This blog entry is a repost from my article with Martin Henseler that just appeared at The Ecologist. We are grateful to Marianne Brooker, who is the Content Editor at The Economist, for editorial help.

Inundación en Yarinacocha

Takeaway: We find that the effect of climate change on economic growth is up to six times stronger in the world’s poorest countries. Read more…

Read More

Together with Martin Henseler I just published an article entitled “The impact of weather on economic growth and its production factors” in the journal Climatic Change.

Read More

According to the Guardian, the US gov’t plans to reclassify radioactive waste. “Labeling some high-level waste as low level will save $40bn in cleanup costs.”

[irony on] I think that is a very interesting concept. Here is an idea to Mr Trump: Why not simply classify all nuclear waste as being a non-pollutant, then the USA can save all the clean-up costs. You could simply leave it lying around as, once it is reclassified, it then would be harmless anyway. I mean, it was most likely non-sense anyway that nuclear waste was classified as being harmful in the first place, right? [irony off]

This is yet another addition towards the recent streams of environmental deregulations from the current US government. This government, headed by Trump, seems to be convinced that it is better to save money than to save the lifes and health of its citizens. Well, somehow fair game, after all the voters fell into the illusion that Trump would actually be interested in them and do something for them, voted for him despite everything that had been made public about him.

So fortunately there is going to be an election in the US soon and the voters can show what is most important for them. If they continue to support Trump despite his tantrums, misbehaviors, focus on tweets instead of actual policy, mood-dependent policy and irresponsible international policy, then that is their fair choice and they have to live with the consequences.

When it comes to the election time, the important point they however need to consider is going to be: Am I better off since Trump took power? Do I feel safer, happier? And for those voters who not only have their own interests in mind: Has he made the world a better place?

As a professor I spend quite some time teaching students. I supervise a good number of master theses. I organize conference. I write scientific articles. I (try to) write for newspapers. I write many, many referee reports. I write recommendation letters for students. As you notice, from time to time I also write blog posts. Most of my time I spend behind a computer screen. Most of my articles see a fair amount of rejections before being accepted in journals. It is at times like these that some positive feedback really elevates the motivation. This just came in my inbox from one of my students this year:

Thank you so much for your lectures, you were such a caring, kind and good teacher to me. I wish you well for the future! 

That made me really happy. This kind of personal feedback, whether it comes from students or other researchers or just anyone out there, just puts a smile on the face. It would be great if people in general were to give treats like that more often.

There are so many claims that Germany’s Energiewende is a true failure. For example, Larry Hamlin wrote that “EU climate alarmist champion Germany has its Energiewende program exposed as a catastrophic failure with enormous costs“. Or, a post on notes that ” Germany is expected to fall short on pretty much all its national and EU emission reduction and clean energy targets for 2020. ” These opinions are strangely all over the internet. I just want them to get the facts straight. And what is better than letting the data talk.

Read More

Subconference in Environmental Economics at the 10th International Research Meeting in Business and Management (#IRMBAM2019).

We warmly invite you to submit your paper for presentation in the Subconference on Environmental Economics, organized by Ingmar Schumacher (IPAG Business School, France), Eric Strobl (University of Bern, Switzerland), and Cees Withagen (IPAG Business School, France and VU University, Amsterdam, Netherlands) at the 10th International Research Meeting in Business and Management that will take place on 8-10th July 2019 in Nice, France. We welcome both theoretical and empirical contributions on environmental economics and resource and energy economics, with emphasis on climate change economics; green growth; welfare, discounting and sustainable development; uncertainty and irreversibilities in dynamic resource use; the nexus between population, economic growth and the environment; environmental policy; as well as empirical studies that focus on economic aspects of the environment.

The keynote lectures will be held by Carolyn Fischer (Professor of Environmental Economics, Vrije University, The Netherlands), and Antony Millner (Associate Professorial Research Fellow, London School of Economics, United Kingdom).

How to submit?
Submit your papers electronically at
Only papers in English are considered.
Please choose the Topic “Subconference in Environmental Economics”

Important dates
Submission deadline : April 7, 2019
Notification of acceptance/rejection: May 4, 2019
Registration deadline: June 8, 2019
Conference event: July 8-10, 2019


For queries, please contact the organizer at or

Many researchers have recently voiced an increasing resentment towards academic journals. Opinions vary widely, and tend from “they are not necessary anymore”, over “they are clubs and you are either part of these clubs or you don’t publish”, to “I love academic journals”. Economists tend to be particularly troubled with their journals, researchers from medicine seemingly less so. Why is that and what can be done about it?

Read More

%d bloggers like this: