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…

“Power-Based” Bargaining Over Trade: What Has Been the Economic Cost?

The U.S.-China trade war represents a natural experiment in the sense that we have not seen such wide-ranging increases in tariffs since the 1930s, when Congress passed the Smoot-Hawley Tariff Act (Bown and Zhang, 2019).  Not surprisingly, applied trade economists…

“Power-Based” Bargaining Over Trade: Myopic Behavior by the United States?

Analysis of the current administration’s trade policy choices has typically interpreted them in terms of a zero-sum game, i.e., rather than generating mutual benefits in a positive-sum game, international trade is a game where economically, one country is a winner…

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…