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Not building Keystone XL will likely leave a billion barrels of bitumen in the ground

Maximilian Auffhammer, professor, international sustainable development | March 25, 2014

I am not a fan of blanket statements. Whenever oil sands come up in casual conversation, many of my economist friends argue that “the stuff will come out of the ground whether we like it or not”. When the discussion turns to Keystone XL, the general attitude is that “it simply doesn’t matter. The Canadians … Continue reading »

On life economics and the environment in China

David Zilberman, professor, agriculture and resource economics |

Earlier this month, I had the pleasure of participating in the second Chinese Environmental Economics workshop in Shanghai. Professor Jinhua Zhao of Michigan State and Shanghai University, one of the best PhD students I have ever advised, organized the workshop in Shanghai. The conference facilities were modern and impressive and most of our Berkeley facilities … Continue reading »