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    Newell, Richard G, and Robert N Stavins. “Climate Change and Forest Sinks: Factors Affecting the Costs of Carbon Sequestration.” Journal of Environmental Economics and Management 40 (2000): 211–235. Publisher's VersionAbstract
    newell_stavins_jeem.pdf

    The possibility of encouraging the growth of forests as a means of sequestering carbon dioxide has received considerable attention, partly because of evidence that this can be a relatively inexpensive means of combating climate change. But how sensitive are such estimates to specific conditions? We examine the sensitivity of carbon sequestration costs to changes in critical factors, including the nature of management and deforestation regimes, silvicultural species, relative prices, and discount rates.

    A-30

    Aldy, Joseph E, and Robert N Stavins. “Climate Negotiators Create an Opportunity for Scholars.” Science 337 (2012): 1043–1044. Publisher's VersionAbstract
    science-2012-aldy-1043-4.pdf

    The 1992 United Nations Framework Convention on Climate Change (UNFCCC) launched a process to confront risks posed by global climate change. It has led to a dichotomy between countries with serious emission-reduction responsibilities and others with no responsibilities whatsoever. This has prevented progress, but recent talks suggest the prospect for a better way forward and an openness to outside-the-box thinking. Scholars and practitioners have a new opportunity to contribute innovative proposals for a future international climate policy architecture.

    A-75

    Reinhardt, Forest L, Robert N Stavins, and Richard HK Vietor. “Corporate Social Responsibility Through an Economic Lens.” Review of Environmental Economics and Policy 2 (2008): 219–239. Publisher's VersionAbstract
    reinhardt_stavins_vietor_reep.pdf

    Business leaders, government officials, and academics are focusing considerable attention on the concept of “corporate social responsibility” (CSR), particularly in the realm of environmental protection. Beyond complete compliance with environmental regulations, do firms have additional moral or social responsibilities to commit resources to environmental protection? How should we think about the notion of firms sacrificing profits in the social interest? May they do so within the scope of their fiduciary responsibilities to their shareholders? Can they do so on a sustainable basis, or will the forces of a competitive marketplace render such efforts and their impacts transient at best? Do firms, in fact, frequently or at least sometimes behave this way, reducing their earnings by voluntarily engaging in environmental stewardship? And finally, should firms carry out such profit-sacrificing activities (i.e., is this an efficient use of social resources)? We address these questions through the lens of economics, including insights from legal analysis and business scholarship.

    A-56

    Reinhardt, Forest L, and Robert N Stavins. “Corporate Social Responsibility, Business Strategy, and the Environment.” Oxford Review of Economic Policy 26 (2010): 164 –181. Publisher's VersionAbstract
    reinhardt_stavins_in_oxford_review_2010.pdf

    We examine the concept of firms sacrificing profits in the social interest within the environmental realm, with particular focus on the case of the United States by addressing four key questions. May they do so within the scope of their fiduciary responsibilities to their shareholders? Can they do so on a sustainable basis, or will the forces of a competitive marketplace render such efforts and their impacts transient at best? Do firms, in fact, frequently or at least sometimes behave this way, reducing their earnings by voluntarily engaging in environmental stewardship? Should firms carry out such profit-sacrificing activities (i.e. is this an efficient use of social resources)? We address these questions through the lens of economics, including insights from legal and business scholarship.

    A-62

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