A Word from the Editor

Abstract

Next article FreeEditorialA Word from the EditorEditor: Catherine L. KlingEditor: Catherine L. KlingReview of Environmental Economics and Policy Ithaca, New York Search for more articles by this author PDFPDF PLUSFull Text Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinked InRedditEmailQR Code SectionsMoreAs I settle in to write my second introduction to an issue of the Review of Environmental Economics and Policy, I continue to feel the warm glow of having seen an environmental economist (and one of our own authors) win the 2018 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. Congratulations to Professor William Nordhaus! As most REEP readers will know, he shared this most prestigious honor with Paul Romer. The Nobel Committee awarded William Nordhaus the prize “for integrating climate change into long-run macroeconomic analysis.” The coincidental timing of the release of the latest Intergovernmental Panel on Climate Change report with the Nobel Prize announcement highlights the importance of Nordhaus’s work and, indeed, the important role of economics in addressing the major environmental challenges of the day.This issue of REEP provides readers with further examples of the relevance of economics in identifying and moving towards solutions to these challenges. The symposium on distributional effects, coordinated by Don Fullerton, addresses an issue that economics has inadequately recognized as an important driver of public policy and provides excellent jumping off points for readers interested in gaining a better understanding of the distributional impacts of the costs of regulations, the remaining environmental damages, and the distributional impacts of an important policy: energy taxes. Articles on the issue of border carbon adjustments (a key topic in the area of trade and the environment), the role of grandfathering in policy design, and the continuing critical challenges of water allocations and water markets in the U.S. West round out the list of full-length articles in this issue.In our Features section, I am delighted that we have a Reflections article from AERE Fellow Kathy Segerson, who has distilled for our readers her prescient remarks at the annual AERE luncheon (held at the 2018 ASSA meetings) on the role of theory in environmental economics. Other short articles in this section include a feature on fisheries management and policy briefs on the use of reverse auctions for renewables and energy storage, insights from the Deepwater Horizon accident for regulating oil and gas exploration, and the pesky persistence of (and search for alternatives to) the “VSL” terminology.I also want to take this opportunity to warmly welcome Sarah West to our editorial team as one of our two Features editors. Sarah replaces Frank Convery, who is retiring as Features editor at the end of 2018. Frank has overseen our excellent Features section since January 2016 and we are grateful to him for his creative ideas and thoughtful guidance of our Features writers. Frank has written multiple Reflections articles, proposed the idea of policy briefs and shorter feature articles, and was part of our original roster of Reflections authors. We are truly indebted to him for his outstanding contributions to REEP; he will be greatly missed. Sarah joins Marty Smith, and together this dynamic duo will be seeking and overseeing Features articles that are concise (5000 words or less) and address timely policy issues that span the breadth of environmental and resource issues around the world.I always welcome your feedback. If you have suggestions or comments about content, potential authors, or the direction of the journal, please do not hesitate to contact me. Next article DetailsFiguresReferencesCited by Review of Environmental Economics and Policy Volume 13, Number 1Winter 2019 Published for the Association of Environmental and Resource Economists and the European Association of Environmental and Resource Economists Views: 210Total views on this site Article DOIhttps://doi.org/10.1093/reep/rey025HistoryPublished online February 21, 2019 © 2019 by The Author. All rights reserved.PDF download Crossref reports no articles citing this article.