Articles on Environmental economics

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Activists surround Shell Oil rig in Seattle’s Elliot Bay to protest Arctic drilling plans. Daniella Beccaria/Flickr

Offshore drilling: why it makes economic sense to wait

Offshore drilling debates boil down to "Drill, baby, drill" versus "spill, baby, spill." But economists say the right question is when we know enough to drill safely – and often that means waiting.
Not the aisle for happiness. consumer via www shutterstock com

Consumed: why more stuff does not mean more happiness

A lifestyle based on aggressive consumption stresses the Earth's resources and, beyond a certain point of comfort, does not actually foster human fulfillment or happiness.
We bailed out the banks – our food is worth even more, but working out exactly how much more is tricky. Louise Docker/Wikimedia Commons

If dollars rule the world, why don’t the bees get a bailout?

Is it worth trying to put a price on the natural world, when things like water and food are priceless? Yes, says Paul Sutton - without knowing the value of the environment, we might not value it at all.
A reform silver lining lurking behind the clouds? Arnold Paul

Without transparency, Europe’s carbon market reform will fail

In 2008, the European carbon market crashed. Carbon emission allowances in the EU Emissions Trading System (ETS) plunged from €30 per tonne of C02 in June 2008 to €7 at the beginning of 2009. Prices have…

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