Monthly Archives: March 2009

Using Markets to Make Fisheries Sustainable

Around the world, over-fishing is leading to severe depletion of valuable fisheries.  This is as true in U.S. coastal waters as it is in many other parts of the world.  In New England waters, for example, after two decades of … Continue reading

Posted in Environmental Economics, Environmental Policy, Fisheries Policy, Natural Resource Economics, Natural Resource Policy | 9 Comments

A Tale of Two Taxes

Whether they are called “revenue enhancements” or “user charges,” fear of the political consequences of taxes restricts debate on energy and environmental policy options in Washington. In a March 7th post on “Green Jobs,” in which I argued that it … Continue reading

Posted in Climate Change Policy, Energy Economics, Energy Policy, Environmental Economics, Environmental Policy, Positive Political Economy | 9 Comments

Misconceptions About Water Pricing

Throughout the United States, water management has been approached primarily as an engineering problem, rather than an economic one. Water supply managers are reluctant to use price increases as water conservation tools, instead relying on non-price demand management techniques, such … Continue reading

Posted in Natural Resource Economics, Natural Resource Policy, Water Policy | 6 Comments

Green Jobs

The January 12, 2009 issue of The New Yorker includes a well-written and in some ways inspiring article by Elizabeth Kolbert, profiling Van Jones, founder and president of Green for All. In the article, “Greening the Ghetto: Can a Remedy … Continue reading

Posted in Economic Stimulus Policy, Environmental Economics, Environmental Policy, Positive Political Economy | 12 Comments

As Reservoirs Fall, Prices Should Rise

Last week, California Governor Arnold Schwarzenegger declared a state of emergency and warned of possible mandatory water rationing as the state struggled through its third consecutive year of drought. This well-intentioned response to the latest water crisis should not come … Continue reading

Posted in Environmental Economics, Environmental Policy, Natural Resource Economics, Natural Resource Policy, Water Policy | 10 Comments

The Myths of Market Prices and Efficiency

In my two previous posts I described a pair of prevalent myths regarding how economists think about the environment: “the myth of the universal market” ­– the notion that economists believe that the market solves all problems; and “the myth … Continue reading

Posted in Environmental Economics, Environmental Policy | 7 Comments