International trade and travel can enable otherwise innocuous species to wreak havoc in new and novel environments. Evaluating the economic benefits of preventing the arrival and establishment of a damaging, invasive species through quarantine or preventative measures requires considering its total long-term damages from the time of its arrival onward. Previous literature has recognized that […]
If you’re a fan of crime fiction with a dash of humor, you might have read some of Carl Hiaasen’s books—Skinny Dip, Nature Girl, Paradise Screwed, to name three. If so, you’ve probably noticed Hiaasen’s love of nature, specifically the wild and woolly swamps and back woods of south Florida. In early November, Hiaasen wrote […]
In 1990, the Acid Rain Program introduced market-based environmental policy on the largest scale ever attempted. The program capped the total level of acid rain–causing sulfur dioxide emissions from the US electricity sector and allowed utilities to trade under that fixed cap—a so-called cap-and-trade system. Ironically, though much of the original motivation for that program […]
An increasing number of conservation projects designed to address ecological management, protection, and restoration are being judged based on the investment returns they are able to produce. The costs, benefits, and risks of these projects can all be assessed using conservation return on investment (ROI) analysis, a method to help conservancies prioritize possible programs based […]
In the twentieth century, flooding caused more deaths and property damage in the United States than any other natural disaster. Most climate models predict that flooding will worsen in the future, a prospect that is leading a growing number of communities to explore the use of natural areas as protection against extreme events. These areas […]
Each year, the US government spends billions of dollars to build, maintain, and manage water infrastructure and water resources. Federal principles directing how the US Army Corps of Engineers and other agencies assess, plan, and invest in flood control, water storage, navigation infrastructure, and other water resources date back to 1983. The realities of science, […]
Preventing the release of “blue carbon” stored in mangroves, sea grasses, and salt marshes may be an effective way to reduce the amount of carbon dioxide in the air. A new RFF report details the possibilities. Click here to read the full feature.
Future commodity traders may look back on June 26, 2009 as the day that the Congress officially backed ecosystem service markets as the prominent vehicle of environmental conservation in the 21st Century. It was then that the sweeping American Clean Energy and Security Act of 2009 (H.R. 2454)—legislation in which carbon offset markets play a […]