Potential Increases in Hurricane Damage in the United States: Implications for the Federal Budget

Congressional Budget Office https://bit.ly/2IfEVQz [Climate Wire, sub. req’d] The Congressional Budget Office doubled its estimate of annual hurricane costs, finding that extreme weather is dishing out damage that wasn’t expected for another 50 years. The CBO forecasts hurricane damage to cost $54 billion each year, equivalent to 0.3% of the annual U.S. gross domestic product, … Continue reading

Growth Potential for CO2 Emissions Transfer by Tariff Eduction

Environmental Research Letters (Feb. 7, 2019, v14 n2) / by Moinul Islam, Keiichiro Kanemoto and Shunsuke Managi https://iopscience.iop.org/article/10.1088/1748-9326/aaf688/meta [Abstract] A reduction in tariff barriers facilitates the relocation of factories to countries with less stringent environmental regulations. There has been rapid growth in the transfer of emissions from developing to developed countries through international trade over … Continue reading

Attaching a Price to Greenhouse Gas Emissions with a Carbon Tax or Emissions Fee: Considerations and Potential Impacts

Congressional Research Service / by Jonathan L. Ramseur and Jane A. Leggett https://crsreports.congress.gov/product/pdf/R/R45625c [Oil and Gas Journal]  A $25-50/tonne tax or fee on carbon emissions could help the US meet goals outlined in the United Nations’ 2016 Paris climate agreement, Congressional Research Service analysts concluded. But policymakers would face challenging decisions about how the new … Continue reading

Limits to the World’s Green Water Resources for Food, Feed, Fiber, Timber, and Bioenergy

Proceedings of the National Academy of Sciences (March 12, 2019 v116, pp4893-4898; https://doi.org/10.1073/pnas.1817380116, published ahead of print February 25, 2019) / by Joep F. Schyns, Arjen Y. Hoekstra, Martijn J. Booij, Rick J. Hogeboom, and Mesfin M. Mekonnen https://www.pnas.org/content/116/11/4893 [Abstract] Green water––rainfall over land that eventually flows back to the atmosphere as evapotranspiration––is the main … Continue reading

The Low but Uncertain Measured Benefits of US Water Quality Policy

Proceedings of the National Academy of Sciences (March 19, 2019, v116, pp5262-5269; https://doi.org/10.1073/pnas.1802870115, published ahead of print October 8, 2018) / by David A. Keiser, Catherine L. Kling, and Joseph S. Shapirod https://www.pnas.org/content/116/12/5262 [Abstract] US investment to decrease pollution in rivers, lakes, and other surface waters has exceeded $1.9 trillion since 1960, and has also … Continue reading

On the Use of Group Performance and Rights for Environmental Protection and Resource Management

Proceedings of the National Academy of Sciences (March 19, 2019, v116, pp5285-5292; https://doi.org/10.1073/pnas.1802881115, published ahead of print September 21, 2018) / by Matthew J. Kotchen and Kathleen Segerson https://www.pnas.org/content/116/12/5285 [Abstract] Environmental and natural resource (ENR) policies that focus on group outcomes are common but have received relatively less attention from economists than policies based on individual behavior. … Continue reading

Interactions between a Federal Carbon Tax and Other Climate Policies

Columbia University SIPA, School on Global Energy Policy / by Justin Gundlach, Ron Minsk and Dr. Noah Kaufman https://bit.ly/2UCmcRP [Axios]  A Columbia University energy think tank published a new paper [executive summary attached] that offers a framework for considering policies that are either complementary or redundant with a tax on emissions from fossil fuel combustion and industrial … Continue reading