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Paul R. Portney

 

Paul R. Portney was President of Resources for the Future from 1995-2005. Portney joined the staff of RFF in 1972; from 1986-1989 he headed two of its research divisions; in 1989 he became its Vice President.

In June 2005, Paul Portney left RFF to become dean of the Eller College of Management at the University of Arizona in Tucson.




Link to Washington Post Website

Think Tank Leader's Principled Wisdom
Will Be Missed


By Steven Pearlstein
The Washington Post
Wednesday, June 15, 2005; Page D01

Among the endangered species in Washington these days is the independent, nonpartisan, non-ideological think tank -- an organization that can't be bought, can't be intimidated, and whose work cannot be ignored.

For a time, these were among the capital's most important intermediating institutions, providing the hard data and analytical framework for policymakers to prioritize issues, resolve the clash of interests and overcome the special interests. But in today's hyper-partisan and ideological climate, many of these organizations have been co-opted, bullied or forced to choose sides.

One notable exception is Resources for the Future, which for more than 50 years has brought the rigor of economic analysis to the consideration of environmental issues. Founded during the Truman administration to analyze the then-fashionable notion that the world was about to run out of resources, RFF was known for churning out scrupulously objective research and intriguing ideas. But while the scholarship was first-rate, much of it was aimed at the readers of the scientific journals rather than policymakers and participants in the increasingly heated political debates over environmental regulation.

Paul Portney changed all that. As an RFF scholar for the past 33 years, and president for the past 10, he showed not only a knack for identifying early on the issues and ideas that would one day take center stage, but also a facility in communicating research results in ways that made them useful to laymen. And while careful to avoid turning RFF into an advocacy group, he never shied away from using the facts to challenge business interests that reflexively opposed all regulation, or environmental groups that never met one they didn't like.

An effective fundraiser, Portney built a classy new headquarters on the edge of what was once a marginal neighborhood, along with a $70 million endowment that assured RFF its financial independence. His board of directors is chock-full of high-power business executives and committed environmental activists who may agree on little else other than that Paul Portney and his crew are the straightest shooters in town.

 

Link to Interview with Paul Portney from Resources magazine
Parting Thoughts:
Paul Portney Reflects
on 30 Years at RFF and
the Future of Energy and Environmental Policy

(from Resources magazine)

RFF News Release:
Paul Portney to Depart as RFF President; Will Head University of Arizona's Eller College of Management

"My first instinct was to be very skeptical, to think that this was simply an organization designed to create a patina of objectivity for anti-regulatory conclusions," said David Hawkins, who has been on the staff of the Natural Resources Defense Council since its founding more than 30 years ago.

Hawkins said the traditional environmental view was that economic analysis was inherently biased against regulation because the costs were relatively easy to determine, while the benefits were, by nature, speculative and difficult to quantify. "But Paul was persistent and persuasive, and he turned me around," said Hawkins, now an RFF director.

Another supporter is John Rowe, chief executive of Exelon, a Chicago-based utility, who speaks for much of the business community when he says of RFF's staff of 35 researchers: "Their hearts are generally green, but they don't lie about the numbers. They have an enormous amount of credibility with both sides."

Indeed, when Congress couldn't get a straight answer on the true state of the Superfund program a few years back, it turned to RFF for the answer. And when the National Academy of Sciences was charged with delivering the definitive evaluation of government fuel-efficiency standards, it was Portney, as chairman, who defended the panel's Solomonic conclusions: Mileage standards saved a lot of energy, but at the expense of having lighter, more dangerous cars.

Over the next few weeks, the Senate will consider a bipartisan proposal to set caps on greenhouse gas emissions from electricity plants -- but allow utilities to violate those limits by buying "pollution rights" from companies that exceed the standards. "Cap and trade" is an RFF idea hatched decades ago and patiently promoted over the years despite the objection of environmentalists, who distrusted markets and were morally offended by the idea of government giving someone a right to pollute. Now, ironically, it is the enviros who are pushing the plan adamantly opposed by the supposedly market-oriented Bush administration.

A youthful and still curious 60-year-old, Portney now heads out to Tucson for a second career as the new dean of the University of Arizona's business school. In RFF he leaves behind an institution greatly strengthened by his innovative research and wise leadership but increasingly isolated in a capital where winning is more important than getting things right and even science has been politicized.

 
 
   

Link to RFF Press Book New Approaches on Energy and the Environment

New Approaches on Energy and the Environment:
Policy Advice for the President

Thought-provoking and targeted suggestions intended to refocus public attention on the key energy and environmental issues confronting the U.S. today.
Link to Video

Link to RFF Press Book
Public Policies for Environmental Protection (Second Edition)
Paul R. Portney and Robert N. Stavins
Link to RFF President and Senior Fellow Paul Portney's RFF Seminar on Corporate Social Responsibility

Corporate Social Responsibility:
One Economist’s View
Audio
What is CSR? Is business all about the bottom line? What is the role of the public sector? Former RFF President Paul Portney discusses these and other issues about CSR as part of the RFF Seminar Series.

Image of President Truman signing legislation that would begin RFF and link to video (50 Years of Path-Breaking Research).

50 Years of
Pathbreaking Research
(A short film)

Link to RFF's 2006 Annual Report

2006 Annual Report