This paper examines the history of St. Louis, Missouri in coping with flood risk over the past 15 years, with a focus on flood insurance. Six challenges to the continued management of riverine flood risk are identified and discussed. They are (1) many property owners don’t buy flood insurance,...

With global warming, Canadians are becoming increasingly aware of the importance of effective environmental policies. In his paper Anthony Scott, a pioneer in the areas of resource and environmental economics in this country, provides a comprehensive discussion of the role economists can and...

Over the last decade economists were more and more concentrated on studying the impact of the greenhouse effect on economy. At the same time, they tried to find solutions to stop the CO2 emissions into the atmosphere and, implicitly, to make changes in the structure of energy production and...

The possible relationship between warm katabatic winds and human health and behaviour is analyzed; notwithstanding popular belief which is very positive about it, the connection has not been previously analyzed with the proper methods. We use a statistical model to address this question and our...

How well do countries cope with the aftermath of natural disasters? In particular, how well do international financial flows buffer economic losses from disasters? This paper focuses on hurricanes (one of the most common and destructive types of disasters), and examines the impact of hurricane...

The climate change issue imposes us not only to change the way we produce and convert energy but also to modify current energy consumption patterns. A substantial body of literature has shown that our behaviour is often guided by habits. The existence of habits - not fully conscious forms of...

The preparation, implementation, coordination and verification of policy measures is a complex and difficult process. This paper presents the first results of an empirical ex-ante analysis which evaluates the effects of renewable energy policies on the bioenergy sector applying an Applied...

Site Specific Technologies (SST) can reduce environmental pollution caused by common agricultural practice. Using a case study for corn yields, we investigate the impact of climate change (CC) on profitability of SSTs. We find CC to increase spatial variability of soils with respect to optimal...

We assessed three important criteria of forecastability—simplicity, certainty, and variability. Climate is complex due to many causal variables and their variable interactions. There is uncertainty about causes, effects, and data. Using evidence-based (scientific) forecasting principles, we...