics of the Environment

Robert Stavins | Posted 03.31.2012 | Green
Robert Stavins

The Sixth Edition of Economics of the Environment: Selected Readings has just been published by W. W. Norton & Company of New York and London. Throug...

Can the Durban Climate Negotiations Succeed?

Robert Stavins | Posted 01.28.2012 | Green
Robert Stavins

Two weeks of international climate negotiations begin today in Durban, South Africa. These are the Seventeenth Conference of the Parties (COP-17) of ...

The Promise and Problems of Pricing Carbon

Robert Stavins | Posted 01.01.2012 | Green
Robert Stavins

In the U.S., political polarization has decimated what had long been the key political constituency in the Congress for environmental action, namely, the middle, including both moderate Republicans and moderate Democrats.

A Golden Opportunity to Please Conservatives and Liberals Alike

Robert Stavins | Posted 09.26.2011 | Green
Robert Stavins

Market-based approaches to environmental protection should be lauded, not condemned, by political leaders, no matter what their party affiliation. Otherwise, there will be severe and perverse long-term consequences for the economy.

Eco-Friendly Microfinance: It's Time To Clean Up The Bandwagon

DeSmogBlog | Joanna Zelman | Posted 06.06.2011 | Green

Microfinance is intended to help the poor. The poor are often the most affected by climate change. Yet, some microfinance programs actually further co...

Cancún Summit No Solution to Global Warming

Jeffrey Rubin | Posted 05.25.2011 | Green
Jeffrey Rubin

There are basically two ways to cut carbon emissions, and neither one of them involves global climate change summits like the one just held in Cancún, Mexico.