Environment & Climate Change

The United States and United Kingdom have longstanding traditions in use of environmental benefit-cost analysis (E-BCA). While there are similarities between how E-BCA is utilized, there are significant differences too, many of which mirror ongoing debates and recent developments in the literature on environmental and natural resource economics. We review the use of E-BCA in both countries across three themes: (a) the role of long-term discounting; (b) the estimation and use of carbon valuation; and, (c) the estimation and use of the value of a statistical life. 

In order to fully appreciate the global climate-change challenge that the Biden administration will face, Robert Stavins reflects on the history of international negotiations that brought us to this point.

Nobel Prize–winning economist Joseph Stiglitz, University Professor at Columbia University, shared his thoughts on carbon pricing, the post-pandemic economic recovery, and green economy transition during a virtual forum on September 8 sponsored by the Harvard Project on Climate Agreements, and hosted by Robert Stavins, A.J. Meyer Professor of Energy and Economic Development at Harvard Kennedy School.

In this report, the authors conduct a benchmarking analysis for energy and CO2 emissions intensity of the steel industry among the largest steel-producing countries.

In this edition of "The Interview," Fair Observer talks to Professor John Holdren, former science adviser to President Barack Obama and director of the White House Office of Science and Technology Policy from 2009 to 2017 about the impacts of global warming on the United States and the government's strategies to combat climate change.