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Books > Earth & environment > The environment > Environmental economics > General
'Cool Companies' turns on its head the idea that measures to avert global warming and climate change will pile massive costs on to the industrial sector. It shows how the smartest companies have been able to make money through the improvements that reduce their greenhouse gas emissions. Industry is going to have to adjust to the new tax and regulatory regimes being introduced around the world, aimed at reducing emissions and meeting internationally agreed targets. The more far-sighted companies have recognised the opportunities this offers. Joseph Romm shows how successful they have been in taking them. Romm profiles more than 50 companies, and describes their experiences in the context of their corporate strategies. All are leaders in their sectors and many are household names such as Xerox, Toyota, BP (now BP Amoco), DuPont, Compaq and 3M. They grasped early on the strategic importance of cutting emissions. By working to do so, through increased efficiency, new technologies and improved processes, they have cut their energy costs and boosted their productivity, often dramatically - improvements which translate straight down to the bottom line. The message is clear. Cool Companies - those prepared to overhaul their policies and innovate - are much more likely to thrive in the new climate for business, while those which have to be dragged backwards into the future will face higher costs and tougher competition.
This open access book examines the transition to sustainable energy systems in emerging cities. Experts from around the world present case studies from different countries and discuss efforts were needed for achieving the United Nations Sustainable Development Goals (SDGs). The authors look into the issue of environment vs. economics and discuss the question of whether the energy transition goal can conflict with other development goals such as decent work and economic growth. Furthermore, innovation in energy transition is introduced, both in technology and citizens' engagement. The book presents the latest developments on energy access and transition to sustainability throughout the overall value chain: from basic research in universities to documentation of lessons learned in the field. The empirical evidence presented makes this book appealing to scholars in the field of energy sustainability as well as to policy-makers and energy service companies.
This book focuses on environmental financing in the process of alignment with the EU. Based on comparative analysis of national environmental strategies and financial needs, and their links with strategic development documents in five selected countries (Bulgaria, Romania, Slovenia, Croatia, Turkey) the book identifies main achievements and remaining challenges in the main areas of environmental regulation: nature protection, water, waste, air and climate change. For each area the same concept is applied: current situation is presented, followed by an overview of institutional and legal frameworks. Division of competences between actors at the same or at different levels is addressed. Costs of implementation are estimated and possible sources of financing identified.
Our post-industrialised global economy has achieved spectacular success and pushed back poverty to an extent previously thought impossible. This success is ultimately based on the continued supply of both renewable and non-renewable resources. Will this supply of primary commodities remain sufficient to support global economic growth? Why are the gains for countries specialising on commodity production often so limited? Can commodity dependent countries diversify into other economic activities? Primary Commodities and Economic Development addresses the changing position of primary commodities in the world economy and investigates their importance for commodity exporting under-developed countries. The book commences with a review of the theoretical foundations for inter-dependence between commodity specialisation and economic underdevelopment. Having related the role of commodity exports and the commodity terms of trade to growth models relevant to developing economies, the discussion shifts to an in-depth review of the statistical properties of the commodity terms of trade. The review of commodity price trends at the global level is then rounded off with a series of country case studies showing the concrete threats and opportunities surrounding commodity specialization. This book will be of essential reading for those with an interest in development economics and international economics, as well as for scholars of natural resource and agricultural economics.
Economic valuation of biodiversity and ecosystem services is possibly the most powerful tool for halting the loss of biodiversity while maintaining incomes and livelihoods. Yet rarely have such approaches been applied to tropical forest 'hotspots', which house the vast majority of the planets plant and animal species. This ground-breaking work is the most comprehensive and detailed examination of the economics of environmental valuation and biodiversity conservation to date. Focusing on the Western Ghats of India, one of the top biodiversity hotspots in the world, this volume looks at a cross-section of local communities living within or near sanctuaries and reserve forests such as coffee growers, indigenous people and farmers-cum-pastoralists to assess the use and non-use values that people derive from tropical forests. It also looks at the extent of their dependence on forests for various goods and services, and examines their perceptions and attitudes towards biodiversity conservation and wildlife protection. The book concludes with an assessment of the institutional alternatives and policies for promoting biodiversity conservation through economic valuation methods.
First published in 1999. Routledge is an imprint of Taylor & Francis, an informa company.
This book bridges the gap between economic and ecological theory and practice. Its main focus is on how the principles of the Austrian School of economics could improve the validity of Ecosystem Services. The concept of 'Ecosystem Services' is a relatively recent innovation in environmental thought. The current system is dependent upon mainstream economic theory, in which monetary and fiscal policy controls the prevailing health of the economy. The dependence on this approach to finance, Muddiman argues, limits the potential of ecosystem services and exacerbates the effects of the existing flawed economic model. The book highlights the links between ecological and economic methodologies and concepts and outlines how the principles of Austrian Economic theory could provide better environmental outcomes. It then goes on to formulate approaches to ecosystem services which could act as drivers towards a new biodiversity-based economic framework built around distributed ledger technology, or 'blockchain'. The key distinction of this book is its consideration of ecosystem services as a function of the current economic system. Using this as a starting point it investigates how an alternative economic model would achieve the integration of environmental considerations into economic decision making.
Sweden has a long history of ambitious environmental, energy and climate policy. Due to the large amount of data available it is possible to perform statistically sound analysis and assess long term changes in productivity, efficiency, and technological development. The data at hand together with Sweden's ambitious energy and climate policy provides a unique opportunity to shed light on pertinent policy issues. The Impact of Climate Policy on Environmental and Economic Performance answers several key questions: What is the effect of the CO2 tax on environmental performance and profitability of firms? Does including emissions in productivity measurement of the industrial firm matter? Did the introduction of the EU ETS spur technological development in the Swedish industrial firm? What air pollutant is most inhibiting production when regulated? Being aware and learning from the Swedish case can be very relevant for countries that are in the process of shaping their climate policy. This book is of great importance to researchers and policy makers who are interested in environmental economics, industrial economics and climate change.
This book aids those concerned about environmental issues to firmly grasp relevant analytical methods and to comprehend the thought process behind environmental economics. It does so by drawing from specific environmental issues and at the same time providing commentary that facilitates understanding. This text contains in-depth explanations necessary for a thorough understanding of the fundamental aspects and importance of environmental economics. Environmental Economics seeks to elucidate the mechanisms that give rise to environmental problems by approaching environmental issues from an economic perspective. At the same time, it is a study aiming to indicate specific countermeasures that could resolve present environmental issues. This text has been put together in way that allows readers without specialized economics knowledge to easily understand the situation, issues and challenges of environmental economics.
The carbon markets are in the middle of a fundamental crisis - a crisis marked by collapsing prices, fleeing actors, and ever increasing greenhouse gas levels. Yet carbon trading remains at the heart of global attempts to respond to climate change. Not only this, but markets continue to proliferate - particularly in the Global South. The Politics of Carbon Markets helps to make sense of this paradox and brings two urgently needed insights to the analysis of carbon markets. First, the markets must be understood in relation to the politics involved in their development, maintenance and opposition. Second, this politics is multiform and pervasive. Implementation of new techniques and measuring tools, policy development and contestation, and the structuring context of institutional settings and macro-social forces all involve a variety of political actors and create new forms of political agency. The contributions study the total extent of the carbon markets, from their prehistory to their contemporary expansion and wider impacts. This wide-ranging political perspective on the carbon markets is invaluable to those studying and interested in ecological markets, climate change governance and environmental politics.
Biofuels are a renewable source of energy used mainly for transportation. They link together food, energy and natural resources sectors, and involve ecological, social and inequality issues. They are an emblematic example of the interactions between economic, environmental, social and political decisions and, as a recent and complex issue, require updated and detailed information to be understood. This book aims to shed light on several economic, social and environmental issues connected to biofuel production and policies. The Economics of Biofuels adopts detailed descriptions, rigorous data analysis and precise econometric methods to estimate the effects of biofuel on different socio-economic factors, avoiding complicated and sometimes ineffective models based on context-specific parameters. In particular, the book focuses on the impact of bioenergy policy on biocommodity production and trade, and on the related phenomenon of land acquisitions to grow biofuel commodities. The book's main findings are derived by an original and unique dataset collecting information on the investors acquiring land in Africa and on the voluntary standard, certification and labelling schemes adopted by them as Corporate Social Responsibility (CSR) strategy. The analysis links together in an original way public and private initiatives to make biofuel sustainable. Therefore, this book represents an improvement in the understanding of biofuel production and policy's sustainability. This book is of interest to those who study environmental economics, agricultural economics and sustainable development. It is also suitable for those in the renewable energy sector, with a particular focus on biofuel sustainability.
Ronnie Lessem and Alexander Schieffer's Integral Green Society and Economy series has three overarching aims. The first is to link together two major movements of our time, one philosophical, the other practical. The philosophical movement is towards what many today are calling an 'integral' age, while the practical is the 'green' movement, duly aligned with that of sustainable development. The second is to blend together elements of nature and community, culture and spirituality, science and technology, politics and economics, thus serving to bring about an 'integral green' vision, albeit with a focus on business and economics. As such, the authors transcend the limitations to sustainable development and environmental economics, which are overly ecological, if not also technological, in orientation, and exclude social and cultural elements. Thirdly, this particular volume, with Darja Piciga, focuses specifically on Slovenia, as well as on Europe generally, drawing on the particular issues and capacities that this country and continent represents, particularly for sustainable development and social knowledge-based economy. The emphasis on Slovenia arose, not only because it lies at the heart of Europe, but because a specific movement for an Integral Green Slovenian Society and Economy, has been co-evolved there, by the three editors in conjunction with Slovene organisations, communities and movements, with a view to integrating existing and emerging knowledge resources, initiatives and practices into a model, as an alternative to austerity, for Slovenia and other European countries.
The 2nd edition of An Introduction to Climate Change Economics and Policy explains the key scientific, economic and policy issues related to climate change in a completely up-to-date introduction for anyone interested, and students at all levels in various related courses, including environmental economics, international development, geography, politics and international relations. FitzRoy and Papyrakis highlight how economists and policymakers often misunderstand the science of climate change, underestimate the growing threat to future civilization and survival and exaggerate the costs of radical measures needed to stabilize the climate. In contrast, they show how direct and indirect costs of fossil fuels - particularly the huge health costs of local pollution - actually exceed the investment needed for transition to an almost zero carbon economy in two or three decades using available technology.
There is a fundamental denial at the centre of why we have an environmental crisis - a denial that ignores that endless physical growth on a finite planet is impossible. Nature provides the ecosystem services that support our civilisation, thus making humanity unavoidably dependent upon it. However, society continues to ignore and deny this dependence. A Future Beyond Growth explores the reason why the endless growth economy is fundamentally unsustainable and considers ways in which society can move beyond this to a steady state economy. The book brings together some of the deepest thinkers from around the world to consider how to advance beyond growth. The main themes consider the deep problems of the current system and key aspects of a steady state economy, such as population; throughput and consumerism; ethics and equity; and policy for change. The policy section and conclusion bring together these various themes and indicates how we can move past the growth economy to a truly sustainable future. This volume will be of great interest to students and scholars of economics, sustainability and environmental studies in general.
This 800-page premier book on energy focuses on energy sources, utilizations, legislations and sustainability as it relates to a state, a province, or a country, or a community within a state. This book presents various kinds of energy sources, ways to convert energy for end use, better use of energy towards conservation and energy- and environmental-sustainability. As a very proper model-state the authors chose the State of Illinois which has the largest overall fossil energy reserves, including the largest strippable bituminous coal reserves; the largest user of nuclear energy in USA and has also been investing in all kinds of renewable energies including wind energy, solar energy, biofuels, geothermal energy, and various energy storage options. In the authors' opinion, State of Illinois is a pioneer in legislations for proper development and use of all kinds of energy. Their motivation to do this project was to educate the public (including students, energy engineers and planers, as well as state- and country-wide policy makers) about all aspects of energy.In this book, the authors present various energy sources, conversions technologies, and conservation possibilities. In every case, the authors have presented various options available for a country, for a state, or for a community to achieve its goal of energy sufficiency, clean environment and as a result, sustainability. Variety of schemes related to each energy source and its related conversion technologies are presented and sustainability of renewable energy sources is discussed. All the possible energy sources including coal, natural gas, petroleum, nuclear, solar, wind, biofuels and geothermal energy are presented in this book, as well as energy storage options. The authors have also presented various ways of dealing with carbon dioxide, which is produced from fossil fuels combustion, including its collection, transportation, storage and sequestration. The energy storage systems presented in this book will facilitate reliable and full integration of renewable power to the grid.
Although it is recognised that Thomas Robert Malthus was wrong when he posited a contradiction between population increase and agricultural growth, there are increasing signs that he could be proved right in the future. Perhaps Malthus was too late and too early in his prediction? He was too late, because he did not foresee the shift from land-based resources to fossil fuels, outing an end to the limits of agricultural growth, at least temporarily; and he was too early to witness that fossil fuels would come up against their own limits in terms of supply as well as in terms of global warming. This study deals with land-based resources and the role they play in the global socio-ecological metabolic regime, both now and in the future. In particular, the controversial use of agrofuels as a solution to coming scarcity is subjected to close scrutiny.
Community forestry is an expanding model of forest management around the world. Over a quarter of forests in developing countries are now owned by or assigned to communities and there is a growing community forestry movement in developed countries such as Canada and the USA. There is, however, no economic theory of community forestry and no systematic treatment of the potential economic advantages of promoting Community forestry in developed countries. As a result much of the policy debate over forest management and forest tenure rests on confused and often erroneous views held by policy makers and encouraged by the dominant forestry industry. The Economic Theory of Community Forestry aims to address this gap and provides the tools for understanding community forestry movement as an alternative form of ownership that can mobilize community resources and encourage innovation. It uses a wide range of economic principles to show how community forestry can be economically superior to conventional forestry; provides examples from Canadian practice; and discusses the regulatory regime that policy makers must put in place to benefit from community forestry. This book will be of interest to policy makers, activists, community forestry managers and members, foresters and forestry students.
Experiments in geoengineering - intentionally manipulating the Earth's climate to reduce global warming - have become the focus of a vital debate about responsible science and innovation. Drawing on three years of sociological research working with scientists on one of the world's first major geoengineering projects, this book examines the politics of experimentation. Geoengineering provides a test case for rethinking the responsibilities of scientists and asking how science can take better care of the futures that it helps bring about. This book gives students, researchers and the general reader interested in the place of science in contemporary society a compelling framework for future thinking and discussion.
Climate change is one of the greatest challenges facing human kind owing to the great uncertainty regarding future impacts, which affect all regions and many ecosystems. Many publications deal with economic issues relating to mitigation policies, but the economics of adaptation to climate change has received comparatively little attention. However, this area is is critical and a central pillar of any adaptation strategy or plan and is the economic dimension, which therefore merits the increase in attention it is receiving. This book deals with the difficulties that face the economics of adaptation. Critical issues include: uncertainty; baselines; reversibility, flexibility and adaptive management; distributional impacts; discount rates and time horizons; mixing monetary and non-monetary evaluations and limits to the use of cost-benefit analysis; economy-wide impacts and cross-sectoral linkages. All of these are addressed in the book from the perspective of economics of adaptation. Other dimensions of adaptation are also included, such as the role of low- and middle-income countries, technology and the impacts of extreme events. This timely book will prove essential reading for international researchers and policy makers in the fields of natural resources, environmental economics and climate change.
First published in 1999. Routledge is an imprint of Taylor & Francis, an informa company.
The 2nd edition of An Introduction to Climate Change Economics and Policy explains the key scientific, economic and policy issues related to climate change in a completely up-to-date introduction for anyone interested, and students at all levels in various related courses, including environmental economics, international development, geography, politics and international relations. FitzRoy and Papyrakis highlight how economists and policymakers often misunderstand the science of climate change, underestimate the growing threat to future civilization and survival and exaggerate the costs of radical measures needed to stabilize the climate. In contrast, they show how direct and indirect costs of fossil fuels - particularly the huge health costs of local pollution - actually exceed the investment needed for transition to an almost zero carbon economy in two or three decades using available technology.
In a world of growing environmental risks and ecological scarcities, ensuring a safe Anthropocene for humankind is essential. Managing an increasingly "fragile" planet requires new thinking on markets, institutions and governance built on five principles: ending the underpricing of nature, fostering collective action, accepting absolute limits, attaining sustainability, and promoting inclusivity. Rethinking economics and policies in this way can help to overcome the global challenges posed by climate change, biodiversity loss, freshwater scarcity, and deteriorating marine and coastal habitats. It requires decoupling wealth creation from environmental degradation through business, policy and financial actions aimed at better stewardship of the biosphere. In this book, renowned environmental economist Edward Barbier offers a blueprint for a greener and more inclusive economy, and outlines the steps we must take now to build a post-COVID world that limits environmental threats while sustaining per capita welfare.
Fresh water resources are at the same time ecological, economic, social, and cultural goods and must be managed accordingly. However, efforts to manage these resources are complicated by tensions arising from possible clashes between the regimes favouring privatization, trade and investment liberalization, and domestic and international regimes governing water resources, environmental protection and human rights. The relationships between the international economic and legal framework on the one hand and fresh water resource management and protection on the other, are complex and multifaceted. This book addresses the key interdisciplinary issues that increasingly confront policy makers, tribunals, arbitration bodies and other institutions. It focuses primarily on law, but also includes perspectives from economics, political science and other disciplines. It examines such questions as are governments free to decide whether or not to export water resources? Can foreign investors sue host states for adopting measures to control water pollution? Can international trade rules be used to reduce or eliminate water related subsidies? Do rules on the liberalization of water services affect domestic and international human rights obligations relating to water supply? More generally, how do the procedural rights of states, individuals, affected communities and investors affect decisions regarding the right to drinking water, the rights of investors to exploit water resources, and the rights of governments to protect their lakes, rivers and groundwater?
If Greek tragedy is sometimes regarded as a form long dead and buried, both theatre producers and film directors seem slow to accept its interment. Originally published in 1986, this book reflects the renewed interest in questions of staging the Greek plays, to give a comprehensive account and critical analysis of all the important versions of Greek tragedy made on film. From the 1927 footage of the re-enactment of Aeschylus' Prometheus in Chains at the Delphi Festival organised by Angelos Sikelianos to Pasolini's Notes for an African Oresteia, the study encompasses the version of Oedipus by Tyrone Guthrie, Tzavellas's Antigone (with Irene Papas), Michael Cacoyannis's series which included Electra, The Trojan Women, and Iphigeneia, Pasolini's Oedipus and Medea (with Maria Callas), Miklos Jancso's Elektreia, Dassim's Phaedra and others. Many interesting questions are raised by the transference of a highly stylised form such as Greek tragedy to what is often claimed to be the 'realistic' medium of film. What becomes clear is that the heroic myths retain with ease the power to move the audiences in very different milieux through often strikingly different means. The book may be read as an adjunct to viewing of the films, but enough synopsis is given to make its arguments accessible to those familiar only with the classical texts, or with neither version.
This book is a unique introduction to the economic costs of nuclear power. It examines the future of the nuclear power industry and unpacks the complicated relationships between its technical, economic and political variables. It does so by modelling the costs, risks and uncertainties of one of the world's most opaque industries using micro-econometrics, econometrics, and cost engineering. Economics of Nuclear Power examines the very important costs of externalities (storing of nuclear waste and the impact of a Chernobyl or Fukushima event) and compares those to the externalities of alternative carbon based energies (oil, coal, natural gas). With over 100 tables and figures this book details nuclear power production around the world - present and planned, providing a completely global focus. It also includes an overview of the past 70 years of international nuclear power developments. This book is essential reading for students, scholars and professionals interested in energy economics, nuclear engineering and energy policy. |
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