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Environment or Economy: A Story of Opportunity Cost

Environment or Economy: A Story of Opportunity Cost

The Maine State Legislature recently proposed a bill regarding fossil fuels and environmental policy. The bill would prohibit gas companies from charging consumers in order to finance expansion of gas service mains and gas service lines, effectively serving as a ban on natural gas expansion. The bill would not affect existing service lines. Proponents of …

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Journal Round Up for Q1 2024

Journal Round Up for Q1 2024

Climate Change Adaptation in Local Municipalities The sharp rise in extreme weather events such as floods and heat waves have increased the need for governing bodies to adapt. The general consensus indicates that municipal governments are best positioned to do this given their unique and proximate knowledge of local infrastructure needs. Accordingly, this study comprises …

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Fourth Quarter Journal Round Up!

Fourth Quarter Journal Round Up!

The selected article summaries for this quarter focused on carbon taxation and the natural capital of forests and their impacts. As always, the articles are selected from peer reviewed academic journals.   —- Castellanos, K. A., & Heutel, G. (2019, May 6). Unemployment, labor mobility, and climate policy. Journal of the Association of Environmental and Resource Economists …

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Are there enough minerals in the world for a total transition to an alternative energy system?

Are there enough minerals in the world for a total transition to an alternative energy system?

There’s an ongoing debate concerning the availability of minerals needed for a full transition to alternative energy sources. This conversation involves factors such as the Earth’s resource capacity, energy return on investment (EROI) for various energy technologies, technological advancements, and the practicality of shifting away from fossil fuels. Many discussions have raised concerns about the …

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Rachel’s Journal Round Up Q3 2023

Rachel’s Journal Round Up Q3 2023

The selected article summaries for this quarter focused on local economic development. A range of issues were covered, such as the aftermath of Covid-19, migration, the Great Resignation, commuting distances, and more. All of the articles are in peer reviewed academic journals.  Rohlin, S. (2023). Challenges to Identifying Economic Development Impacts – Sage Journals. https://journals.sagepub.com/doi/pdf/10.1177/08912424221140867?download=true  …

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Lithium Mining: The Economics of the Future

Lithium Mining: The Economics of the Future

The recent discovery of a “world-class” lithium deposit in Newry, Maine, has sparked off a contentious debate over the environmental and economic future of the State. In response to this revelation, a recent bill was proposed to change Maine regulations to allow for unlimited mining for metals of any size, with up to 100 acres …

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Rachel’s Journal Roundup Q1 2023

Rachel’s Journal Roundup Q1 2023

Climate Change and the Farm Business — This article analyzes the effects of climate change on food production and farm income. Climate change is expected to exacerbate economic, environmental, and biotic (pests/diseases) uncertainties currently present in agriculture. More specifically, the primary focus of the article is the effect of climate variability, subsidies, and farming practices …

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PFAS Chemicals: Why Prevention is the Best Medicine

PFAS Chemicals: Why Prevention is the Best Medicine

What are PFAS chemicals? Although the name is obscure, their effect is widespread and overreaching. PFAS are a group of approximately 9000 hazardous chemicals used in both industrial processes and consumer goods. PFAS chemicals were created in the 1930s and subsequently used in America’s commercial and industrial sectors, even contributing to the success of the …

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