Clearning the smoke from wildfire policy: An economic perspective
Wildfires are heating up once again in the American West. In 2015, wildfires burned more than 10 million acres in the United States at a cost of $2.1 billion in federal expenditures. As the fires burned, the U.S. Forest Service announced that, for the first time, more than half of its budget would be devoted to wildfire. And the situation is likely to get worse.