Environment & Climate Change

2536 Items

Discussion Paper - Harvard Project on Climate Agreements

Environmental Benefit-Cost Analysis: A Comparative Analysis Between the United States and the United Kingdom

| January 2021

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. 

Discussion Paper - Harvard Project on Climate Agreements

Co-Benefits and Regulatory Impact Analysis: Theory and Evidence from Federal Air Quality Regulations

  • Matthew Kotchen
  • Mary Evans
  • Meredith Fowlie
  • Arik Levinson
  • Karen Palmer
| January 2021

This paper considers the treatment of co-benefits in benefit-cost analysis of federal air quality regulations. Using a comprehensive data set on all major Clean Air Act rules issued by the Environmental Protection Agency over the period 1997–2019, the authors show that (1) co-benefits make up a significant share of the monetized benefits; (2) among the categories of co-benefits, those associated with reductions in fine particulate matter are the most significant; and (3) co-benefits have been pivotal to the quantified net benefit calculation in nearly half of cases.

Gina McCarthy

AP/Carolyn Kaster

News - Harvard Project on Climate Agreements

Revisiting the First Environmental Insights Podcast with Gina McCarthy, Newly-Appointed Climate Advisor to President-Elect Biden

  • Casey Billings
| Jan. 06, 2021

The Inaugural episode of HEEP’s “Environmental Insights” podcast, featuring Gina McCarthy, gives a sense of what President-Elect Biden’s forthcoming climate-change-policy objectives might look like. Biden intends to appoint McCarthy as senior White House adviser on climate change, focusing on domestic policy.

Audio - Harvard Environmental Economics Program

Climate and Environmental Policy in the Biden Administration: A Conversation with Richard Revesz

| Jan. 05, 2021

Richard Revesz, the Lawrence King Professor of Law at New York University and co-founder of the Institute for Policy Integrity, shared his thoughts on how the transition to a new presidential administration later this month will impact U.S. environmental and climate change policy in the latest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” a podcast produced by the Harvard Environmental Economics Program.