Kenneth R. Richards


(812) 855-1461
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Curriculum Vitae


  • Ph.D., Public Policy, Wharton School, University of Pennsylvania, 1997
  • J.D., University of Pennsylvania, 1997
  • B.S.C.E., Environmental Engineering, Technological Institute, Northwestern University, 1983
  • M.S.C.E., Urban and Regional Planning, Northwestern University, 1983
  • B.A., Botany and Chemistry, Duke University, 1979


  • Public Management Economics
  • Environmental Economics and Policy
  • Sustainability in a Tri-sectoral World
  • Environmental and Natural Resources Policy Design and Implementation


Kenneth Richards is professor of environmental economics and policy and an affiliated professor of law at the IU Maurer School of Law. Since joining IU in 1996, Richards has taught nearly 30 different courses including public law and administration, environmental and cost-benefit economics, sustainability, and energy and climate change law.

Richards is an affiliated faculty member at the Ostrom Workshop in Political Theory and Policy Analysis. He has held appointments as a James Martin Senior Visiting Fellow at the Oxford Martin School and a Senior Visiting Fellow at the Smith School of Enterprise and the Environment, both at the University of Oxford. Richards recently served as Musim Mas Chair in Sustainability at the National University of Singapore Business School.

Richards' work as an economist includes positions with the Council of Economic Advisers, the U.S. Department of Agriculture's Economic Research Service, and the U.S. Department of Energy's Pacific Northwest National Laboratory. Richards was recognized by the Intergovernmental Panel on Climate Change for his role as a research scientist in "contributing to the award of the Nobel Peace Prize" when the IPCC won the honor in 2007. Richards wrote the U.S. government's first position paper on the choice of policy instruments for climate change policy in 1989, co-authored the first detailed cost analysis of terrestrial carbon sequestration in 1990, and managed the development of the guidelines for the 1605(b) voluntary greenhouse gas reporting program in 1994. He also served as national energy planner for the Cook Islands from 1984 to 1986.



  • Best Professor in Sustainability, CMO Asia's Best B-School Awards, National University of Singapore
  • Outstanding Graduate Teaching Award (2009), Excellence in Teaching Award (2000), Outstanding
  • Undergraduate Teaching Award (1999), O'Neill, and Trustees Teaching Award (2002), Indiana University

In the News

Selected Works

Selected Reports
  • “U.S. EPA MOVES Manual for Costa Rica Modeling Project,” (with G. Smith-Vargas), Report for Partnership for Market Readiness (2019)
  • Economic Modeling Manual for Costa Rica Emissions Modeling Project” (with D. Duncan, J. Ross, G. Smith-Vargas, and S. Richards), Report for Partnership for Market Readiness (2019)
  • “Emissions Levy for Costa Rica: Technical Design and Analysis of Impacts” (with D. Duncan, J. Ross, B. Rubin, et al), Report for World Bank Partnership for Market Readiness (2018)
  •  “International Climate Change Negotiations: Key Lessons and Next Steps” (with D. King and S. Tyldesley), Report for Smith School of Enterprise and the Environment (2011)
  • "Determinants of the costs of carbon capture and sequestration for expanding electricity generation capacity," (with E. Giovanni), Energy Policy 38: 6026–6035 (2010)
  • “Institutional Support for an International Forest Carbon Sequestration Agreement,” (with L. Baldwin), Discussion Paper 2010-41, Harvard Project on International Climate Agreements, Belfer Center for Science and International Affairs, Harvard University Kennedy School of Government (2010)