Surfonomics: Quantifying the Worth of Waves
Radio New Zealand
The Nicholas Institute’s Ocean and Coastal Policy Program Director Linwood Pendleton discusses the worth of waves on a recent Radio New Zealand broadcast.
With ‘Fiscal Cliff’ Looming, Carbon Tax Getting Closer Look
The Washington Post
Here’s a riddle: If Congress doesn’t want to raise income tax rates but wants to raise revenue, what can it do? One answer: Pass a carbon tax. Billy Pizer, faculty fellow at the Nicholas Institute for Environmental Policy Solutions, comments in this Washington Post article.
Tax Carbon to Reduce it, Not to Cash In
The National Journal
Should President Obama and Congress pursue a carbon tax? The policy proposal has been garnering increasing attention among Washington’s think tank and academic leaders across the ideological spectrum as a way to simultaneously combat global warming and cut the ballooning federal deficit. Brian Murray, director for economic analysis, weighs in on the National Journal’s Energy and Environment Expert blog.
Study Explains Estuaries Role in Carbon Containment
As National Estuaries Day – Sept. 29 – approaches, evidence of the value of preserving and re-creating these aesthetically pleasing chunks of coastal habitat is increasing. Although it’s long been known that marshes and wetlands are key to the growth and survival of many marine species, a new study released earlier this month by Duke University and Oregon State University shines light on a lesser-known fact: destroying them releases copious amounts of carbon into the atmosphere.
Mangroves Hidden Value
Nature Climate Change
Mangroves are being lost at an alarming rate as their conversion for aquaculture and other uses is profitable. Research, however, suggests that valuing the deep reserves of carbon in mangrove sediments may be the key to their survival. Brian Murray, director for economic analysis, discusses the current science in Nature Climate Change.
Surf’s Up, but Advocates Try to Prove it’s Profitable, too
The Washington Post
Duke’s Linwood Pendleton discusses how he helped put a price tag on a popular surfing spot on Puerto Rico’s northwest coast.
Weekly Papers: This Week’s Interesting Economics Research
A working paper authored by Billy Pizer, out of the Nicholas Institute for Environmental Policy Solutions Environmental Economics Working Paper Series, is included among the 10 most interesting economics-focused studies. It is titled, “Facing the Climate Change Challenge in a Global Economy.”
Rising Sea Levels Have Uneven Consequences in California Beach Towns
Rising sea levels projected over the next century could trigger uneven economic gains and losses for towns along the California coast, according to a new Duke study.