Should we put a price tag on nature? IonE resident fellow Steve Polasky, Regent’s Professor of Applied Economics, Ecology, Evolution, & Behavior, and Fesler-Lampert Chair in Ecological/Environmental Economics at the University of Minnesota, explored that Big Question at this week’s Frontiers in the Environment event. Following the talk, attendees participated in a lively Q&A session. Here are six things we learned: Continue reading
How much do trees vary in the way they suck carbon dioxide from the air and use it to make roots, trunks, branches and leaves? The answer to that question is an important one because it has a huge impact on our ability to predict how destroying or creating forests influences climate change. And the correct answer is a surprising one, according to two related studies published in the Proceedings of the National Academy of Sciences this week by University of Minnesota forest ecologist Peter Reich and colleagues in Minnesota, Arizona, Australia, China, Poland and Germany.
Conventional models used to assess the impact of forests on greenhouse gas concentrations in the atmosphere assume that the way trees use carbon to build roots, leaves and trunks is fairly constant across a range of conditions — that is, that trees everywhere devote the same fraction of new growth to each component and that components have the same durability everywhere. However, analyzing massive amounts of data gathered from around the globe, Reich and colleagues documented predictable differences in key properties of forests across north-south climate gradients. Continue reading
This summer, the University of Minnesota’s Institute on the Environment is hosting visiting scholar Tuck Fatt Siew, a postdoctoral researcher at Goethe University Frankfurt in Germany, who is exploring ways to integrate ecosystem services valuation into watershed management in China.
Visiting scholars bring fresh perspectives, “positive disruption” to the day-to-day way of seeing and doing, says Lewis Gilbert, IonE’s managing director. Visiting scholars are not paid by the University or IonE but are given desk space and the use of office equipment. Continue reading
Policy makers, land managers, and other stakeholders confront a dizzying array of environmental decisions. How do we best manage our natural resources? Where should we invest in conservation? Do we need stricter regulation of development or industry?
The Natural Capital Project, a core program of the Institute on the Environment, develops innovative tools and approaches to inform these important questions. Starting this year, the Minnesota team will add three full-time research positions — a lead scientist, an ecologist and an economist. The growing NatCap presence at IonE will enhance the program’s ability to meet increasing demand for data and tools that quantify the values of natural capital. Continue reading
This article is part of a series of profiles of IonE resident fellows highlighting the value of their collaborations across the U of M, Minnesota and the world.
Conventional wisdom has it that farmers and conservationists don’t see eye to eye. Conservationists want to see farmers plant diverse vegetation, in addition to crops like corn and soybeans, that produces ecosystem services; farmers’ main priority is earning a living. Right?
“Farmers care just as much about the environment as anyone, but there are financial realities,” says Nick Jordan, a resident fellow with the Institute on the Environment and an agroecology professor in the College of Food, Agricultural and Natural Resource Sciences. Continue reading
When you think of the economy, chances are the “green” that comes to mind is money, not nature. But what if there wwere truly a green economy – one that accounts for the value of the environment in economic decision-making?
That was the topic of last week’s Frontiers in the Environment lecture presented by Steve Polasky, an IonE resident fellow and Regents professor of applied economics. Polasky delivered his speech, “What IS the Green Economy? And How Do We Get One?” Feb. 12 at the University of Minnesota in St. Paul. While economics and the environment do not always seem to go hand in hand, it was his love for nature that pushed Polasky to pursue economics.
Do you know about the Water Framework Directive? It calls for all waters in the European Union to be managed as river basins and for those river basins to be brought up to “good status.” That’s tremendous – a really forward-looking way to think about managing water. But as you can surely imagine, it’s also quite a task to implement!
I was lucky enough to work with the RISKBASE group during 2009-2010 to help develop risk-based approaches for managers to guide river basins to good status. I’m not an expert in risk, nor an expert about European river basins, but I was really excited to get involved. This had the potential to bring biophysical science together with new management approaches to actually solve problems. Continue reading