Resources Radio

Resources for the Future

Resources Radio is a weekly podcast by Resources for the Future. Each week we talk to leading experts about climate change, electricity, ecosystems, and more, making the latest research accessible to everyone.

  1. How Do Oil Wells Become Orphans?, with Sarah Armitage

    2 DAYS AGO

    How Do Oil Wells Become Orphans?, with Sarah Armitage

    In this episode, Sarah Armitage, an assistant professor at Boston University, sits with host Daniel Raimi to share findings from a working paper she wrote with coauthors about the transfer sales of oil and gas wells and why this practice of oil and gas companies selling wells to each other can lead to negative consequences of “unplugged,” or “orphaned,” or abandoned wells. Armitage explains why unmaintained oil and gas infrastructure, such as orphaned wells, can lead to negative environmental consequences if not “plugged” or sealed after use; these abandoned wells often contain pollutants that can leak into the environment. She also lays out key factors behind project financing that can mitigate a mismatch in business incentives and environmental safety. Given that oil and gas wells, new and old, are spread across the United States, Armitage points to the continued challenges of navigating the state regulations and potential financial solutions that can make proper maintenance easier for old oil and gas wells. Policies that ensure some level of financial assurance, Armitage and coauthors find, can help fill a gap in incentives and put a plug on pollution before it starts. References and recommendations: “Cutting Costs or Cutting Corners: Asset Reallocation in Oil and Gas Production” by Sarah C. Armitage, Judson Boomhower, and Catherine Hausman; https://www.nber.org/papers/w34961 “Junkyard Planet: Travels in the Billion-Dollar Trash Trade” by Adam Minter; https://www.bloomsbury.com/us/junkyard-planet-9781608197934/ “The World for Sale: Money, Power, and the Traders Who Barter the Earth’s Resources” by Jack Farchy and Javier Blas; https://global.oup.com/academic/product/the-world-for-sale-9780197651537 Subscribe to stay up to date on podcast episodes, news, and research from Resources for the Future: https://www.rff.org/subscribe/

    31 min
  2. Maximizing Minerals at Home, with Beia Spiller

    14 APR

    Maximizing Minerals at Home, with Beia Spiller

    In this episode, host Kristin Hayes is joined by Beia Spiller, a fellow and director of the transportation program at Resources for the Future (RFF), to explore new RFF research findings on critical minerals. (Note that this podcast episode is a sneak preview of a forthcoming report! We will add a link to the report in the show notes once the research has been released on the RFF website. Stay tuned.) To understand contemporary market dynamics for critical minerals, Spiller says that one must understand the history of mineral extraction in the United States. With high operational costs, explained in part by environmental regulations and workforce limitations, and with overseas firms bypassing many of these expenses, the US supply of critical minerals lies at the intersection of national security and global market tensions. While critical mineral policies in recent history have taken varied approaches—bilateral, multilateral, plurilateral, and more—evaluating the efficacy and implications of these policies is key to understanding which mechanisms actually advance US goals. Spiller argues that effectively addressing this “critical” issue requires a clear prioritization of policy objectives and concerns. References and recommendations: Stay tuned for the forthcoming report on critical minerals! The Critical Minerals Research Lab is now open for applications through May 31: https://www.rff.org/news/press-releases/critical-minerals-research-lab-now-accepting-applications/ Critical Minerals Research Lab; https://www.rff.org/topics/transportation/critical-minerals/critical-minerals-research-lab/ “Burn Book” by Kara Swisher; https://www.simonandschuster.com/books/Burn-Book/Kara-Swisher/9781982163907 “Future of Travel: Is It Boom or Bust Time for EVs?” featuring Beia Spiller as a guest on the “Pivot” podcast hosted by Kara Switcher and Scott Galloway; https://podcasts.apple.com/us/podcast/future-of-travel-is-it-boom-or-bust-time-for-evs/id1073226719?i=1000660297338 Subscribe to stay up to date on podcast episodes, news, and research from Resources for the Future: https://www.rff.org/subscribe/

    37 min
  3. Which Countries Lead on Energy Innovation, with David Hart

    6 APR

    Which Countries Lead on Energy Innovation, with David Hart

    For this week’s episode, host Daniel Raimi is joined by David M. Hart, a senior fellow at the Council on Foreign Relations (CFR) and professor emeritus at George Mason University, to discuss the making and findings of CFR’s Global Energy Innovation Index. According to Hart, energy innovation—and policy that supports it—is crucial to addressing climate change. Through comprehensive data synthesis, Hart and his team created an index for 39 countries that evaluates a nation’s capacity to support energy innovation across three categories: the policy environment for investment, the market friendliness for new technologies, and the production of knowledge via research and patents. Results show that while Scandinavian countries take the lead overall in the index, the United States scores strongly in the policy and market measures and leaves room for improvement in terms of research and patents. The index provides a global lens on energy innovation efforts, Hart notes, as one country’s strides in technology can help spur innovation internationally. References and recommendations: “Global Energy Innovation Index” by David M. Hart, Colin Cunliff, Mia Beams, and Akkshath Subrahmanian; https://www.cfr.org/reports/global-energy-innovation-index Biathlon event in the Olympics; https://www.olympics.com/en/milano-cortina-2026/sports/biathlon “Semiosis” by Sue Burke; https://torpublishinggroup.com/semiosis/ “A New (and Controversial) Approach to Climate Policy, with Varun Sivaram” from Resources Radio; https://www.resources.org/resources-radio/resources-radio-a-new-and-controversial-approach-to-climate-policy-with-varun-sivaram/ Subscribe to stay up to date on podcast episodes, news, and research from Resources for the Future: https://www.rff.org/subscribe/

    33 min
  4. Climate-Related Risks in the Financial Sector, with Kevin Stiroh

    30 MAR

    Climate-Related Risks in the Financial Sector, with Kevin Stiroh

    In this episode, host Margaret Walls talks with Kevin Stiroh, a senior fellow at Resources for the Future and a former senior advisor at the Federal Reserve. Pulling from his extensive career in the financial sector, Stiroh expounds on how financial institutions evaluate climate-related risks and the analysis necessary to address risks across loans, insurance, and investment portfolios. Stiroh emphasizes that sound banking practices require active collaboration between research and policy to navigate financial risks. As calculations of the macroeconomic impacts of climate change evolve, past research may be less relevant and accurate than newer studies on climate change as sources of information about climate-related financial risk and shocks. Effective risk management is in a bank’s best interest, Stiroh notes, and requires rigorous, credible economic research that informs durable policy solutions. References and recommendations: “The Evolving View of Climate-Related Financial Risks in the US Financial Sector” by Kevin Stiroh; https://www.resources.org/common-resources/the-evolving-view-of-climate-related-financial-risks-in-the-us-financial-sector/ “The Effects of Climate Change–Related Risks on Banks: A Literature Review” by Olivier de Bandt, Laura-Chloé Kuntz, Nora Pankratz, Fulvio Pegoraro, Haakon Solheim, Gregory Sutton, Azusa Takeyama, and Fan Dora Xia; https://onlinelibrary.wiley.com/doi/10.1111/joes.12665 Work from the Network of Central Banks and Supervisors for Greening the Financial System; https://www.ngfs.net/en Books and readings on Antarctic explorers Robert Falcon Scott (https://en.wikipedia.org/wiki/Robert_Falcon_Scott) and Ernest Shackleton (https://en.wikipedia.org/wiki/Ernest_Shackleton) Subscribe to stay up to date on podcast episodes, news, and research from Resources for the Future: https://www.rff.org/subscribe/

    29 min
  5. New Metrics for Measuring Energy Affordability, with Destenie Nock

    23 MAR

    New Metrics for Measuring Energy Affordability, with Destenie Nock

    In this episode, Destenie Nock, an associate professor at Carnegie Mellon University, joins host Daniel Raimi to discuss measures utilities and policymakers can take to better capture energy-accessibility and affordability metrics. Whereas energy data is often specific to energy providers, Nock argues that evaluating energy at a household level enables a more holistic understanding of energy usage and the energy transition. With electricity rates on the rise, accurate energy consumption data is central to ensuring comfortable temperatures in more homes. Progress in energy affordability, Nock notes, requires a multifaceted policy approach that integrates energy-equity and wellbeing metrics into measures of success. Energy affordability is not a standalone problem, and decisionmakers must recognize its ties with other cost-of-living issues and the need for inclusive data to effectively address energy burdens. References and recommendations: “Justice as a Measure of Energy Transition Success” by Destenie Nock; https://www.nature.com/articles/s41560-025-01870-1 “Evicted” by Matthew Desmond; https://evictedbook.com/ “Unveiling Hidden Energy Poverty, with Destenie Nock” from Resources Radio; www.resources.org/resources-radio/unveiling-hidden-energy-poverty-with-destenie-nock/ Subscribe to stay up to date on podcast episodes, news, and research from Resources for the Future: https://www.rff.org/subscribe/

    31 min
  6. Exploring Recent Changes to Federal Benefit-Cost Analysis, with Bryan Hubbell

    13 MAR

    Exploring Recent Changes to Federal Benefit-Cost Analysis, with Bryan Hubbell

    In this episode, host Kristin Hayes sits down with Resources for the Future (RFF) Senior Fellow Bryan Hubbell to look back at Hubbell’s public-service career at the US Environmental Protection Agency (EPA). As an environmental economist, Hubbell led efforts to integrate the social sciences into EPA’s environmental policy research and establish methods to calculate the benefits of clean air. Under his leadership, EPA developed the Environmental Benefits Mapping and Analysis Program, which has provided an accessible and rigorous way to evaluate the impacts of air-pollution regulations. The quantification and monetization of air-quality benefits are foundational to benefit-cost analyses, which Hubbell stresses are crucial to well-informed policy decisionmaking. Hubbell maintains that recent efforts to remove benefit calculations from federal benefit-cost analysis practices do not stack up against the years of stringent testing and research invested into creating these measures. References and recommendations: “If/Then: Ignoring the Benefits of Air Pollution Regulations Will Lead to Worse Policy Decisions” by Bryan Hubbell and Alan Krupnick; https://www.resources.org/common-resources/ifthen-ignoring-the-benefits-of-air-pollution-regulations-will-lead-to-worse-policy-decisions/ “How the US Environmental Protection Agency Got It Wrong About Monetizing Benefits of Air Pollution Regulations” by Bryan Hubbell and Alan Krupnick; https://www.rff.org/publications/reports/how-the-us-environmental-protection-agency-got-it-wrong-about-monetizing-benefits-of-air-pollution-regulations/ “Benefits and Costs of the Clean Air Act 1990–2020” from the US Environmental Protection Agency; https://www.epa.gov/clean-air-act-overview/benefits-and-costs-clean-air-act-1990-2020-report-documents-and-graphics “Estimating the Public Health Benefits of Proposed Air Pollution Regulations” from the National Academies of Sciences, Engineering, and Medicine; https://www.nationalacademies.org/publications/10511 “Particles of Truth: A Story of Discovery, Controversy, and the Fight for Healthy Air” by C. Arden Pope III and Douglas W. Dockery; https://www.penguinrandomhouse.com/books/771621/particles-of-truth-by-c-arden-pope-iii-and-douglas-w-dockery-foreword-by-gina-mccarthy/ “The Heat Will Kill You First: Life and Death on a Scorched Planet” by Jeff Goodell; https://www.hachettebookgroup.com/titles/jeff-goodell/the-heat-will-kill-you-first/9780316497558/ Subscribe to stay up to date on podcast episodes, news, and research from Resources for the Future: https://www.rff.org/subscribe/

    34 min

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Resources Radio is a weekly podcast by Resources for the Future. Each week we talk to leading experts about climate change, electricity, ecosystems, and more, making the latest research accessible to everyone.

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