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

Detroiters against free trees?

In 2014, a nonprofit tried to give thousands of trees to Detroit residents, but many declined the offer. A recent … More

In New York, navigable waterways are open to the public; all other waterways belong to the people whose land they … More

The Chesapeake Bay is the nation’s largest estuary, with a watershed that includes six states. Because of its size and … More

If $10 million magically appeared and you got to decide how to allocate it between several environmental goals, how would … More

Will Harris, a free-range chicken farmer in Georgia, recently learned first hand the importance of transaction costs. In the last … More

Summertime means longer days and, for many families, a trip to a little slice of paradise: the beach. Most flock … More

The lesser prairie chicken, a species of grouse found in Kansas, Colorado, New Mexico, Oklahoma, and Texas, continues to recover … More

Cities across the country have brought novel lawsuits seeking to hold oil companies responsible for climate change—in particular, the city’s … More

Concern about eminent domain has traditionally been a concern of property rights activists, not the environmental community. But that may … More