Environmental and Natural Resource Economics
For over 30 years, we have been conducting economic analyses to support the development and evaluation of environmental and natural resource management policies.
Focus Areas
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Economic Modeling of Environmental Policies
Analyzing the actual impacts of existing programs and policies and estimating expected outcomes of policy alternatives -
Valuation of Nonmarket Goods
Assessing the monetary benefits of policies designed to improve environmental quality and enhance ecological services -
Sustainable Management of Natural Resources
Developing analytical tools to support reasoned policies for managing forests and other natural resources -
Climate Change Policy
Conducting cross-disciplinary research to improve understanding of the policy options and to reduce potential threats from climate change
Capabilities
We combine in-depth understanding of environmental and natural resource management policies with a broad range of analytical capabilities. These capabilities include the development and application of a large variety of economic modeling techniques, designed to assess the benefits and costs of policy options. They also include the design of cost-effective policy instruments. Our goal is to apply science-based analytical methods in which economics is the integrating discipline, complemented by such other disciplines as environmental engineering, environmental chemistry and toxicology, and risk assessment.
Experience
Our environmental economics work helps to overcome challenges facing the U.S. and other countries. Our economists support RTI's wide-ranging work in domestic air, water, and land resources issues, and they contribute to our work in international environmental resource management. The breadth of our experience in economic analyses of environmental and natural resource management policies is demonstrated in our projects, publications, and presentations.
Triangle Resource and Environmental Economics (TREE) Seminar Series
RTI cohosts and coordinates the Triangle Resource and Environmental Economics (TREE) Seminar Series with North Carolina State University (NCSU) and Duke University. Each year, invited experts in environmental economics present papers at NCSU and at RTI during the fall and spring academic semesters. Information about the seminar series, both past and present, is available at http://www.ncsu.edu/cenrep/workshops/TREE/index.php.
Feature
Conserving Resources in Abu DhabiIn 2011, RTI completed a three-year evaluation of Abu Dhabi’s increasing demand for water and electricity. Our experts w... Read more
Experts
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F. Reed Johnson Distinguished Fellow and Principal Economist |
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Michael P. Gallaher Director, Technology, Energy, and the Environment |
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George L. Van Houtven Associate Director, Environmental, Technology, and Energy Economics |
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Carol Mansfield Senior Economist |
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Brooks Depro Program Manager and Senior Economist |