Author Archives: Adam Bailey

No Flood Insurance Subsidy for New UK Homes

A scheme to reduce the cost of insurance for UK homes at risk of flooding comes into effect today.  Some of the details can be criticised, but the exclusion from the scheme of new homes is absolutely right. Flooding in … Continue reading

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Fish Stocking – A Case for Benchmarking

The performance of England’s Environment Agency in respect of fish stocking is hard to judge.  The numbers it has published don’t help very much.   A recent press release by England’s Environment Agency reports that in 2015 it released record numbers … Continue reading

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Time to Relax London’s Green Belt?

Any reform of London’s Green Belt should be informed by economic assessment of the environmental value of Green Belt land. A feature of land use policy in the vicinity of London is the designation of large areas as Green Belt, … Continue reading

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Signal and Noise in the Oil Market

Conventional wisdom has been that cost of finding and extracting oil is on a secular rising trend.  Given the current low price of oil, is that still credible? A famous saying attributed to Keynes was his challenge to a critic: … Continue reading

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