We evaluate how land use change and the value ecosystem services affect the decision to invest in public land acquisitions. Our application is for the state of Minnesota, and we consider the acquisitions by Department of Natural Resources over the last two decades. We calculate a return on...

In this paper, we postulate that uncertainties associated with nonpoint source pollution and with certain features of pollutant trading may tend to outweigh the potential benefits of pollutant trading from the standpoint of regulatory agencies and point source dischargers. After identifying...

We develop scenarios for reducing carbon dioxide emissions from the electricity sector in the upper Midwest (Wisconsin, Illinois, Minnesota, Iowa, North Dakota, South Dakota, Montana, Wyoming, and Manitoba) by 80% relative to 1990 levels. The report has three major components: 1) an inventory of...