Thursday, August 28, 2008

Uncertainty

Here's a link from EPA that covers some knowns and unknowns regarding global climate change.

http://yosemite.epa.gov/OAR/globalwarming.nsf/content/ClimateUncertainties.html

More interesting links (with data and forecasts) are on the site, so click around.

What parts of this information are known and what is unknown?

Given the many levels of uncertainty, what should we do?

Monday, August 25, 2008

Salmon vs. Gold

Interesting issue from Alaska:

http://www.msnbc.msn.com/id/26182845/

We have a renewable resource vs. a non-renewable resource, externalities, public goods, non-use values, quality standards ... what other econ issues do you see?

This would be great material for an essay question... some day.

Monday, August 18, 2008

Welcome to Natural Resource Economics

Welcome all.

This purpose of this blog is to allow for out-of-class discussion for students of natural resource economics at UNC Wilmington and UWI Cave Hill.

I'll post questions for discussion and tips to relevant news and on-line material throughout the semester. My goal is for us all to learn from each other.

Best,
-PS