What are the costs of wildfire? CSU resource economics expert answers

“Wildfire impacts society through many channels: direct loss of property and life, smoke and health impacts, indirect impacts of a fire on tourism and home values, and impacts on agriculture, including vineyards and livestock,” said Jude Bayham, Colorado State University associate professor of Agricultural and Resource Economics. “Most fires are small and pose little threat to people and property. The big ones that burn near development create the largest impacts.”

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