What drives disadvantaged communities to tolerate higher pollution levels, and can sustainable housing be the answer to urban inequality? This episode promises to unravel these complex questions with the expertise of Chris Timmons, a leading professor from UW-Madison. Chris, who has had an illustrious academic journey through institutions like Georgetown, Stanford, Yale, and Duke, balances his professional life while raising triplets, providing a unique perspective on managing both academic and personal challenges.
Chris shares his groundbreaking research on non-market valuation, environmental justice, and the economic impact of poor air quality and toxic waste remediation. We delve into the often overlooked factors that influence the housing decisions of disadvantaged groups, such as the complexities of hedonic analysis and the role of political power in pollution monitoring. Discover how comprehensive data collection and strategic policymaking can address these issues and improve urban living conditions.
From the economic incentives for developers to adopt sustainable practices to the role of urban trees in cooling cities and increasing property values, Chris provides invaluable insights into sustainable real estate. Explore the intricacies of carbon pricing and the economic implications of sourcing sustainable wood. Through this engaging discussion, we shed light on the need for equitable and effective systems to combat carbon emissions and promote environmental justice, making this a must-listen episode for anyone interested in the intersection of economics and environmental sustainability.