W. Michael Hanemann, professor of environmental and resource economics

Michael Hanemann, an economist, is a Chancellor's Professor of Environmental Economics and Policy in the Department of Agricultural & Resource Economics and the Goldman School of Public Policy at UC Berkeley. His fields of interest are in economics and policy as they relate to the environment, water and climate change.

He is recognized as one of the world's leading experts on nonmarket valuation and on the economics of water. He is faculty co-director of the new Climate and Energy Policy Institute at UC Berkeley School of Law. Before that, he directed the California Climate Change Center at UC Berkeley, which analyzed policy issues relating to impacts of climate change in California. Issues covered at the center include water policy, agriculture, energy, human health, coastal resources, natural ecosystems and economic policies for reducing carbon emissions in California. He is also co-director of the 2006 Climate Change Scenarios Project for the state of California, and served on the steering committee for the 2009 Climate Change Scenarios Project.

Hanemann has a B.A. in Philosophy, Politics and Economics from Oxford University, an M.Sc. (Econ) in Economics from the London School of Economics, and a Ph.D. in Economics from Harvard University. He received an Honorary Ph.D from the Swedish University of Agricultural Sciences in Uppsala for his work in environmental economics, and the Lifetime Award for Outstanding Achievement from the European Association of Environmental & Resource Economists. He is an Inaugural Fellow of the (American) Association of Environmental & Resource Economists.