What’s going on with Lumber Prices?

Brent Sohngen, Professor Environmental and Natural Resource Economics. In case you haven’t noticed, lumber prices have increased a lot over the last year.  Based on the US Bureau of Labor Statistics Lumber Price Index, which you can find here, lumber…

What’s all the buzz about climate change?

by Brent Sohngen, Professor of Environmental and Natural Resource Economics, Ohio State University There has been an avalanche of news about climate change.  President Biden hosted a bunch of heads of state at a climate conference, and announced a pledge…

The Benefits of Ohio Public Natural Spaces

The Benefits of Ohio Public Natural Spaces

Brent Sohngen, Dept. of Agricultural, Environmental, and Development Economics Ohio doesn’t have a mountain, and we aren’t all that close to the ocean, but what Ohio lacks in altitude or coastal amenities, our natural areas make up for in attitude. …

Carbon in soils and trees: What should farmers and society worry about?

Carbon in soils and trees: What should farmers and society worry about?            Brent Sohngen, Professor of Environmental and Natural Resource Economics, Ohio State University As the US re-enters the Paris Agreement and companies all over the world work to become…

Re-entering Paris Agreement could reduce pollution, cost most Americans little

By Brent Sohngen This article ran in the Columbus Dispatch on February 13, 2021: https://www.dispatch.com/story/opinion/columns/2021/02/13/re-entering-paris-agreement-likely-reduce-pollution-cost-americans-little/4282378001/ One of the first official acts of President Joe Biden was to re-enter the Paris Agreement, that 2015 pact among most of the world’s countries to…

Markets and consumers, not president, control oil’s future

The following appeared in the Columbus Dispatch on November 4, 2020: https://www.dispatch.com/story/opinion/columns/2020/11/04/column-markets-and-consumers-not-president-control-oils-future/6136112002/   Brent Sohngen, AED Economics, Ohio State University For practically 150 years, oil has been at the center of the American economy.  At first, it provided a source…

Recent UN climate negotiation failure leaves few good choices

By Brent Sohngen See original post in Columbus Dispatch Predictably, the recent United Nations meeting on climate change ended with lots of headlines and even more heartburn. The U.S. is again the grand villain of the negotiations, but we have…

How Big are the Damages from Algal Blooms for Beaches and Fishing in Lake Erie?

By Brent Sohngen (sohngen.1@osu.edu) A consulting company, Key-Log Economics has just released a report estimating the economic benefits from phosphorus reductions in Lake Erie (http://www.keylogeconomics.com/lakeerievalue.html).  This report adds up estimates from a variety of studies and attempts to calculate a…

Carbon tax or Green New Deal?

Published in Columbus Dispatch, March 15, 2019 by Brent Sohngen Ohioans are about to get another taste of carbon taxes if legislators approve some amount of a gasoline-tax increase as proposed by Gov. Mike DeWine. The legislature will never call…

Carbon Taxes?

Well, Tim, I would agree that a national carbon tax would be a good addition to our set of climate policy tools, but let’s be realistic about what it will accomplish.  A carbon tax of $50 per ton CO2 amounts…