The environmental impact of human activity does not often not factor into the prices of goods and services we buy. But it can impose measurable costs. Our articles explore the economic rationale for government intervention in environmental policy; the costs and benefits of environmental regulation; energy policy; the financial and economic issues raised by climate-related disasters; and equity issues related to the environment.
October 15, 2018
Sea level rise and coastal development mean a higher share of population and property are at risk of severe flooding. The nation’s flood insurance program is in the red.
May 2, 2018
Five years after Hurricane Sandy, housing prices in New York City’s flood zone were 8 percent lower than similar properties in areas with lower flooding risks.
August 15, 2017
A large share of U.S. renewable energy consumption comes from biomass, an energy source that involves burning organic material and releases carbon dioxide.