Public Health in Action: Economics and the Food Energy Water Nexus
The University of Maryland School of Public Health will host Dr. Bruce A. McCarl, University Distinguished Professor of Agricultural Economics at Texas A&M University for a special lecture on economics and the food energy water nexus.
Title: Economics and the Food Energy Water Nexus
Much discussion today involves consideration of the Food Energy Water Nexus and ways to improve societal well-being through Nexus-aware decision making. An important aspect of any efforts to improve FEW Nexus decision-making involves economic considerations. Dr. McCarl is a Distinguished Professor of Agricultural Economics at Texas A&M University and a principal investigator on two NSF INFEWS projects and will present material on Nexus-involved economic considerations. This will include discussion of: a) gains from coordination; b) situations where Nexus decision making may lead to social gain; c) gainers and losers /income distribution; d) design of incentives to obtain cooperation; e) the ability to observe potential Nexus strategies; f) the transfer of results between studies; g) role of induced innovation; h) considering uncertainties in water supplies and climate; i) exploring public-private roles; and j) Nexus strategies including conservation and reuse. The presentation will draw on examples from INFEWS projects in the corn and cotton belts plus in the water-scarce region near San Antonio, Texas.
About Dr. Bruce A. McCarl
Bruce A. McCarl is a University Distinguished Professor of Agricultural Economics at Texas A&M University. His work areas include climate change, bioenergy, water economics, agricultural policy, and quantitative analysis. He has been involved in many environmental policy analysis roles including being lead agricultural economic analyst on the 2001 US National Climate Change Assessment, author on the 2010 National Academy America’s Climate Choices study and lead author on the 2007 and 2014 Intergovernmental Panel on Climate Change assessment reports. He is a Fellow of three Agricultural Economics Associations and was a participant in the 2007 Nobel Peace Prize to the IPCC. He is the author of over 280 journal articles and 400 other papers/presentations. He has been involved with over $62 million in sponsored research. He is also PI on an NSF food, energy water project joint in the water-scarce, San Antonio area of Texas and cooperating investigator on another with the University of Maryland involving the bioenergy, traditional commodity production and water quality in the corn and cotton belts.