Articles tagged with Environmental Economics
A new study suggests that counter climate change organizations are more likely to arise in countries with stronger environmental policies and institutions. These groups often have eclectic views not directly tied to economic or political interests, and are increasingly global in scope.
The University of Texas at Arlington is developing more efficient processes for sourcing rare earth elements needed to produce high-performance magnets. The project aims to make the mining of these critical materials more environmentally sustainable and cost-effective.
A new USC study reveals that the US is facing a shortage of 4.5 million homes due to policy missteps in the early 2000s, which led to a historic housing bubble and subsequent Great Recession. The crisis has disproportionately affected millennials and people of color, with racial and ethnic disparities in homeownership widening over time.
Researchers estimate that human-made products store around 400 million tons of fossil carbon annually, equivalent to 9% of extracted fossil carbon. Recycling and increasing product lifetime can help reduce waste streams, while enacting policies to minimize landfill discharge is crucial.
A new study by Dr. Ohad Raveh and Dr. Nathan Goldstein finds that UAP sightings are positively correlated with economic conditions across regions but display counter-cyclical patterns within those regions over time. The research suggests that shifts in attention to extraordinary phenomena may reflect broader fluctuations in public focus.
The study traces the evolutionary history of brown algae through genomic analysis, highlighting their role in sustaining coastal habitats and combating climate change. The research also identifies practical applications in aquaculture, biotechnology, and ecosystem restoration.
A new study from the University of Surrey found that multinational enterprises (MNEs) are actively contributing to environmental problems despite claiming to address them. The research team argues that there is an urgent need for MNEs to reassess their innovation strategies to align with the UN Sustainable Development Goals.
The National TRAP Program has awarded $1.4 million to fund 11 projects in nine US states and Palau to remove derelict fishing gear from coastal waters. This initiative aims to standardize data collection practices and establish a national database to evaluate the environmental and economic impacts of these efforts.
Researchers analyzed financial and environmental data from 8,547 companies across 34 countries, revealing that stronger environmental engagement leads to better financial outcomes. Companies with superior environmental performance demonstrate better financial results and attract greater interest from investors.
A new UN report highlights the economic benefits of investing in sustainable land and water management to reduce drought costs. The study estimates that nature-based solutions can generate up to $10.1 trillion in business value by 2030, while creating millions of jobs.
A study of U.S. adults on anti-obesity medications found that 25% reported wasting more food since taking the drugs, while changes in diet and eating habits appeared to offset some of this waste, particularly among those who consumed more vegetables.
A study by Cornell University researchers recommends that the costs of new power lines be borne by those who benefit from them, resolving disagreements over cost allocation. The 'beneficiary pays' approach encourages investment in the grid without disputes over cost-sharing.
A new study explores the relationship between democratic attributes and greenhouse gas emissions, highlighting the effectiveness of Direct Popular Voting in reducing emissions. Civil Society Participation is also found to have a significant impact, particularly in countries with higher GDP per capita. The research provides insights for...
A resilience index is proposed as a more suitable indicator of policy success than GDP, incorporating social and environmental components. This approach aims to steer decision-makers within the planet's 'safe operating space', balancing competing interests and trade-offs.
A new study warns that Colorado's West Slope basins, supporting a $5 billion agriculture economy, face a potential tipping point due to drought vulnerability. The research suggests that even moderate climate change and streamflow declines can threaten water storage, agriculture, and municipal supplies.
Research led by the University of Göttingen found enriching beech forests with commercially valuable native and non-native conifer species can enhance biodiversity, ecosystem functioning, and economic performance. The study showed that mixing beech with Douglas fir resulted in positive gains, particularly for biodiversity and economic ...
The EU's sustainable finance framework urgently needs to expand to address climate goals. The current taxonomy will not meet the Paris Climate Agreement target of limiting global temperature rise to 1.5°C.
Researchers found that windfall profits from oil and gas companies in 2022 would be enough to cover climate payments for nearly five years. Governments can redistribute these excess profits to fight the climate crisis, with a tax on windfall profits being a proposed solution.
Experts argue that current implementation of Biodiversity Net Gain policy is flawed, with localized offsetting leading to double conservation gains when targets are placed where they benefit biodiversity most. This approach can greatly improve benefits to wildlife and help nature-deprived areas.
A new study by UC Davis engineers and economists finds that producing materials like steel, plastics, and cement inflicts $79 billion a year on the global climate. The team calculated climate costs using the Environmental Protection Agency's Social Cost of Carbon standard.
A new experimental study has found that cockroaches and maggots can efficiently break down invasive seaweed into a high-quality compost. This discovery offers promising prospects for the bio-recycling of the invasive alga Rugulopteryx okamurae and its management in circular economy applications.
Researchers found that restoring coastal marshes can significantly help protect coastlines at a reasonable cost. A study by MIT graduate student Ernie I. H. Lee and professor Heidi Nepf shows that enhancing salt marshes in front of protective seawalls can reduce construction costs while still providing adequate protection from storms.
A new study explores clauses in pollination contracts that could make them more appealing to beekeepers, including pesticide protection and cover crop options. Beekeepers valued these features, particularly those protecting against pesticide exposure, with discounts ranging from $6 to $8 per colony.
Despite Norway's ambitious circular economy goal, the country incinerates more than 65% of collected waste, with significant gaps in data collection and measurement methods. Researchers propose 18 new methods to improve efficiency, highlighting the need for more accurate reporting on recycling rates.
A circular bioeconomy aims to reduce waste, transform industries, and regenerate natural systems for environmentally sustainable food and energy production. The concept needs a values-based economic lens with the right policies and incentives to persuade consumers and producers.
A new study by NUS Medicine reveals that Singaporean families with young children successfully adapted to the pandemic's challenges, with 31% showing economic security and relational strengthening. Families with strong relational factors, such as maternal self-efficacy and quality family time, demonstrated higher relational resilience.
Researchers introduce the 'prosocial market economy' as a model embedding cooperation, ethical behavior, and sustainability into organizational practices. This approach prioritizes collaboration and collective well-being, fostering long-term economic success and sustainability.
A group of scientists and economists warn that green subsidies can have negative spillover effects and diminish overall effectiveness if not implemented cautiously. They suggest imposing time limits on subsidies to ensure they do not perpetuate harmful practices over the long term.
Researchers studied three Chinese NGOs engaging in trans-boundary RET transfers, highlighting their roles in coordination, technical assistance, and environmental monitoring. Despite growing importance, these NGOs face challenges such as limited global integration and inadequate funding.
The C-REM 4.0 model helps analyze the economic and environmental impacts of climate policies in China's provinces. The updated model provides well-founded policy recommendations for achieving carbon neutrality by 2060.
A study published in Business Strategy and the Environment found that green finance initiatives can significantly reduce CO2 emissions. The researchers also noted that investing in renewable energy is crucial for companies to achieve environmental sustainability.
Agricultural water pricing may help manage scarce resources, but firms' responses vary. Researchers found that groundwater extraction decreased by 22% after a 21% price increase, but firms became more responsive to prices over time, with increased elasticity between the first and fifth year.
A study by MIT researchers found that EV charging stations increase annual spending at nearby businesses by an average of $1,500 in 2019 and $400 from 2021 to 2023. The impact is particularly pronounced for businesses within 100 yards of charging stations and in low-income areas.
Researchers at Tokyo Institute of Technology developed a highly selective and efficient glycerol electrooxidation process that converts waste into high-value three-carbon compounds. Higher borate concentrations improved selectivity for these products, reducing the need for additional processing.
A study by University of Bonn researchers found that measures against illegal deforestation in Brazil lead to a decrease in violent crimes and homicides. The number of homicides fell significantly, particularly after being blacklisted.
A WVU statistician is developing new methods to analyze curve-type data for predicting extreme weather patterns, financial turmoil and pollution levels. The research aims to create innovative tools for understanding high-resolution data and addressing regional risks in mountainous states like West Virginia.
New research finds women make up 50% of post-harvest fisheries and aquaculture workforce, yet often remain invisible, unpaid or underpaid. The study calls for policy changes to address social justice dimensions of technology development.
A new study found that auditors are more likely to give in to companies' requests for lenient financial reports when they have already been involved in ESG audits. This can lead to inflated numbers and misrepresentation of a company's value to investors and shareholders.
The study finds that agricultural expansion could lead to a 26% decline in biodiversity and emit almost half of current annual global CO2 emissions. Conservation policies can also have economic benefits, with minimal impact on GDP and reduced greenhouse gas emissions.
Researchers project significant short-term impacts of the Russian invasion on global timber markets, but also warn of long-term effects on the economy and environment. The study predicts that some product markets may not recover from the invasion, leading to increased production in other countries and potential environmental harm.
Researchers at Pohang University of Science & Technology have unveiled an eco-friendly method to extract rare metals from semiconductor waste, recovering precious tungsten and assessing its economic viability. The bioleaching process, using a fungus to dissolve metals, is found to be 7% cheaper than traditional methods.
A new economic model called socio-bioeconomy (SBE) aims to protect the Amazon by supporting indigenous and rural communities, and standing forests. SBEs focus on sustainable use and restoration of ecosystems, eco-friendly tourism, and community-led development.
Research shows that wealthy countries in the Global North benefit from unequal exchange with the Global South, net-appropriating 826 billion hours of labor. This amounts to a wage value of €16.9 trillion, equivalent to half of total consumption in the Global North.
A study by Max Planck Institute for Evolutionary Anthropology found that local food harvesting is more economically-efficient and less carbon-intensive than industrial food production in the Canadian Arctic. Replacing locally-harvested foods with market substitutes would cost over $3 million per year and emit over 1,000 tonnes of CO2-e...
Rocio Uria-Martinez, an energy and environmental economist at ORNL, was recognized for her work on the U.S. Hydropower Market Report detailing industry trends. Her research analyzed climate change impacts, pumped storage hydropower operations, and cost allocation in multipurpose projects.
A survey-based study found that 97% of Japanese respondents are willing to pay for a nationwide wastewater surveillance system, with a median value of $8.83 per household per year. The estimated annual tax would be more than enough to cover system maintenance costs, making the system economically justified.
A global assessment of scientific literature finds that nature-based solutions (NbS) are an economically effective method to mitigate risks from disasters such as floods, hurricanes, heatwaves, and landslides. NbS have been proven consistently cost-effective in mitigating hazards in 71% of the studied articles.
A new article assesses the reliability and robustness of a spatial microsimulation method for calculating carbon tax incidence. The authors demonstrate the approach's ability to generate granular household-level estimates, providing unique insights into the distributional consequences of carbon taxes. They find that different revenue r...
A study of Japanese listed companies found that those with higher carbon emissions face higher costs for borrowing and raising money. In contrast, companies that follow TCFD guidelines and openly share climate-related information benefit from lower capital costs.
A new study suggests that implementing effective water quality management measures could halve future water scarcity in the Pearl River Basin. The research highlights the importance of addressing water pollution and other environmental factors to mitigate water scarcity and support sustainable development.
The US food system is dominated by industrial agriculture, which perpetuates global challenges like food insecurity and biodiversity loss. Agroecology offers a solution, prioritizing ecological and social sustainability without sacrificing one for the other.
A nationwide bottle deposit program could significantly increase the rate of plastics recycling in the US, from 24% to 82%, according to MIT researchers. With the right policies in place, including sufficient demand for recycled material, PET bottles can be safely made into new products with high quality and minimal processing.
The application of complex network models in energy and carbon emission systems provides valuable insights into their structure, operation, and internal mechanisms. These findings enhance our understanding of environmental and energy challenges.
Surfing provides a significant economic boost to Australia, with adult surfers spending over $3,700 per year on domestic travel and surf-related accessories. The sport also has a positive impact on physical and mental wellbeing, as well as fostering a sense of community connection.
Researchers found that adding nitrogen to concrete could significantly reduce global levels of potentially harmful nitrogen oxides (NOx) created by the construction industry. This process could contribute to a reduction in NOx emissions by 3.4-6.9 megatonnes, representing 6-13% of industry-related emissions in 2021.
A review of Endogenous Technological Change in Integrated Assessment Models demonstrates current techniques and theoretical foundations for handling technical evolution. The E3METL model showcases implications of energy technology advancement, economic impacts, and shifts in abatement costs.
Researchers propose a conservation credit system to reduce costs and meet 30x30 ocean protection targets by allowing countries to trade conservation obligations. This approach enables nations with higher conservation costs to pay others to increase their efforts, achieving more equitable conservation across the globe.
Remanufacturing is a process that transforms end-of-life products into new ones, offering economic benefits and environmental advantages. Companies need to invest time and energy to adopt this approach, but it can lead to increased profitability and sustainability.
A new study by IIASA researchers highlights the benefits of transboundary cooperation in the Lancang-Mekong River Basin, which could maximize economic benefits while minimizing environmental losses. Full cooperation is recommended as a more beneficial and stable option for riparian countries, especially under changing climate conditions.
Researchers analyzed interprovincial value chain emissions in China, finding provinces with high local emissions transferring production to others. The domestic economy's resilience and the national average correlation of intermediates are relatively low.