Using identical surveys a decade apart, we examine how attitudes and willingness to pay (WTP) for climate policies have changed in the United States, China, and Sweden. All three countries exhibit an…

Key Points Drilling activities are very responsive to oil prices, while tight oil production is not very responsive. Tight oil production could decrease by 1.3-2.3 MMbbl/d (million barrels per day)…

Abstract The coronavirus pandemic is having substantial impacts on the oil and gas industry. Following the plummeting of oil prices in March 2020, the future supply of tight oil in the United States…

Policy makers often express concern about the impact of carbon taxes on employment and GDP. Focusing on European countries that have implemented carbon taxes over the past 30 years, we estimate the…

Little is known about the cost of environmental regulations that target households instead of firms, partly because of significant methodological and data challenges. We use the contingent valuation…

Despite its importance in benefit-cost analyses in the water supply, transportation, and health care sectors, there are relatively few empirical estimates of the value of travel time savings (VTT) in…

We develop a model of a multi-national firm producing commodities for a global market in multiple locations with location-specific risks and different regulatory standards. Salmon aquaculture and…

Abstract: Reducing carbon dioxide (CO2) emissions from power plants can have important "co-benefits" for public health by reducing emissions of air pollutants. Here, we examine the costs and health co…

Stated preference (SP) researchers have encountered an increasing number of policy problems for which a willingness-to-accept (WTA) compensation question would seem to be the most reasonable approach…

Many environmental externalities occur with time lags that can range from a few days to several centuries in length, and many of these externalities are also subject to uncertainty. In this paper, we…