Resources Radio

• Economic and Environmental Effects of Natural Gas Exports, with Brian Prest

  In this week’s episode, host Daniel Raimi talks with Resources for the Future Fellow Brian C. Prest about the effects of US liquefied natural gas (LNG) exports. As the world’s leading exporter of LNG, the United States has been ramping up capacity to produce and transport LNG to meet global demand. Prest describes how this increasing trend affects domestic oil and gas prices and the extent to which the federal government influences the production of oil and gas. He also discusses the global and domestic effects of increasing LNG production and exports on emissions, including which kinds of energy US LNG exports are substituting or displacing in other countries, variation in methane emissions across different sites of gas production, and the social cost of these methane emissions. References and recommendations: “Where Does the Marginal Methane Molecule Come From? Implications of LNG Exports for US Natural Gas Supply and Methane Emissions” by Brian C. Prest; https://www.rff.org/publications/working-papers/where-does-the-marginal-methane-molecule-come-from-implications-of-lng-exports-for-us-natural-gas-supply-and-methane-emissions/ “The greenhouse gas footprint of liquefied natural gas (LNG) exported from the United States” by Robert W. Howarth; https://scijournals.onlinelibrary.wiley.com/doi/10.1002/ese3.1934 “Not the End of the World: How We Can Be the First Generation to Build a Sustainable Planet” by Hannah Ritchie; https://www.hachettebookgroup.com/titles/hannah-ritchie/not-the-end-of-the-world/9780316536752/

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• Reimagining Homeowners Insurance, with Carolyn Kousky

  In this week’s episode, host Margaret Walls speaks with Carolyn Kousky, associate vice president for economics and policy at Environmental Defense Fund, about the instability of markets for homeowners insurance, especially in states that are particularly vulnerable to extreme weather events. Kousky and Walls explore the key drivers of this instability, including the increasing frequency and intensity of extreme weather events, insurance costs, and consequent strain on insurers that must pay more substantial claims. Kousky discusses challenges in the accessibility and affordability of homeowners insurance, along with policy interventions that can support equitable responses to extreme weather events and improve resilience following future disasters. Kousky also introduces her new nonprofit, Insurance for Good, which aims to bridge gaps between research and practice in terms of this affordability, equity, and resilience. References and recommendations: Insurance for Good; https://www.insuranceforgood.org/ “Wildfire Insurance Availability as a Risk Signal” by Xuesong You, Carolyn Kousky, and Ajita Atreya; https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5017469 “Third Millennium Thinking: Creating Sense in a World of Nonsense” by Saul Perlmutter, John Campbell, and Robert MacCoun; https://www.hachettebookgroup.com/titles/saul-perlmutter-phd/third-millennium-thinking/9780316438308/ “Change: How to Make Big Things Happen” by Damon Centola; https://www.hachettebookgroup.com/titles/damon-centola/change/9781549152092/

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• Promoting Climate Adaptation by Discouraging Development, with Yanjun (Penny) Liao

  In this week’s episode, host Margaret Walls talks with Resources for the Future (RFF) Fellow Yanjun (Penny) Liao about the Coastal Barrier Resources Act, a bipartisan federal law that was first passed in the 1980s. The law is designed to curb development in coastal areas that are vulnerable to extreme weather events and to protect coastal environments. Liao and Walls discuss the effects of the law, including reductions in the amount of development on coastal lands, the amount of federal funding saved by the government through a reduced need for disaster response as a result, and increases in property-tax revenues for counties in designated coastal areas. References and recommendations: “Geeking Out on Geography: Mapping the Effects of the Coastal Barrier Resources Act” by Alexandra Thompson; https://www.resources.org/common-resources/geeking-out-on-geography-mapping-the-effects-of-the-coastal-barrier-resources-act/ “Removing Development Incentives in Risky Areas Promotes Climate Adaptation” by Hannah Druckenmiller, Yanjun (Penny) Liao, Sophie Pesek, Margaret Walls, and Shan Zhang; https://www.rff.org/publications/journal-articles/removing-development-incentives-in-risky-areas-promotes-climate-adaptation/ “Can Removing Development Subsidies Promote Adaptation? The Coastal Barrier Resources System as a Natural Experiment” by Hannah Druckenmiller, Yanjun (Penny) Liao, Sophie Pesek, Margaret Walls, and Shan Zhang; https://www.lincolninst.edu/publications/working-papers/can-removing-development-subsidies-promote-adaptation “Managed Retreat and Flood Recovery: The Local Economic Impacts of a Buyout and Acquisition Program” by Wei Guo, Yanjun (Penny) Liao, and Qing Miao; https://www.rff.org/publications/working-papers/flood-recovery-local-economic-impacts-of-buyout-and-acquisition-hurricane-sandy-new-york/ “Making a Market for Acts of God: The Practice of Risk Trading in the Global Reinsurance Industry” by Paula Jarzabkowski, Rebecca Bednarek, and Paul Spee; https://global.oup.com/academic/product/making-a-market-for-acts-of-god-9780199664764

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• 100 Conversations on Carbon Removal, with Holly Buck

  Producer’s Note: The following episode of the podcast was recorded prior to the 2024 presidential election. In this week’s episode, host Daniel Raimi talks with Holly Buck, an associate professor at the University of Buffalo and climate justice fellow at the Salata Institute for Climate and Sustainability at Harvard University. Buck shares insights from interviews with 100 experts, government officials, and members of the public across diverse industries and regions of the United States about strategies for removing carbon dioxide from the atmosphere. Buck also discusses the broader energy transition, the effect of the federal policies related to this transition, and the challenges that communities face in implementing lower-carbon technologies. References and recommendations: “100 Conversations on Carbon Removal, Decarbonization, and Desired Futures” by Holly Jean Buck and Travis Young; https://www.decarb.social/ “Fulfillment: Winning and Losing in One-Click America” by Alec MacGillis; https://us.macmillan.com/books/9780374159276/fulfillment

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• Paying the Price for Inattention: Electricity Costs in Retail Choice Markets, with Jenya Kahn-Lang

  In this week’s episode, host Daniel Raimi talks with Jenya Kahn-Lang, a fellow at Resources for the Future, about electricity prices in markets where private companies determine the costs for customers. Kahn-Lang explains why households in the same utility service area may pay different prices for the same amount of electricity, why customers may be unaware that they’re paying excessively high prices, and why low-income communities and communities of color often face higher prices for power. References and recommendations: “Competing for (In)attention: Price Discrimination in Residential Electricity Markets” by Jenya Kahn-Lang; https://drive.google.com/file/d/1IClpnaf3gVy3X94YWhLtSSTMWKTzi16K/view CirclesX lawsuit; https://www.texasstandard.org/stories/winter-storm-uri-2021-texas-market-manipulation-lawsuit-circlesx-electric-grid/

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