The depletion of forested wetlands is a pressing environmental concern, but has wetland depletion and conversion to agricultural cropland been excessive? A dynamic analysis of resource exploitation in the presence of environmental consequences is required. The structure and parameters of a model of socially optimal wetland use are found to bear a well-defined relationship to those which emerge from a private-market model of wetland exploitation, providing a basis for internalizing environmental externalities and for identifying optimal resource-exploitation strategies. Empirical analysis focuses on the area of severest wetland losses in the United States, the Lower Mississippi Alluvial Plain.

A-5

Ambitions for 2009 Climate Pact Fade In Poznan

December 8, 2008

Reuters

American Carbon Market Seen As Winner With China Accord

November 13, 2014

Bloomberg

Robert N. Stavins

A.J. Meyer Professor of Energy & Economic Development

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After Kyoto: Solving the Climate Conundrum

After Years of Finger Pointing, World Leaders Finally Ready to Tackle Global Warming

Ahead of Global Talks, All Eyes on U.S. Contribution to Climate Fund

Air Board Chief Once Again Touts 'Terribly Deficient' Economic Analysis

Air Pollution Market Debut Tests Cap-And-Trade Model

All Going Up: Oil Prices, Gas Prices, a Good Glass of Wine

All States Need to Embrace Bipartisan Climate Bill

Ambitions for 2009 Climate Pact Fade In Poznan

American Carbon Market Seen As Winner With China Accord

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