Kurt Stephenson

Experience

• Professor, Environmental and Natural Resource Economics, Department of Agricultural and Applied Economics, Virginia Tech. June 2008 - Present.
• Associate Professor, Environmental and Natural Resource Economics, Department of Agricultural and Applied Economics, Virginia Tech. June 2001 - 2008.
• Assistant Professor, Environmental and Natural Resource Economics, Department of Agricultural and Applied Economics, Virginia Tech. November 1995 - June 2001.
• Senior Research Associate, Department of Agricultural and Applied Economics, Virginia Tech. October 1994 - October 1995.
• Research Associate, Department of Agricultural and Applied Economics, Virginia Tech, 1989-1990.
• Research Associate, Department of Agricultural Economics, University of Kentucky, 1988-1989.

Awards

• Sellner Chesapeake Guardian Award (co-recipient with Denice Wardrop), Chesapeake Community Research Symposium (CCMP), May 2024.
• 2005 Certificate of Teaching Excellence, College of Agriculture and Life Sciences, Virginia Tech.
• Best Theory-Oriented Paper for 2000, Journal of Water Resources Planning and Management. Leonard Shabman and Kurt Stephenson. “Environmental Valuation and Its Economic Critics.”  Selected by the Environmental & Water Resources Institute Planning and Management Council, American Society of Civil Engineers. 

Selected:

• Ferris, W. N., & Stephenson, K. 2024. The role of nutrient credit trading for total maximum daily load compliance by the urban stormwater sector: Evidence from Virginia's Municipal Separate Storm Sewer Systems. Journal of the American Water Resources Association, 60(2), 392-405.
• Nelson, J. D., Aguilar, M. F., Saby, L., Stephenson, K., & Goodall, J. L. 2024. Exploring the adoption of water quality trading as an alternative stormwater regulatory compliance strategy for land development projects: A case study for Roanoke, Virginia. Journal of Environmental Management, 356, 120548.
• Scientific and Technical Advisory Committee (STAC). 2023. Achieving water quality goals in the Chesapeake Bay: A comprehensive evaluation of system response (K. Stephenson & D. Wardrop, Eds.). STAC Publication Number 23-006, Chesapeake Bay Program Scientific and Technical Advisory Committee (STAC), Edgewater, MD. 129 pp.  
• Stephenson, K., L. Shabman, J. Shortle, and Z. Easton. 2022. Confronting our Agricultural Nonpoint Source Incentive Problem. J. of the American Water Resource Association.
• Fleming, P.M., K. Stephenson, A.S. Collick, and Z.M. Easton. 2022. Targeting for nonpoint source pollution reduction: A synthesis of lessons learned, remaining challenges, and emerging opportunities, J. of Environmental Management 308: 114649
• Stephenson, K. W. Farris, E. Bock, Z. Easton. 2021. Treatment of Legacy Nitrogen as a Compliance Option to Meet Chesapeake Bay TMDL Requirements Environmental Science and Technology 55 (20): 13593–13601.  https://doi.org/10.1021/acs.est.1c04022
• Easton, Z., E. Bock, K. Stephenson. 2019. Feasibility of Using Woodchip Bioreactors to Treat Legacy Nitrogen to Meet Chesapeake Bay Water Quality Goals. Environmental Science and Technology, 53 (21): 12291-12299.
  
• Stephenson, K. and L. Shabman. 2019. "Does Ecosystem Valuation Contribute to Ecosystem Decision-making?: Evidence from Hydropower Licensing" Ecological Economics.  163: 1-8 (senior authorship shared equally)
• Stephenson, K. and B. Tutko. 2018. “The Role of In lieu Fee Programs in Wetland/Stream Mitigation Credit Trading: Illustrations from Virginia and Georgia" Wetlands DOI: 10.1007/s13157-018-1057-y
• Stephenson, K. and L. Shabman. 2017. “Where Did all the Agricultural Nonpoint Source Trades Go?: Lessons from Virginia Nutrient Trading Programs.” Journal of the American Water Resources Association 53 (5):1178-1194.
• Kurt Stephenson and Leonard Shabman. 2017. “Can Water Quality Trading Fix the Agricultural Nonpoint Source Problem?” Volume 9, forthcoming, Annual Review of Resource Economics.
• Gwen DeBoe, Emily Bock, Kurt Stephenson, and Zachary Easton. 2017. “Nutrient Biofilters in the Virginia Coastal Plain: Nitrogen Removal, Cost, and Potential Adoption Pathways” Journal of Soil and Water Conservation. 72 (2): 139-149
• Kurt Stephenson and Leonard Shabman. 2017. “Nutrient Assimilation Services for Water Quality Credit Trading Programs: A Comparative Analysis with Nonpoint Source Credits”  Coastal Management. 45(1): 24-43.

Courses taught

Undergraduate level:

• AAEC 1005 Economics of the Food and Fiber System
• AAEC 4314 Environmental Economic Analysis and Management

• AAEC 5144 Resource and Environmental Economics

My extension and outreach are directed largely at supporting public policy decision-making in the area of water resources.  I have served on numerous water quality policy and regulatory advisory committees at the state, regional, and federal levels.

Selected Service

• Eastern Virginia Groundwater Management Advisory Committee authorized under Virginia §62.1-256.2, 2020-present
• Academic Advisory Committee, Virginia Department of Environmental Quality, 2004-present.
• Scientific and Technical Advisory Committee, Chesapeake Bay Program, 2013-2021
• Committee to Review EPA's Economic Analysis of Final Water Quality Standards for Nutrients for Lakes and Flowing Waters in Florida, National Research Council.  National Academies Press: Washington, DC, 2012.
• Committee on Improving Principles and Guidelines for Federal Water Resources Project Planning; National Research Council, National Research Council.  National Academies Press: Washington, DC, 2010.
• Committee on Reducing Stormwater Discharge Contributions to Water Pollution, Urban Stormwater Management in the United States.  National Research Council.  National Academies Press: Washington, DC, 2008.

Selected Outreach Publications/Reports

Stephenson, K., D. Wardrop, L. Shabman, K. Rose, W. Dennison, J. Testa, R. Batiuk, Z. Easton. 2025. Tiered Implementation of the Chesapeake Bay TMDL: A STAC Prospectus. STAC Publication Number 25-001, Edgewater, MD. 19 pp.

Scientific and Technical Advisory Committee (STAC). 2024. Achieving Water Quality Goals in the Chesapeake Bay: Report in Brief. (D. Wardrop and K Stephenson, Eds). Chesapeake Bay Program Scientific and Technical Advisory Committee (STAC). STAC publication.

Schons, S. K. Stephenson, J. Gannon. 2024. An Overview of Forest Carbon Credit Programs in Virginia, Virginia Cooperative Extension, CNRE-177, April 10.

Current Research Focus

• Pay for performance incentives for agricultural nonpoint source programs.
• Incentives to address legacy nutrient sources.
• Evaluation of cost-effectiveness of nonpoint source programs
• Evaluation of carbon sequestration offset practices and policies.