Where is Pollution Moving? Environmental Markets and Environmental Justice – Webinar
Joseph Shapiro and Reed Walker, Energy Institute Faculty Affiliates
Tuesday, April 20, 2021
This event is open to the public and is intended for practitioners from government and industry, as well as the researcher community.
Joseph Shapiro and Reed Walker will discuss their new research examining the impact of a national, market-based environmental policy, and how the program has affected the distribution of environmental quality across communities.
Do US air pollution offset markets disproportionately relocate pollution to or from low-income or minority communities? Concerns about an equal distribution of environmental quality across communities – environmental justice – have growing policy influence. We relate prices and quantities of offset transactions to demographics of the communities surrounding polluting plants. We find little association of offset prices or offset-induced movements in pollution with the share of a community that is Black, Hispanic, or with mean household income. This analysis of twelve prominent offset markets suggests that they do not substantially increase or decrease the equity of environmental outcomes. Full Paper | Blog
For registration questions, please contact Cristina Bentley, [email protected]