Moving beyond most conventional thinking about energy security in Europe which revolves around stability of supplies and the reliability of suppliers, this book presents the history of European policy-making regarding energy resources, including recent controversies about shale gas and fracking. Using the United States as a benchmark, the author tests the hypothesis that EU energy security is at risk primarily because of a lack of market integration and cooperation between member states. This lack of integration still prohibits natural gas to flow freely throughout the continent, which makes parts of Europe vulnerable in case of supply disruptions. The book demonstrates that the EU gas market has been developing at different speeds, leaving the Northwest of the continent reasonably well integrated, with sufficient trade and liquidity and different supplies, whereas other parts are less developed. In these parts of Europe there is a structural lack of investments in infrastructure, interconnectors, reverse flow options and storage facilities. Thus, even though substantial progress has been made in parts of the EU, single source dependency often prevails, leaving the relevant member states vulnerable to market power abuse. Detailed comparisons are made of the situations in the Netherlands and Poland, and of energy policy in the USA. The book dismantles some of the existing assumptions about the concept of energy security, and touches upon the level of rhetoric that features in most energy security and policy debates in Europe.

This book provides an original contribution to contemporary research surrounding the environmental, humanitarian and socio-political crises associated with contemporary capitalism. Reimagining Labor for a Sustainable Future is guided by the assertion that new systems are always preceded by new ideas and that imagination and experimentation are central in this process. Given the vast terrain of capitalism - processes, institutions, and stakeholders - Vogelaar and Dasgupta have selected labour as the point of engagement in the study of capitalist and alternative imaginaries. In order to demonstrate the importance of labour in rethinking and restructuring our world economy, the authors examine three diverse community projects in Scotland, India and the United States. They reveal the nuanced ways in which each community engages in commoning practices that re-center social reproduction and offer more expansive views of labour that challenge the neoliberal capitalist imaginary. This book will be of great interest to students and scholars of sustainable economics, labour studies and sustainable development.

This book takes a compelling approach to describing what is needed to create the kind of future that most people on Earth really want. Our global society is hopelessly addicted to a particular vision of the world and a future that has become both unsustainable and undesirable. Addicted to Growth frames our current predicament as a societal addiction to a 'growth at all costs' economic paradigm. While economic growth has produced many benefits, its side effects are now producing existential problems that are rapidly getting worse. Robert Costanza considers lessons from what works at the individual level to overcome addictions and applies them to a societal scale. Costanza recognises that the first step to recovery is recognising the addiction and that it is leading to disaster; however, simply pointing out the dire consequences of our societal addiction is only the first step and can be counterproductive by itself in motivating change. The key next step is creating a truly shared vision of the kind of world we all want, and the book explores creative ways to implement this societal therapy. The final step is using that shared vision to motivate the changes needed to achieve it, including adaptive transformations of our economic systems, property rights regimes, and governance institutions. An exciting contribution from a key thinker in the field, this book will be a valuable resource to students and scholars of public policy and sustainability studies, and anyone interested in understanding and overcoming our societal addiction to growth.

Provides the complete web of business ideas, product design, consumer practice and regulation. Written by thought-leaders in the field of the circular economy. Thomas Rau was nominated for the Circular Economy Leadership Award of the World Economic Forum in 2016. Though the book addresses the difficult challenges of the circular economy, it describes a very complex matter in an accessible and enjoyable style.

Environmental risk directly affects the financial stability of banks since they bear the financial consequences of the loss of liquidity of the entities to which they lend and of the financial penalties imposed resulting from the failure to comply with regulations and for actions taken that are harmful to the natural environment. This book explores the impact of environmental risk on the banking sector and analyzes strategies to mitigate this risk with a special emphasis on the role of modelling. It argues that environmental risk modelling allows banks to estimate the patterns and consequences of environmental risk on their operations, and to take measures within the context of asset and liability management to minimize the likelihood of losses. An important role here is played by the environmental risk modelling methodology as well as the software and mathematical and econometric models used. It examines banks' responses to macroprudential risk, particularly from the point of view of their adaptation strategies; the mechanisms of its spread; risk management and modelling; and sustainable business models. It introduces the basic concepts, definitions, and regulations concerning this type of risk, within the context of its influence on the banking industry. The book is primarily based on a quantitative and qualitative approach and proposes the delivery of a new methodology of environmental risk management and modelling in the banking sector. As such, it will appeal to researchers, scholars, and students of environmental economics, finance and banking, sociology, law, and political sciences.

The Low-Carbon Good Life is about how to reverse and repair four interlocking crises arising from modern material consumption: the climate crisis, growing inequality, biodiversity loss and food-related ill-health. Across the world today and throughout history, good lives are characterised by healthy food, connections to nature, being active, togetherness, personal growth, a spiritual framework and sustainable consumption. A low-carbon good life offers opportunities to live in ways that will bring greater happiness and contentment. Slower ways of living await. A global target of no more than one tonne of carbon per person would allow the poorest to consume more and everyone to find our models of low-carbon good lives. But dropping old habits is hard, and large-scale impacts will need fresh forms of public engagement and citizen action. Local to national governments need to act; equally, they need pushing by the power and collective action of citizens. Innovative and engaging and written in a style that combines storytelling with scientific evidence, this book will be of great interest to students and scholars of climate change, sustainability, environmental economics and sustainable consumption, as well as non-specialist readers concerned about the climate crisis.

Originally published in 1990, this study tracks the issues, progress and problems in environmental issues in the United States from the 1980's. Improvements in air and water quality as well as regulation of hazardous waste and toxic substances has led to new policies such as the Superfund Act and a general increase in awareness about environmental issues on a federal level. Placing an emphasis on economics, these papers analyse the effectiveness of environmental policy and progress made in relation to air pollution, water quality, hazardous wastes, toxic substances and enforcement of regulations. This title will be of interest to students of environmental studies.

Originally published in 1972, this study aims to explore governmental interaction with people and publics interests and institutions in Metropolitan America. These papers discuss issues of how governance can be improved and the federal role in Metropolitanism as well as suggesting ways in which political reform can help. This title will be of interest to students of Environmental Economics and professionals.

Asbestos dust is well-known for causing cancer and other life-threatening illnesses yet still contaminates countless schools, factories and office buildings. This raises the issue of the best way to deal with Asbestos; immediate removal, containment or removal at renovation or demolition. Originally published in 1986, this report aims to evaluate these methods of dealing with asbestos in relation to their cost-effectiveness to conclude the most appropriate solution. This title will be of interest to students of Environmental Studies and Economics.

In preparation for the United Nation's Conference on Environment and Development in Rio de Janeiro in June 1992, this study aimed to detail enduring environmental issues that might or might not have been considered at the conference. Originally published earlier that year, Global Development and the Environment questions the compatibility of goals for environmental protection, natural resource consequences and economic growth in relation to sustainability with essays on important topics such as biodiversity, agriculture and population issues. This title will be of interest to students of Environmental Studies and Economics.

This book discusses the state of global climate change policy and the financing of climate resilient public infrastructure. It explains the sources of tensions and conflict between developing and developed countries with regard to global climate protection policies, and highlights the biases and asymmetries that may work against gender equality, women's empowerment and poverty eradication. Gender and Climate Change Financing: Coming Out of the Margin provides an overview of the scientific, economic and political dynamics underlying global climate protection. It explores the controversial issues that have stalled global climate negotiations and offers a clear explanation of the link between adaptation and mitigation strategies and gender issue. It also maps the full range of public, private and market-based climate finance instruments and funds. This book will be a useful tool for those engaged with climate change, poverty eradication, gender equality and women's empowerment.

Humanity is facing an unprecedented global catastrophe as a result of global warming. This book examines the reasons why international agencies, together with national governments, are seemingly unable to provide real and binding solutions to the problems. The reasons presented relate to the existing dominant global economic structure of capitalism as well as the fact that global warming is too often seen as an isolated problem rather than one of a suite of exceptional, converging and accelerating crises arising from the global capitalist political economy. This book adopts a political economy framework to address these issues. It accepts the science of global warming but challenges the predominant politics and economics of global warming. To illustrate the key issues involved, the book draws on South Africa - building on Samir Amin's thesis that the country represents a microcosm of the global political economy. By taking a political economy approach, the book provides a clear explanation of the deep and pervasive problem of the denial which fails to acknowledge global warming as a systemic rather than a market problem. The book should be of interest to students and scholars researching climate change, environmental politics, environmental and ecological economics, development studies and political economics.

The impact of climate change is global both in its cause and its effect. Thus there is a global responsibility for international cooperation to tackle the causes through mitigation strategies such as those agreed at the Durban Platform of December 2011. This climate regime aims to define responsibilities, mechanisms, funding and compliance in order to achieve a clear objective regarding the reduction of greenhouse gas emissions. Although tackling the causes of climate change through mitigation is necessary, it is also essential to examine the effect of climate change and what international cooperation can take place to ensure global adaptation measures. This pioneering book deals exclusively with the politics of why adaptation as a global responsibility continues to be ignored. Scientific consensus is that the impacts of climate change are increasing, as evident from the greater frequency, intensity and magnitude of climate disasters in recent years. This book asks why anticipatory and planned measures for reducing vulnerability to the impacts of climate change should not be regarded as a global responsibility in the same way as mitigation. This discrimination is likely to continue unless the framing and legal basis of adaptation can be strengthened. It is with this aim in place that Professor Khan utilises his experience in academia and as a negotiator to analyse the politics surrounding this important issue. In this book the author sets out a framework for establishing a legally-binding adaptation regime under the United Nations Framework Convention on Climate Change, with the view to reducing the gap between the strategic focus on mitigation and adaptation. This is invaluable research for students researching climate change from a variety of disciplinary perspectives, including the politics, law and economics of the issue.

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.

The remarkable performance of the Chinese economy in the last three decades has placed China at the centre of the world stage. In 1993, China became a net importer of energy, although it was not until the early 2000s that the world began to pay more attention to China's energy needs and its potential impact on the world. With China's energy search occurring within a hegemonic global structure dominated by the United States, the US watches with interest as China enhances its ties with energy-rich states. The book examines this triangular relationship and questions whether the US and China are in competition regarding access to the energy of a third state, within the context of a potential power transition. It includes case studies on China's energy relationship with countries such as Canada, Australia, Saudi Arabia, Nigeria, Brazil, Kazakhstan, Iran, Sudan and Venezuela and aims to understand the way a rising power interacts with the existing leading power and the possible outcome of this competition. The analytical framework employed helps the reader to understand not only the nature and pattern of triangles among US, China and the Resource Rich States under 'resource diplomacy', but also the salient features of US-China competition around the world. Making an impressive contribution to the literature in fields such as US-China relations, international relations, Chinese foreign policy and global energy geopolitics, this book will appeal to students and scholars of these subjects.

China has been subject to floods, droughts and heat waves for millennia; these hazards are not new. What is new is how rapidly climate risks are changing for different groups of people and sectors. This is due to the unprecedented rates of socio-economic development, migration, land-use change, pollution and urbanisation, all occurring alongside increasingly more intense and frequent weather hazards and shifting seasons. China's leadership is facing a significant challenge - from conducting and integrating biophysical and social vulnerability and risk assessments and connecting the information from these to policy priorities and time frames, to developing and implementing policies and actions at a variety of scales. It is within this challenging context that China's policy makers, businesses and citizens must manage climate risk and build resilience. This book provides a detailed study of how China has been working to understand and respond to climatic risk, such as droughts and desertification in the grasslands of Inner Mongolia to deadly typhoons in the mega-cities of the Pearl River Delta. Using research and data from a wide range of Chinese sources and the Adapting to Climate Change in China (ACCC) project, a research-to-policy project, this book provides a fascinating glimpse into how China is developing policies and approaches to manage the risks and opportunities presented by climate change. This book will be of interest to those studying global and Chinese climate change policy, regional food, water and climate risk, and to policy advisors.

Capitalism and its Critics offers an accessible account of major theories of capitalism from the industrial revolution to the present day. The book provides a comprehensive account of the economic and social thought of key theorists from Adam Smith and Karl Marx to David Harvey and Thomas Piketty. Capitalism has long been the subject of passionate debate, and today such contestations are perhaps more timely than ever. For its advocates, capitalism brings democracy and freedom and is the cornerstone of modernity and of progress. For its critics, capitalism is based on the exploitation of labour and is responsible for the destruction of the environment as well as colonialism. Whether capitalism survives the century, or whether an alternative social system emerges, may very well determine the fate of humanity. Capitalism and its Critics gives a comprehensive critical analysis of the most important theorists of capitalism, including Adam Smith, Karl Marx, Max Weber, Joseph Schumpeter, Karl Polanyi, F.A. Hayek, J.M. Keynes, David Harvey, and Thomas Piketty. The book discusses some of the main debates about capitalism and considers alternatives in the twenty-first century. The 12 chapters are loosely chronologically organised around the main approaches and historical phases in the history of capitalism. Central themes of the book are the ideas of capitalist crisis and of tensions between democracy and capitalism in the making of modernity. A highly readable, informative and engaging text, Capitalism and its Critics is essential reading for anyone interested in understanding capitalism and its alternatives.

Now in its third edition, Cost-Benefit Analysis has been updated, offering readers the perfect introduction to project, programme and policy appraisal using basic tools of financial and economic analysis. The key economic questions of any social cost-benefit analysis are: do the benefits of the project or policy exceed the costs, no matter how widely costs and benefits are spread, and irrespective of whether or not project impacts, such as environmental effects, are reflected in market prices? And which group or groups of individuals receive the benefits and which bear the costs? This book addresses these questions with an emphasis on putting the theory presented in the book into practice. This third edition has several attractive features: Readers are encouraged to develop their own skills by applying the tools and techniques of cost-benefit analysis to case studies and examples, including an analysis of a project which is developed throughout the book. The book emphasizes the use of spreadsheets which are invaluable in providing a framework for the cost-benefit analysis. A dedicated chapter provides guidance for writing up a report which summarises the analysis which has been undertaken. New pedagogical features, including Technical Notes and Examples, have been added as an aid to readers throughout the text. An appendix provides 14 additional case studies which can be developed in class or as assignment projects. Additional material for instructors and students is provided through Support Material maintained by Routledge. This updated edition is an ideal text for a course on cost-benefit analysis where the emphasis is on practical application of principles and equipping students to conduct appraisals. It is also a useful handbook for professionals looking for a logical framework in which to undertake their cost-benefit analysis work.

examines the complex interrelationships between water availability, governance and violent and non-violent conflicts, drawing on in-depth case studies of Lake Naivasha in Kenya and Lake Wamala in Uganda. illustrates how politically and economically motivated water use increases violent tensions over access to and the use of fresh-water resources. evaluates the resilience and vulnerability of local actors ability to access water and examines the nexus between the need to access water and the ability to influence access to water This book will be of great interest to scholars and professionals of water resource management and governance, African development, conflict resolution and sustainable development.

As the global economy seeks to recover from the financial crisis and warnings about the consequences of climate change abound, it is clear that we need a fundamentally new approach to tackle these issues. This innovative book offers a unique perspective, stressing the necessity of both ecological and social change as it discusses how to create a "red-green" or "eco-socialist" society. Examining the current crises of welfare capitalism as well as the challenges and conflicts of an eco-socialist society, the book proposes a new social order that would combine the ideals of egalitarianism and of environmental sustainability. It analyses the key social and ecological issues related to the welfare state, including green Keynesianism, ecological Marxism, the limits of growth and no-growth, capitalist barriers to a renewable energy transition, proposals for a universal basic income and the role of technology. Finally, the book outlines possible paths of transformation towards creating an eco-socialist society, drawing out lessons that can be applied internationally. This book will be of great interest to students and researchers in economics, environmental studies and political science.

Decades of research and discussion have shown that the human population growth and our increased consumption of natural resources cannot continue - there are limits to growth. This volume demonstrates how we might modify and revise our economic systems using nature as a model. The book describes how nature uses three growth forms: biomass, information, and networks, resulting in improved overall ecosystem functioning and co-development. As biomass growth is limited by available resources, nature uses the two other growth forms to achieve higher resource use efficiency. Through a universal application of the three 'R's: reduce, reuse, and recycle, nature thus shows us a way forward towards better solutions. However, our current approach, dominated by short-term economic thinking, inhibits full utilization of the three 'R's and other successful approaches from nature. Building on ecological principles, the authors present a global model and futures scenario analyses which show that implementation of the proposed changes will lead to a win-win situation. In other words, we can learn from nature how to develop a society that can flourish within the limits to growth with better conditions for prosperity and well-being.

With different intensities, depending on the season, every morning and evening of any weekday there are the same peaks in electricity demand. Peaks can bring about significantly negative environmental and economic impacts. Demand Side Response is a relatively recent solution in Europe which has the potential to reduce peak demand and ease impending capacity shortages. Peak Energy Demand and Demand Side Response presents evidence on a set of Demand Side Response activities, ranging from price-based to incentive-based programmes and policies. Examples are drawn from different programmes for both residential and non-residential sectors of electricity demand, including Time of Use tariffs, Critical Peak Pricing Automated Demand Controllers and Ancillary Services. The book also looks at the actual energy saving impacts of smart meters, the activities which constitute peak demand and the potential opportunities associated with European smart grids and Capacity Markets. This is the first book presenting comprehensive analysis of the impacts, cost benefits and risks associated with Demand Side Response programmes and policies. It should be of interest to students, scholars and policy-makers in the areas of energy, environmental economics and applied economics.

Between the 1950's and 1970's, the Sulphur industry continued to grow despite occasional shortages and excesses. In this study originally published in 1970, Hazleton focuses on the Frasch sulphur industry to explore issues such as competing sources of sulphur, the possibilities of sulphur being obtained as a result of pollution-abating policies and the conditions under which future supplies are likely to become available. This title will be of interest to students of Environmental Studies.

Originally published in 1962, Land Economics Research brings together papers presented at a symposium in Nebraska in 1961 which deal with ideas, theories and suggestions in land economics to encourage problem-solving in American land issues. This report draws on all types of land, all situations and all economics problems related to land issues. This title will be of interest to students of Environmental Studies and Economics as well as professionals.

This book is based on the author's published research and uses the principal-agent methodology as a consistent framework for analysing and evaluating the development of the European Union's agricultural land use policy as it has evolved over the last two decades from voluntary set-aside to 'compliance' set-aside to environmental stewardship. The book begins with an introduction to the principal-agent methodology and to the historical development of agricultural land use policy in the CAP (Common Agricultural Policy). There are also literature-based introductions which contextualise each major part of the book (Parts A and B). The book concludes with some reflections and forward-looking comments on policy design lessons from this research, which will be of use to students, academics and policymakers.