Articles tagged with Environmental Economics
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.
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.
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.
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.
A research team has developed a new framework for the circular economy, which aims to reduce negative impacts on environmental and human health. The SpheriCity project provides a tool for cities to conduct circularity assessments and collaborate with each other.
A new computer algorithm has been developed to enhance the management of invasive species globally, optimizing resource allocation and reducing costs. The innovative tool is adaptable to various population dynamical models and treatment methods, improving the effectiveness of environmental conservation efforts.
International agreements like Sustainable Development Goals represent wide support for a sustainable future. However, disagreements on how to achieve this lead to marginalization and inaction. Researchers found that competing approaches prioritize different values of nature, making compromise difficult.
A recent study by University of Maryland economists suggests that the current payment structures in Ecosystem Services Incentive Programs limit participation and create incentives to leave early. The new design uncouples penalties from payments, resulting in increased program completion rates, higher payments to farm owners, and more e...
A team of Chinese economists extended the basic CGE model to assess the impacts of environmental policies, including carbon taxes and emission disclosure. The model can provide crucial economic indicators and trends in production activities, supporting comprehensive policy formulation.
A new study shows that firms in the US respond differently to political parties in charge, even if policies don't change. Firms located in Republican-governed states spend more on water pollution control than those in Democratic states.
A new study found that 19 out of 34 countries failed to fully meet their 2020 climate commitments set in Copenhagen 15 years ago. The study highlights the challenges countries face in reducing emissions while maintaining economic growth, particularly for those unable to meet their targets.
A new Illinois study reveals that countries with high production levels emit more air pollutants due to domestic and foreign demand. The researchers found a significant increase in carbon monoxide emissions from China to South Korea, emphasizing the need for global cooperation to address pollution.
A new study reveals that less affluent countries are more prone to damage caused by biological invasions, with average costs exceeding $26.8 billion annually globally. Wealthier nations can mitigate this issue by investing in invasive species management in neighboring countries.
The US Department of Energy's Billion-Ton Report suggests that the country could produce over 1 billion tons of plant-based biomass per year for renewable fuels while meeting projected demands for food, feed, fiber, conventional forest products, and exports. This would triple the current bioeconomy capacity, enabling the production of ...
A new study predicts that climate change will lead to a significant reduction in natural snow cover days globally, with popular ski hubs moving to remote areas. The European Alps, Australian Alps, and Japanese Alps are expected to experience the most decline, threatening local livelihoods and ecosystems.
Researchers propose that policy interventions should focus on reducing energy demand to improve energy security, rather than just increasing supply. This approach is found to be more effective in making countries less susceptible to convergent energy crises.
High levels of air pollution have a significant negative impact on teams' ability to solve complex problems, such as developing clean energy technologies and vaccines. The study used escape-room games data to estimate that high-pollution days can lead to up to 5% longer completion times for teams.