This open access book analyzes the transition toward a low-carbon energy system in Europe under the aspects of flexibility and technological progress. By covering the main energy sectors - including the industry, residential, tertiary and transport sector as well as the heating and electricity sector - the analysis assesses flexibility requirements in a cross-sectoral energy system with high shares of renewable energies. The contributing authors - all European energy experts - apply models and tools from various research fields, including techno-economic learning, fundamental energy system modeling, and environmental and social life cycle as well as health impact assessment, to develop an innovative and comprehensive energy models system (EMS). Moreover, the contributions examine renewable penetrations and their contributions to climate change mitigation, and the impacts of available technologies on the energy system. Given its scope, the book appeals to researchers studying energy systems and markets, professionals and policymakers of the energy industry and readers interested in the transformation to a low-carbon energy system in Europe.

The economies located in East, South and Southeast Asia have witnessed an interesting growth-sustainability trade-off over the last decades. While growth considerations have paved ways for deepened ties with growing trade-investment waves and increasing population pressure necessitated exploitation of hitherto unutilized natural resources, focus on environmental sustainability has been a recent consideration. The growth impetus still playing a key role in these economies, it becomes imperative that the countries effectively address the key sustainability concerns, e.g. air and water pollution, land degradation, loss of biodiversity, climate change issues like CO2 emissions etc. But how prepared is the governance mechanism of these countries, covering not only the legislative and administrative framework but also involvement of the judiciary, presence of spirited civil society and active engagement of stakeholders in policy-framing dialogues, to rise up to these challenges? The book seeks an answer to this question through the environmental governance mechanism and natural resource conservation policies in three vibrant regions within Asia. A holistic development dimension of sustainable development path emerges, through discussion of policies adopted by developed (Japan, South Korea), upper-middle (China, Malaysia), developing (India, Indonesia, Philippines, Sri Lanka, Thailand) and least developed countries (Bangladesh, Myanmar, Nepal).

The Economics of Green Growth investigates the possibility of creating an integrated indicator covering three pillars of sustainable development: economy, society and the environment. The excessive pursuit of economic efficiency has resulted in severe environmental problems such as climate change and biodiversity loss, and societal human issues such as inequality and disparity. The book aims to change the direction of economic growth towards one which is more sustainable. It explores beyond the conventional indicator, the GDP that measures economic growth and human well-being. It also introduces new indicators relevant to sustainable development and a green economy and discusses the key issues for these indicators.

A typical consumer underestimates the benefits of future energy savings and underinvests in energy efficiency, relative to a description of the socially optimal level of energy efficiency. To alleviate this energy-efficiency gap problem, various programs have been implemented. In recent years, many governments have started providing consumers with subsidies on the purchases of eco-friendly products such as hybrid cars and energy efficient appliances. This book conducts a comprehensive analysis of the environmental subsidy programs conducted in Japan and examines their impacts on consumer product selection, consumer product use, and environmental outcome. The book also proposes recommendations for future environmental and industrial policies. The book's empirical findings will be of interest to those who are researching on and policymakers of environmental and industrial policies.

The concept of green growth, coupled with one of green economy and low carbon development, is a global concern especially in the face of the multiple crises that the world has faced in recent years - climate, oil, food, and financial crises. In East Asia, this concept is regarded as the key in transforming cheap-labour dependent, export-oriented industries towards a more sustainable development. Green Growth and Low Carbon Development in East Asia examines the beginnings of low carbon, green growth in practice in East Asia and how effectively it has directed East Asian nations, especially Korea, China and Japan, to put environment and climate challenges as the core target zone for investment and growth. Special focus is paid to energy and international trade - areas in which these nations compete with pioneered nations of Europe and the United States to develop renewable energy industries and enhance their international competitiveness. On the basis of the lessons learned in East Asia, together with a comparison of Russia, this book discusses the applicability and limitations of this developmental approach taken by the developing nations and resource-rich emerging economies, including the conditions and contexts in which nations are able to transition into sustainable development through the use of low carbon, green growth strategies.

When we look at the state of the world today, what is most evident is the fact that the major problems of our time - energy, environment, economy, climate change and social justice - cannot be understood in isolation. They are interconnected problems, which means that they require corresponding systemic solutions. Today's global economy has brought about critical distress for ecosystems and societies and we have to go to the very root of the problems to find a way out. This volume develops a synthesized interpretation of ecological economics integrating different levels: (economic) system, (business) practice and the (economic) actor. It discusses how changes on a systems level are connected to changes in practice and development of individual consciousness. Transformative Ecological Economics delves into the insight and knowledge from different sources of inspiration (thermodynamics, Darwinism, anthroposophy and Buddhism) as well as into an integrated story describing and illustrating the core ideas, principles and values that characterize a utopian society anchored in ecological economics. Implementation of the deep changes demanded depends on our ability to write a new story, a utopian one for sure, but one which is in accordance with and based on the reality in which we live. This book will be of interest to those who study ecological economics, political economy and environmental economics.

Since becoming formally established with an international academic society in the late 1980s, ecological economics has advanced understanding of the interactions between social and biophysical reality. It initially combined questioning of the basis of mainstream economics with a concern for environmental degradation and limits to growth, but has now advanced well beyond critique into theoretical, analytical and policy alternatives. Social ecological economics and transformation to an alternative future now form core ideas in an interdisciplinary approach combining insights from a range of disciplines including heterodox economics, political ecology, sociology, political science, social psychology, applied philosophy, environmental ethics and a range of natural sciences. This handbook, edited by a leading figure in the field, demonstrates the dynamism of ecological economics in a wide-ranging collection of state-of-the-art essays. Containing contributions from an array of international researchers who are pushing the boundaries of the field, the Routledge Handbook of Ecological Economics showcases the diversity of the field and points the way forward. A critical analytical perspective is combined with realism about how economic systems operate and their essential connection to the natural world and society. This provides a rich understanding of how biophysical reality relates to and integrates with social reality. Chapters provide succinct overviews of the literature covering a range of subject areas including: heterodox thought on the environment; society, power and politics, markets and consumption; value and ethics; science and society; methods for evaluation and policy analysis; policy challenges; and the future post-growth society. The rich contents dispel the myth of there being no alternatives to current economic thought and the political economy it supports. The Routledge Handbook of Ecological Economics provides a guide to the literature on ecological economics in an informative and easily accessible form. It is essential reading for those interested in exploring and understanding the interactions between the social, ecological and economic and is an important resource for those interested in fields such as: human ecology, political ecology, environmental politics, human geography, environmental management, environmental evaluation, future and transition studies, environmental policy, development studies and heterodox economics.

This volume, which brings together papers from a seminar held in Beijing in 1996, contains contributions written by Chinese participants as well as by visiting experts from the West. The different experience of the several authors is represented in the unique balance of the book: all the Chinese contributions point out the importance of the environment in economic development, expressing a determination to measure effects as a means to the successful management of natural resources. They concentrate on rather specific issues within the constraints of the prevailing economic situation, where identification and asset pricing tend to be specified by administrative norms. Several of these papers contain interesting and useful statistical information. The papers by the visiting experts also stress the importance of taking account of environmental aspects in deriving indicators relating to economic development. All the papers reveal that work in this area is still evolving very quickly, sometimes in unexpected directions. This particular juxtaposition of approaches is a valuable record of the situation at a particular point in time when concern about the environment in China is developing rapidly.

"Energy is the go of things," as James Clerk Maxwell pointed out. This th simple truth was largely overlooked during the first 70 years of the 20 century, because in the industrial world most politicians, civil servants, and opinion makers were inclined to believe that virtually an infinite supply of reasonably priced energy would always be available, and so things would continue to 'go' in the manner to which many of their constituents and admirers had become accustomed. Similar opinions were held about fresh air, and water for consumption and agricultural uses. As a result, it was not until the last two decades of the century that serious courses in energy and environmental economics began to be offered at institutions of higher learning around the world. This book is intended as a comprehensive introductory text and/or reference book for courses of this nature having to do with energy economics. (I have also attempted to make the book useful for self study. ) As far as I know, there are no energy economics text or reference books on the level of this book in the English language. Needless to say, if I am wrong then I apologise to their authors; but right or wrong, I would like to see more energy economics books of all descriptions now. We cannot afford to have the same kind of mistakes made with energy policy that (in much of the world) are being made with e. g. employment policy.

How is the struggle against climate change financed? Climate Finance: Theory and Practice gives an overview of the key debates that have emerged in the field of climate finance, including those concerned with efficiency, equity, justice, and contribution to the public good between developed and developing countries. With the collaboration of internationally renowned experts in the field of climate finance, the authors of this book highlight the importance of climate finance, showing the theoretical aspects that influence it, and some practices that are currently being implemented or have been proposed to finance mitigation and adaptation policies in the developed and developing world.

Written in a way that facilitates understanding of complex concepts, laws, and policy, Production, Growth, and the Environment: An Economic Approach explores how economic growth usually makes people better off, but also asks at what environmental cost? These costs are not often realized until after the fact, when their remediation is more expensive, and sometimes not reversible. Very few books on environmental economics model the joint production of desirable and undesirable outcomes in any depth. This book fills that void. It discusses the demographic transition and the escape from the Malthusian trap. It also covers the environmental Kuznets curve hypothesis that examines the relation between polluting outputs and economic welfare. The book integrates environmental valuation methods with the production possibility frontier (PPF) approach. It presents both types of outcomes in a PPF framework that accounts for scarcity and allows the concepts of technical and allocative efficiencies to be introduced and measured. The PPF can then measure technological progress/regress and can be used to measure whether resource use is sustainable over time. It can also be used to determine shadow prices for non-market desirable outputs such as ecological services and non-market undesirable by-products such as SO2, NOx, and CO2 that arise from fossil fuel combustion. The beauty of the PPF framework is that it can be depicted in simple two-dimensional diagrams that make the concepts easy to understand. The author uses this framework to introduce concepts such as technical efficiency, allocative efficiency, technological progress/regress, shadow pricing, externalities, public goods, pollution taxes, and permits. In addition, each chapter has numerous problems and discussion questions that provide examples and practice in using the introduced theories. The book also includes a chapter that shows how the solver routine in Excel can be used to measure technical and allocative efficiency. This gives you the tools to examine all outcomes and therefore make a decision that takes into account the environmental challenges along with any economic benefits.

How will humanity continue to meet its energy needs without destroying the conditions necessary to sustain human life on earth? The search for an answer to this question depends as much on the past as on the present; and as much on the physical sciences as on the social sciences. This book offers a truly trans-disciplinary and trans-cultural look at the problem of energy production and consumption in modern times. Discussing issues of history, politics, science, risk, lifestyle and representation, contributors demonstrate that experiences through time can provide insights into the kinds of solutions that have succeeded, as well as reasons why other solutions have failed. They also show what different countries and cultures might learn from each other, emphasizing how discoveries in one discipline have inspired new approaches in another discipline. Among many other important conclusions, the book suggests that energy transitions do not occur simply because of the exhaustion of old energy sources, and any solutions to the incipient energy crisis of the 21st century will depend on people's perceptions of science, environment and risk, informed and shaped in turn by the media.

Shale Gas: Exploration and Environmental and Economic Impacts explores the shale gas exploration and production activities that are increasing globally, also presenting a basic understanding on the geological, geochemical, and geophysical aspects. The book is a key reference that is useful for researchers, the oil and gas industry, and policymakers in gas producing and prospective countries. Users will find chapters on hydraulic fracturing and shale gas drilling, as well as the environmental and economic impacts of these activities. Further chapters include case studies on the shale gas revolution in the United States and other producing countries around the world.

Originally published in 1995, Analyzing Superfund outlines the key issues of the superfund reauthorization debate in the United States. The Superfund law faced criticism for being wasteful, inefficient and expensive. These papers sought to shed light on this argument in relation to clean-up standards, the liability regime, transaction costs and natural resource damage. This title will be of interest to students of Environmental Studies and professionals

Originally published in 1974, Technical Change, Relative Prices, and Environmental Resource Evaluation explores the relationship between natural environmental resources and the differential implications of technological change and relative price appreciation. Smith claims that price is linked to technological progress and comments on the economic issues surrounding this. This title will be of interest to students of Environmental Studies and Economics.

This book addresses the challenges facing stable democratic states in dealing with oil companies in order to secure general welfare gains. Political stability means that such states should be able to take a longer term perspective. The principal topic considered is petroleum industry regulation but the insights extend to other non-renewable natural resources. A particular issue addressed is the question of tax competition between producing countries. Within the context of company/government relations the book considers such current topics as the challenges of dealing with merged companies and the strategic choices facing tax authorities.

International environmental agreements provide a basis for countries to address ecological problems on a global scale. However, countries are heterogeneous with respect to their economic structures and to the problems relating to the environment that they encounter. Therefore, economic externalities and global environmental conflicts are common and can cause problems in implementation and compliance with international agreements. Economics of International Environmental Agreements illuminates those issues and factors that might cause some countries or firms to take different positions on common problems. This book explores why international environmental agreements deal with some problems successfully but fail with others. The chapters address issues that are global in nature, such as: transboundary pollution, provision of global public goods, individual preferences of inequality- aversion, global cooperation, self-enforcing international environmental agreements, emission standards, abatement costs, environmental quota, technology agreement and adoption and international institutions. They examine the necessary conditions for the improved performance of international environmental agreements, how cooperation among countries can be improved and the incentives that can be created for voluntary compliance with international environmental agreements. This text is of great importance to academics, students and policy makers who are interested in environmental economics, policy and politics, as well as environmental law.

It is widely accepted that natural resource wealth, especially in the form of oil and minerals, can be a key factor in inhibiting economic development. Many of the countries that are richest in natural resources - including oil, metals and diamonds - are amongst the world's poorest. Why? Fiscal Policy and the Natural Resources Curse re-examines this ancient, unsolved puzzle, asking why many governments of natural resource-intensive countries are incapable, in a globalised world, of dealing with the natural-resource curse. This book offers a detailed analysis of the power-relationships which underpin the natural resource curse, using both statistical analysis and country case studies from Africa and Latin America to pinpoint the strategies that have enable developing countries to break out of the poverty trap. The book differs from other works on this subject, as it not only identifies the issues at stake but also offers solutions in the form of a series of suggested policy measures. The work focusses in particular on fiscal escape routes, namely measures to develop and diversify the tax system, and to reallocate and target public expenditure. This volume will be of great interest to scholars of economic development, the economics of natural resources and economic growth as well as all those with an interest in development, global politics and anti-poverty policies.

Filling a void in academic and policy-relevant literature on the topic of the green economy in the Arabian Gulf, this edited volume provides a multidisciplinary analysis of the key themes and challenges relating to the green economy in the region, including in the energy and water sectors and the urban environment, as well as with respect to cross-cutting issues, such as labour, intellectual property and South-South cooperation. Over the course of the book, academics and practitioners from various fields demonstrate why transitioning into a 'green economy' - a future economy based on environmental sustainability, social equity and improved well-being - is not an option but a necessity for the Gulf Cooperation Council (GCC) States. Through chapters covering key economic sectors and cross-cutting issues, the book examines the GCC states' quest to align their economies and economic development with the imperatives of environmental sustainability and social welfare, and proposes a way forward, based on lessons learned from experiences in the region and beyond. This volume will be of great relevance to scholars and policy makers with an interest in environmental economics and policy.

Energy in the 21st Century is a valuable source of information for students, decision makers, opinion leaders, and the general public. Oil and natural gas price volatility continue to affect both the supply and demand for energy. Advances in other technologies, such as nuclear, wind, solar, and tidal technology, are altering the comparative economics of competing energy sources. New government policies are changing the landscape of the global energy marketplace.From our reliance on fossil fuels to the quest for new sources of energy, Energy in the 21st Century provides a fact-based analysis of the most prominent energy issues of our time. The fourth edition updates data and includes more discussion of recent advances. Some of the highlights of the fourth edition are expanded discussion of climate change and anthropogenic climate change; the 2015 COP21 Paris Agreement on Climate Change; nuclear fusion reactor prototypes (tokomak ITER and stellarator W7-X); advances in solar thermal and solar photovoltaic power plants, space based solar power, transparent photovoltaic cells, and hybrid solar wind technology; tidal and wave energy converters; oil from algae; the EU Supergrid; the Goldilocks Policy for energy transition and the Grand Energy Bargain.Energy in the 21st Century has been used as the text for the general college student population, as well as energy overview for MBA students. Pedagogical material includes learning objectives at the beginning of each chapter, end of chapter activities, a comprehensive index, a glossary, and an Appendix to help with converting units. Points to Ponder are provided throughout the text and are designed to encourage the reader to consider material from different perspectives.

Contemporary society is dependent on man's ability to work fundamental changes in the natural environment. In using resources to produce high and rising levels of income, however, effects are often produced that are incidental to the main purpose. This study, first published in 1965, explores some research approaches to the economic analysis of some of the key environmental problems, including water and air pollution, the introduction of chemical substances into the environment and the development of urban and rural space. This title will be of interest to students of environmental studies and economics.

This title includes a number of Open Access chapters. Because cities are such complex systems, creating sustainable urban environments is a challenging goal. No single strategy-or even several strategies-will be enough to achieve tomorrow's healthy and sustainable cities. The challenges resist compartmentalization, because the factors intersect and overlap. The articles in this compendium were chosen to expand the understanding of these complicated issues in a non-linear way. The editor has selected research in the following topics: improving urban air quality; municipal solid waste alternatives; municipal water management; reducing urban energy consumption.

The prevalence of natural disasters in recent years has highlighted the importance of preparing adequately for disasters and dealing efficiently with their consequences. This book addresses how countries can enhance their resilience against natural disasters and move towards economic growth and sustainable development. Covering a wide range of issues, it shows how well thought-out measures can be applied to minimize the impacts of disasters in a variety of situations. Starting with the need for coping with a rapidly changing global environment, the book goes on to demonstrate ways to strengthen awareness of the effectiveness of preventive measures, including in the reconstruction phase. The book also covers the roles played by different actors as well as tools and technologies for improved disaster risk reduction. It focuses on a variety of case studies from across Asia, Africa and Latin America, drawing out lessons that can be applied internationally. This book will be of great interest to professionals in disaster management, including national governments, donors, communities/citizens, NGOs and private sector. It will also be a highly valuable resource for students and researchers in disaster management and policy, development studies and economics.

Effective policies to prevent global warming and climatic change are urgently required by the world community. However, international negotiations on this issue repeatedly come up against the problems of allocating responsibility for the greenhouse effect, and bearing the costs of remedying the situation.;This volume offers a multidisciplinary response to the challenge. It presents the scientific, economic and political issues and goes on to describe the policy options available. The different ways of determining responsibility for greenhouse gases and calculating obligations to pay for hazards to the environment are analyzed. The contributors examine the implications for various countries, while a concluding chapter explores climatic change negotations - what is at stake, and for whom.

This study, based on fieldwork and case studies of southeast Asian countries shows how privatization, investment and new energy technologies can be integrated to combat climate change and provide the maximum return for investors. The author explains what incentives and regulatory structures are needed that do not damage local competitiveness. Asserting that technology transfer is fundamental to effective policies for climate change and for economic development, the text examines how the benefits can be maximized.