May 10, 2011
TEMPE, Ariz., -- Michael Hanemann, a world-renowned environmental economist, has been elected a member of the National Academy of Sciences. Hanemann is the Julie A. Wrigley Chair in Sustainability at Arizona State University (ASU), where he holds joint appointments in the Department of Economics of the W. P. Carey School of Business, and in the School of Sustainability.
Hanemann is working on the future water needs of the Hopi Tribe under the new Arizona standard for Indian water rights, which calls for a supply of water adequate to make the Reservation a “comfortable homeland” and to permit sustained economic growth. He also is assisting the U.S. Geological Survey as it moves forward to implement an adaptive management strategy for the Glen Canyon Dam.
A leading expert hired by the California Energy Commission, the California State Assembly, and local governments in the San Francisco Bay Area, Hanemann is recognized globally for his research in non-market valuation and his work on the economics of water and the economics of irreversibility and adaptive management. His recent work includes assessing the vulnerability of Bay Area communities to climate change and developing appropriate adaptation strategies – focused particularly on water, transportation, coastal impacts, agriculture, and health.