Environment & Climate Change

Esteemed economist Geoffrey Heal lauded recent technological advancements while also expressing his frustration with the impact of international efforts to combat climate change policy during the latest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program.” The podcast is produced by the Harvard Environmental Economics Program.

The Danish Minister of Climate, Energy, and Utilities expressed his hope that the tragic war in Ukraine will help accelerate the clean energy transformation by weaning Europe off Russian gas during a Virtual Forum (view recording here) last Friday (April 8). The event was hosted by the Harvard Project on Climate Agreements (HPCA) and moderated by Robert Stavins, HPCA Director and A.J. Meyer Professor of Energy and Economic Development. 

Sheila Olmstead, professor of public affairs at the LBJ School of Public Affairs at the University of Texas, Austin, shared her thoughts on U.S. water policy and environmental justice in the latest episode of “Environmental Insights.”

Guangdong Province ranks first in economic output among China’s provinces and will play a major role in achieving China’s national climate-change goals. This paper examines the progress of Guangdong Province’s carbon dioxide emissions trading system (ETS) in reducing emissions; design features of the system; challenges it faces with regard to further development; and its relationship to China’s new national ETS.

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.

Professor Joseph Aldy says the incoming U.S. administration can breathe new life into global efforts against climate change, but faces daunting political and economic obstacles.

From his perspective as Principal Advisor to the Directorate General for Climate Action in the European Commission (EC), Jacob Werksman is cautiously optimistic about the direction of international climate policy. Werksman was the expert guest in the Conversations on Climate Change and Energy Policy webinar discussion last Thursday (July 9). The webinar series is sponsored by the Harvard Project on Climate Agreements (HPCA), and the interviews are hosted by HPCA Director Robert Stavins, the A.J. Meyer Professor of Energy & Economic Development at Harvard Kennedy School. 

Plants draw carbon dioxide from the atmosphere as they grow, sequestering the carbon in biomass and thus helping to mitigate climate change. This mitigation has an economic value commensurate with reduced damages from climate change. However, the U.S. National Park Service (NPS) has not calculated the carbon-sequestration benefits provided by the 84 million acres of land it manages, even though 85% of this land is vegetated.

The NPS has a dual mission—to foster both tourism ("visitation" to those researching this topic) and land stewardship. Measuring the value of carbon sequestration would complement ongoing attempts to measure the economic value of tourism by providing an initial estimate of the economic importance of one component of the NPS's stewardship obligations.