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Presidential Correspondence arrow2

Nyborg Prof. Karine Nyborg, EAERE President
Dear EAERE members,
It is a true pleasure and honor to be able to greet you all in this first Presidential correspondence of mine. EAERE is a great association in many respects. First, we are growing steadily in numbers. At the end of 2011, EAERE had 1,223 members from 80 countries all over the world, in addition to 21 institutional members. From being a club for the few specially interested, we are now the main network for environmental and resource economists in Europe, possibly worldwide.


From the Editor arrow2

KoundouriBy Phoebe Koundouri, Newsletter Editor
Dear EAERE members,
This is my first EAERE Newsletter as the Editor, and I am excited to introduce it to you! Thanks to your contributions and lively interaction with us, the EAERE board members, we have put together a rich NL, including traditional sections on EAERE Highlights, European and Regional Policy News and Commentaries, Letters from three different Regions of the world, Job Market and other Announcements, as well as a new section on Research Highlights. Below I refer to some of the contents of the NL, while trying to avoid repeating reference to sections that are mentioned in Karine Nyborg’s Presidential correspondence.


EAERE Award for Outstanding Publication in the Journal Environmental and Resource Economics arrow2

The EAERE Award for Outstanding Publication in the Journal Environmental and Resource Economics (ERE), recognizes exemplary research published in ERE during the past year. The Award is given annually and announced at the EAERE Annual Conference.
Thanks to the kind support of the Journal publisher, Springer, in 2012 the winner(s) will be awarded with Springer books vouchers to the value of EUR 550 and a cash amount of EUR 750. In cases whether the winning paper is the work of multiple authors this prize will be divided equally between co-authors.
The award will be announced during the EAERE 19th Annual Conference Closing Ceremony, June 30, 2012 at 11.00.


EAERE/2012, organizational stepsarrow2

EAERE/2012Milan Scasny, Chair of EAERE-2012 Local Organising Committee, Co-Chair EAERE-2012 Programe Committee
We hope to see you in Prague this summer, and that you enjoy our 19th annual conference organised there too. This year the EAERE conference will be held from June 27th to June 30th, starting as usual on Wednesday evening and ending on Saturday afternoon. The EAERE-2012 is organised by Charles University Prague, Environment Center in collaboration with the EAERE Association and the University of Economics Prague which is offering its premises for the Conference venue. We are very proud to announce that the EAERE-2012 Conference will be held under the patronage of Mr. Janez Potocnik, European Commissioner for the Environment, Mr. Petr Necas, Prime Minister of the Czech Republic and Mr. Bohuslav Svoboda, the Mayor of Prague, and patronage has also been granted by the Ministry of the Environment. All the information you might need can be found at the Conference website: We have done our best to prepare a balanced and well structured scientific program but haven’t forgotten about the social aspect of the Conference. Whether we succeed you will judge for yourselves very soon!

EAERE/2012 Scholarships

We are proud to announce that for the first time EAERE makes available a number of grants for participants to EAERE/2012.
Grants have been already assigned to six selected participants presenting a paper coming from low income, lower-middle-income and upper-middle income economies in accordance to the definition provided by the World Bank.
Four Grants are offered by EAERE, two by Springer. We would like to express our gratitude to Springer for the kind cooperation.


Best Poster Award at EAERE Annual Conference arrow2

The EAERE Council has decided to award a prize to the best poster presentation at the annual conference. Among economists, the poster presentation has not yet gained the recognition that it enjoys in the ‘hard’ sciences. This is despite the fact that poster presentations have their unique advantages over traditional presentations, e.g. the immediate contact with a small audience and the possibility for immediate mutual feedback between presenter and audience. The EAERE Council believes that excellent poster sessions have much to contribute to the quality of the annual conferences.

The award will be announced in Prague, during the EAERE 19th Annual Conference Closing Ceremony, June 30, 2012 at 11.00. Winner(s) will be awarded with a voucher of the value of €1,000 made available by Springer. In cases whether the winning poster is the work of multiple authors, this prize will be equally divided between co-authors.


EAERE Outstanding Achievement Awards: Innovation on operative rules and 2012 Awards

The EAERE Council has recently introduced two innovations on the operative rules governing our Association’s Outstanding Achievement Awards.
1. From 2012 onwards, the Awards may be given biennially in even years, alternating with the Erik Kempe Award that is given in odd years.
2. The call for nominations is permanently open throughout the whole year: nominations are collected any time by sending a note to or by filling in the nomination forms available at, Members are invited to participate in this year’s Awards Ceremony taking place on June 30th, 2012 at 11.00, within our annual conference in Prague. We encourage you to send nominations for the next years.


Convocation for the Prague General Assembly of Members

EAERE Members are invited to join the 2012 Annual General Assembly of members convened as follows:
  • First convocation: June 25th 2012, from 9.00 to 10.30, EAERE Headquarters Isola di San Giorgio Maggiore Venice, Italy
  • Second convocation: June 30th 2012, from 12.30 to 14.30, University Economics Prague, Czech Republic
1. Presentation of Council 2012-2013
2. Approval of the minutes of the General Assembly of Members held on July 2nd, 2011 in Rome
3. Individual and institutional membership profiles and ratification of members’ lists
4. Awards
5. Calendar of future EAERE events
6. Speeches by Country Representatives
7. Final Accounts 2011: Board of Auditors’ report and accounts approval
8. Board of Auditors: resignation of Board members and appointment of new Board members for years 2012 and 2013. Creation of Internal Advisory Board of Auditors and members appointment
9. Preliminary budgets for 2012 and 2013 (including membership fees)
10. Report on ERE, by Ian Bateman
11. Any other business


EAERE 2011 - CO2 GARDEN arrow2

Laura Castellucci and Alessio D'Amato, EAERE 2011 Local Organizing Committee
During the organization of the EAERE 2011 Conference, several CO2 offsetting strategies were considered. In the end, the planting of a grove in the Tor Vergata Campus area seemed to be the best idea, although a challenging one since it was never previously implemented. It was February 23rd 2012 when the opening of the EAERE 2011 CO2 Garden took place and 47 units were planted in the premises of the University of Rome Tor Vergata's Botanical Garden. The participation to the ceremony was high, featuring vice-Rector of the University, Faculty Dean’s representative, members of the teaching staff, PhD students, administrative personnel etc., several of whom did not know about the absorption capacity of plants and were enthusiast of learning and spreading information about the initiative.


5th World Congress of Environmental and Resource Economists

The deadline for expressions of interest for hosting the 5th World Congress of Environmental and Resource Economists, to be held in 2014, was mid March.
The Selection Committee received a surprisingly high number of candidatures: 16! The following cities are participating in the bid: Bilbao, Budapest, Cannes, Copenhagen, Edinburgh, Flagstaff, Honolulu, Istanbul (2 candidatures), Lisbon, Naples, Paris, Rimini, Singapore, Sydney and Taipei.
The Selection Committee is currently evaluating the candidatures. A final decision is expected to be taken by June 2012. We would like to thank all the candidates for their proposals and the Selection Committee for their work.


EAERE Country Representatives arrow2

The action of country representatives is meant to strengthen the Association’s presence in individual countries and therefore to help the EAERE to further its aims. According to the rules recently approved by the EAERE Council, the appointment for this role lasts two years, in conjunction with the Presidential mandate, after which it is automatically renewed unless (i) the parts decide otherwise or (ii) other candidates have been nominated by members. In the latter case, the Council will evaluate the nominations received and appoint a new Country Representative or renew the previous appointment.

As the result of these indications, and with the beginning of Karine Nyborg's Presidential mandate, the panel of country representatives was recently renewed. We gladly announce the full list of Country Representatives for 2012-2014:


EAERE ECHA New Delegate

ECHAEAERE is listed among ECHA’s (European Chemical Agency) stakeholders organizations.
The Agency, located in Helsinki, is the driving force among regulatory authorities in implementing the EU’s groundbreaking chemicals legislation for the benefit of human health and the environment as well as for innovation and competitiveness (more information at

In its capacity as ECHA Stakeholder, EAERE can nominate delegates who represent it and who will be invited to join some of ECHA’s activities, and in particular in the ECHA Socio Economic Analysis Committee. The new ECHA EAERE delegate is Prof. Katarina Gardfeldt The Association would like to thank Prof. Gardfeldt for her support as EAERE ECHA delegate.


Journal Ranking Survey – Results Summary for EAEREarrow2

Dan Rigby, University of Manchester
Michael Burton, University of Western Australia
Jayson Lusk, Oklahoma State University

This document reports the results from the journal ranking survey we conducted with researchers in Environmental, Resource and Agricultural (ERA) Economics between July and September 2011.

This report describes the sample and reports on their journal preferences, with a particular focus on the Society’s journal and the preferences of the Society’s members.

More detailed analysis of the data is ongoing but the results below provide valuable insights into how the Society’s journal are viewed within the broader set of journals in Agricultural and Environmental Economics.

The report comprises:
1. A brief summary of the research approach and survey format
2. Sample descriptives
3. Journal choice motives
4. The sample’s publishing history with, and knowledge, of journals

Choice Model results
Criteria = “Career Progression
5. Conditional Logit Results
Criteria = “Impact beyond academia
6. Conditional Logit Results
7. Comparison career progression vs. impact scores
8. Career Progression results for Society members (estimated separately) vs. rest of the sample

There is a brief commentary to accompany all of the above.

Research Highlights

Markets or philosophers: who is right? The question of the long discount ratearrow2

Christian Gollier, Toulouse School of Economics
In their recent book, Eric Posner and David Weisbach argue that issues related to distributional justice should not prevent us to push forward effective policies to fight climate change. Climate change agreements that are aimed to solve all the world’s ills and in particular to redistribute wealth across nations are doomed to fail. One particularly important issue is the problem of intergenerational justice to which is associated the issue of the level of the discount rate. In their chapter 7, Posner and Weisbach present the two classical schools of thought for the determination of the discount rate. The “ethicist position” attempts to reason from basic principles about what the discount rate should be. One of these principles is a preference for the reduction of inequalities. On the contrary, the “positivist position” uses the standard arbitrage argument to claim that the discount rate should equal the interest rate observed on markets. There is no doubt that Posner and Weisbach are inclined to support the positivist approach: “The positivists are correct that choosing any project that has a lower rate of return than the market rate of return throws away resources” (p. 159). I would like to challenge this position.


Symposium on Sustainability and the measurement of wealth arrow2

Anastasios Xepapadeas, Athens University of Economics and Business, Department of International and European Economic Studies
A recent Symposium hosted by Environment and Development Economics (Volume 17 (3), June 2012) takes a fresh look at the weighty issue of sustainability and the measurement of wealth. Without a comprehensive measure that can assess how a country’s utilization of its resources affects its citizens’ wellbeing over time, it is more difficult to promote policies, which lead to optimal usage of resources in the present time. This issue has been of concern to economists for a long time and remains every bit as relevant today.
The issue of intergenerational fairness is nowhere more compelling than in the utilization of natural resources, many of which – once misused – are difficult or impossible to replenish. Hence it is especially appropriate that this discussion took place in the pages of Environment and Development Economics.

Letter from Regions

Preparing Israel for Climate Change arrow2

Mordechai Shechter, Department of Economics and Department of Natural Resource & Environmental Management, University of Haifa, Head of the Israeli Climate Change Information Center (ICCIC)
In accordance with a decision of the Israeli Government from June 2009, in March 2011, the Ministry of Environmental Protection (MoEP) established a knowledge hub, the Israeli Climate Change Information Center (ICCIC). The mission of ICCIC is to assemble the existing knowledge and scientific research regarding adaptation to climate change, identify research gaps and define the risks and consequences of climate change in various sectors. Another task of ICCIC is to suggest a national policy for each of the sectors. Furthermore, the ICCIC challenge is to integrate Israel's knowledge and technologies as a basis for implementation and marketing purposes both locally and abroad. The objective, during the initial stages of operation, is to gather and coordinate the scientific knowledge available on climate change issues in Israel in the areas of regional climatic forecasting, water management, urban planning and green building, public health, biodiversity and ecological services, geopolitical ramifications, and economic implications.


The Bank of Greece Climate Change Report arrow2

Andreas Papandreou (Member of the Climate Change Impacts Study Committee at the Bank of Greece) Department of Economics University of Athens
Last summer the Bank of Greece published a 600 page report on the *Environmental, economic and social impacts of climate change to Greece*. The report will soon be available in English at a dedicated site of the Climate Change Impacts Study Committee
The initiative for the report and the establishment of an ongoing research committee at the Bank of Greece was that of the Governor of the Bank of Greece George Provopoulos along with Professor of economics Constantine Drakatos and Professor of climatology Christos Zerefos.


Environmental Economics Research in Southeast Asia: Themes, Analytical Tools, and Priority Topics for cross-country projects arrow2

Herminia A. Francisco, Ph.D., EEPSEA Director E-mail:, Personal Webpage,

Responding to the needs posed by the Rio 1992 Earth Summit, and the needs and willingness in the region to deal with environmental problems and issues, the International Development Research Centre (IDRC) in partnership with the Swedish International Development Cooperation Agency (Sida) and the Canadian International Development Agency (CIDA) developed an environmental economics research program for Southeast Asia (EEPSEA) in 1993. Since then, EEPSEA has been developing the capacity of researchers in using economic tools for research that will assist the various governments in the region to address their sustainable development concerns.

The Program uses three kinds of research grants: competitive grants, small research grants intended for low-capacity countries and researchers, and cross-country research grants, focused either on a regional environmental concern or a methodological issue. Since 1993, it has supported 267 competitive research grants, 36 small research grants, and 42 grants under the 10 cross-country research projects.

Policy Commentary

The Multiple Benefits of Energy Efficiency – savings or returns? arrow2

Lisa Ryan and Nina Campbell, International Energy Agency
ieaImproving energy efficiency can deliver a range of benefits to the economy and society. However, energy efficiency programmes are often evaluated only on the basis of the reduction in energy demand they deliver. As a result, the full value of energy efficiency improvements in both national and global economies may be significantly underestimated. This also means that energy efficiency policy may not be optimised to target the potential of the full range of outcomes possible. Moreover, when the merit of energy efficiency programmes is judged solely on reduction in energy demand, programmes are susceptible to criticisms related to the rebound effect if the energy savings are less than expected. Such perceived failures should, in some cases, be viewed as achievements in terms of welfare or productivity gains.


Policy Resources in EAERE website

PolicyA newsection of EAERE's website dedicated to Policy was recently created with the aim of promoting the policy impact of environmental economics
The page lists a series of useful institutional resources, web resources, web tools, books and readings of interest and David Pearce Lectures. Contributions are welcome, please send them to


Towards an EU policy on carbon emissions from land use and forestry arrow2

Gerardus Klaassen, European Commission, EAERE Policy Advisor
The term LULUCF stands for Land Use, Land Use change and Forestry. It covers forestry and agricultural greenhouse gas emissions and removals related to soils, trees, plants, biomass and timber resulting from human activities. This can be activities such as draining of peat land, felling of forests or ploughing up grassland for growing crops. The development of the (net) carbon emissions from these sources have either not or only partially been recognized in greenhouse gas monitoring, reporting and verification.

EU Public Consultationarrow2

Phoebe Koundouri, EAERE Council Member and Newsletter Editor
Dear EAERE members,
The EC opened a public consultation on "the EU environment policy priorities for 2020: Towards a 7th EU Environment Action Programme (7EAP)", with deadline June 1st, 2012. Further information at: or in the document available here. I believe that it is important for Environmental and Resource Economists to participate in this consultation hence I am writing this e-mail to invite relevant contributions from EAERE members. Needless to say, you can of course forward your personal views directly to the Commission, although it is my personal belief that it will be more helpful for the Commission if we compile our views in one document. Below I forward you some of my own views on this consultation, in order to stimulate your interest and reaction.

Orientation Papers on Energy and Environment 2013

The EC has now published the Orientation Paper for Energy and the Orientation Paper for Environment 2013 of the 7th Framework Programme.
The Orientation Papers outlines the main contents of the Work Programme of the new Calls FP7-ENERGY-2013 and FP7-ENV-2013.
The publication of the Calls is due mid-July. The Call deadline has not been announced yet.

Research Funding: European Commission, 7th Framework Programme

Check the FP7 open calls at

Call for Expressions of Interest DG Climate/environment

The European Commission, Directorates-General for Environment and Climate has published the new Call for Expressions of Interest (C.E.I. 2012-2015).

insitutional events

EAERE 2012
27-30 June, 2012
EAERE 19th Annual Conference, Prague, Czech Republic

Summer School

1-7 July, 2012
EAERE-FEEM-VIU European Summer School, "Management of International Water", Venice, Italy

2-8 September, 2012
Belpasso International Summer School on Environmental and Resource Economics, "Sustainable Development: from theory to practice", Belpasso, Italy

17-19 October 2012
Second International Conference, Environment and Natural Resources Management in Developing and Transition Economies, Clermont Ferrand, France, Call For Papers - Deadline: June 30th, 2012
This event is supported by EAERE.

EAERE 2012
27-29 June, 2013
EAERE 20th Annual Conference, Toulouse, France

Job Mkt

job market
Don’t miss the opportunity of finding the matching you’re looking for!
The European Job Market for Environmental and Resource Economists aims to offer the two sides of the market - institutions with open positions and candidates looking for a job - both a virtual and a physical place to meet and look for the best match. Candidates, universities, public and private institutions, and corporations are invited to apply to participate in the Job Market.

EAERE Job Market is a great opportunity for both candidates and institutions, arrange an interview at the EAERE Annual conference!
Visit the Candidates and the Open Positions pages.


Events, Books, Journals, Educational Programmes, Web Resources

Information on events, booksjournalseducational programmes, web resources, policy resources, is available on the Association's website.

EAERE members are encouraged to post announcements of interest for the field at no charge.
It is sufficient to send an e-mail to containing the information to be posted.
It is a great opportunity to let your news be known by a wide audience!

EAERE Supporters and Institutional Members

EAERE Supporters

Phoebe Koundouri is EAERE supporter throughout year 2012. EAERE supporters are those who get 2 or more new members to join EAERE.
EAERE is most grateful for her support.

EAERE Institutional Members 2012

Public and private institutions are invited to support the Association to further its aims by joining EAERE as institutional members.
Incomes from institutional membership fees are used exclusively and completely to further the aims of the Association. The Association reserves to institutional members a rich portfolio of benefits and different membership options and prices. Spread the word and invite other institutions to join us!


  • Basque Centre for Climate Change - BC3
  • Center for International Climate Environmental Research - CICERO
  • Cyprus Universtiy of Technology - CUT-EMA
  • Frisch Centre
  • Fondazione Eni Enrico Mattei - FEEM
  • Stockholm Resilience Centre- SRC
  • TEN Center - Thematic Environemtnal Networks Venice International University
  • The Beijer Institute of Ecological Economics
  • Tilburg University Sustainability Center - TSC
  • Toulouse Sciences Economiques (INRA, Université Toulouse 1) - LERNA


  • Centre d'Economie de la Sorbonne - CES
  • Centre d'Etudes et de Recherchers sur le Developpment International - CERDI
  • Centre for Environmental and Resource Economics, Department of Economics - CERE - Umea University
  • Centre for Research on Energy and Environmental Economis and Policy - IEFE - University Bocconi
  • Centre interuniversitaire de recherche en économie quantitative - CIREQ
  • Department of Agri-food and Environmental Systems Management - DiGeSA, University of Catania (UNICT)
  • Research Group in Energy Innovation and Environment - REDE - University of Vigo
  • School of Agricultural & Resource Economics, University of Western Australia
  • The Grantham Research Institute on Climate Change and the Environment
  • UMR AMURE (Brest University-ifremer)
  • University of Gothenburg, Department of Economics, Environmental Economics Unit
  • University of Southern Denmark - SDU
  • VU University Amsterdam, Institute for Environmental Studies (IVM)
  • Wageningen University
EAERE is most grateful for their support.