As California tries to reduce the risk of catastrophic wildfire, the state has run into an unexpected obstacle: air pollution … More
Environmental markets work best when they incentivize compliance, rather than relying on enforcement
Last week, ProPublica published an article questioning whether carbon credits for forest preservation are “worse than nothing.” The article cites … More
How can we better capture the option value of conservation?
Is it better to pump oil today, tomorrow, or never? Is a tree more valuable if harvested now, in a … More
Can property rights fight forest fires and facilitate conservation?
Forests have long been hotspots (pardon the pun) for environmental conflict because so much of their use is determined politically. … More