In 1990, energy in the UK underwent a unique and fundamental transformation, with the privatization of the electricity supply industry. This is the first book to fully assess the experiment. It first explains how - and why - the British electricity supply industry was privatized. It then identifies the subsequent changes in electricity prices, profits, employment, investment, nuclear power and renewable, and the extent to which each of these was due solely to privatization or to other factors, or could have come about by reform of the previous model, rather than privatization. Finally, the authors analyse the key unresolved issues of regulation, introducing competition into the domestic energy market in 1998, supply security, and other long-term strategic considerations. Throughout, the distinguish between the uniquely British elements of the experience and those which can be drawn upon by other countries embarking upon similar reforms. Today, governments throughout the world are looking to the UK's experience as a potential prototype for the restructure of their own electricity supply industries. For them, and for electricity utilities, fuel and power plant suppliers, regulation authorities, financial analysts, international agencies, journalists and academics alike, this thorough and pragmatic study will be essential reading. 'This is likely to become the definitive book on the first six years of the great British electricity experiment' Walt Patterson The British Electricity Experiment is the result of a detailed study undertaken by the Energy Programme at the science Policy Research unit (SPRU). Professor John Surrey was head of SPR's Energy Programme between 1969 and 1986. He has worked with the central Electricity Generating Board, as a government Economic Adviser, and as a Specialist Adviser to numerous House of Commons Select Committee inquiries on energy matters. Originally published in 1996

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.

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.

Hardbound. This volume will include scenarios of geophysical and economic impacts from global warming beyond a doubling of greenhouse gases. Analyses will examine geophysical, ecological, and economic impacts, physical and institutional lags, alternative scenarios with and without policy intervention, institutional change, political-economic barriers to effective policy, and prescriptions for change. Perspectives will include those from physical and biological sciences, as well as economics.

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.

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.

China has achieved rapid economic growth since the market-oriented reform in 1978 and became the second largest economy in the world in 2010. However, the growth model in China is still extensive in nature and may be characterized with high energy consumption and heavy environmental pollutions etc. In fact, China has successively become the largest carbon emitter since 2007 and the largest energy consumer since 2009 in the world. This book endeavors to analyze whether such energy driven and environment restricted economic growth can be sustainable in China in the long run. The book describes the basic situations of energy consumption and environmental pollution in China from the dimensions of industries, regions and energy-types. It also introduces the evolution of energy and environmental policies implemented in China. In particular, this book makes use of the environmental activity analysis model to assess the sustainable transformation of economic model in Chinese industries and regions. This model captures the negative externalities of pollutants and estimates the environmental total factor productivity accurately. The possibilities of win-win development and double dividend are also forecasted. This book proposes new methods to measure the environmental total factor productivity, evaluate the process of low carbon transformation, quantify the structural bonus, estimate the abating cost and forecast the win-win development and so on. Researchers may find these methodologies useful for measuring other pollutants and for analysis in other countries.

The economic approach to environmental law and policy has become the dominant framework for analyzing pollution, resource management and many other environmental challenges throughout the world. This two-volume set presents essential articles from both the leading edge of methodological innovation in environmental law and economics and the bedrock of theory upon which all such innovations are built. The editors' extensive introduction contextualizes the selected papers, highlighting the central theoretical and empirical challenges facing future advancement of this discipline. An impressive collection that is indispensable to policymakers, scholars and those with an interest in the developments in this ever-important field.

Only a few economists have vigorously dealt with mineral economics. Among these few, Orris C. Herfindahl has probably probed the most deeply. This volume, originally published in 1974, presents Herfindahl's most significant and enlightening contributions to the field of resource economics. This title will be of interest to students of environmental studies and economics, as well as to professional resource specialists.

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.

East Asia is a key region in the global economy, including both the second and third largest global economies already and, led by China, continuing to expand at a rapid rate. This economic growth has led to unprecedented gains in prosperity in the region but it has also led to increasing environmental pressures and energy issues. This book assesses ways in which East Asia can continue or even increase existing rates of economic growth while at the same time reducing greenhouse gas emissions and other environmental degradation. Using advanced modelling approaches, future scenarios for four East Asian countries are assessed in detail, including analysis of particular challenges in each country (e.g. coal power in China, nuclear power in Japan). Prospects for each country's energy system are assessed in detail and the potential effects of various types of Environmental Tax Reform in the four countries are also considered carefully. The final section of the book explores the interaction between trade liberalization, a key driver of growth, and emission levels in the East Asia region.

In the midst of human-induced global climate change, powerful industrialized nations and rapidly industrializing nations are still heavily dependent on fossil fuels. Even if we arrive at a Hubbert's peak for oil extraction in the 21st century, the availability of technologically recoverable coal and natural gas will mean that fossil fuels continue to be burned for many years to come, and our civilization will have to deal with the consequences far into the future. Climate change will not discriminate between rich and poor nations, and yet the UN-driven process of negotiating a global climate governance regime has hit serious roadblocks. This book takes a trans-disciplinary perspective to identify the causes of failure in developing an international climate policy regime and lays out a roadmap for developing a post-Kyoto (post-2012) climate governance regime in the light of lessons learned from the Kyoto phase. Three critical policy analytical lenses are used to evaluate the inherent complexity of designing post-Kyoto climate policy: the politics of scale; the politics of ideology; and the politics of knowledge. The politics of scale lens focuses on the theme of temporal and spatial discounting observed in human societies and how it impacts the allocation of environmental commons and natural resources across space and time. The politics of ideology lens focuses on the themes of risk and uncertainty perception in complex, pluralistic human societies. The politics of knowledge lens focuses on the themes of knowledge and power dynamics in terms of governance and policy designs, such as marketization of climate governance observed in the Kyoto institutional regime.

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.

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.

Winner of the Choice Outstanding Academic Titles of 2010 award. This book is a comprehensive and accessible guide to understanding the opportunities offered by regulated and voluntary carbon markets for tackling climate change. Coverage includes: - An overview of the problem of climate change, with a concise review of the most recent scientific evidence in different fields - A highly accessible introduction to the economic theory and different constitutive elements of a carbon allowances market - Explanation of the Kyoto Protocol and its flexibility mechanisms - Explanation of how the EU Emissions Trading Scheme works in practice - Ongoing developments in regulated carbon markets in the US - Up-to-the-minute coverage of regulated carbon markets in Australia - Developments in New Zealand and Japan - Carbon offsetting and voluntary carbon markets. Combining theoretical aspects with practical applications, this book is for business leaders, financiers, carbon traders, lawyers, bankers, researchers, policy makers and anyone interested in market mechanisms to mitigate climate change. The carbon emissions resulting from the production of this book have been calculated, reduced and offset to render the bookcarbon neutral. Published with CO2 Neutral

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?

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.

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.

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.

Imagine a waste-free future for your business, your family, and yourself A circular economy is an economic system designed to save money, eliminate waste, and achieve deep sustainability. No-brainer, right? Circular Economy For Dummies explains why the old way of doing things (linear economy) is fast going the way of the dinosaurs, and it gets you ready to think circular. From business processes and material lifecycles to circular design in just about every industry, this book is a fascinating glimpse into our sustainable future. Whether you're looking to close the resource loop in your business or develop a greener lifestyle for yourself and your family, this book shows you how. Learn how to innovate for circular economy, how to turn trash into treasure, and how to calculate the (potentially large) amount of money this will save you. And--bonus--you'll feel good doing the right thing and being a part of our sustainable future! Challenge the assumptions behind the old-school "linear economy" model Learn how we can work together to achieve a waste-free future Save money by rethinking your resource use or business supply chain Reimagine households, neighborhoods, schools, companies, and societies The future is circular. Buck business-as-usual and learn how to create a circular economy for all!

The first World Climate Conference, which was sponsored by the World Meteorological Organization in Geneve in 1979, triggered an international dialogue on global warming. From the 1997 United Nations-sponsored conference-during which the Kyoto Protocol was signed-through meetings in Copenhagen, Cancun, Durban, and most recently Doha (2012) and Warsaw (2013), worldwide attention to the issue of global warming and its impact on the world's economy has rapidly increased in intensity. The consensus of these debates and discussions, however, is less than clear. Optimistically, many geoscience researchers and members of the Intergovernmental Panel on Climate Change (IPCC) have supported CO2 emission reduction pledges while maintaining that a 2 DegreesC limit in increased temperature by the year 2100 is achievable through international coordination. Other observers postulate that established CO2 reduction commitments such as those agreed to at the Copenhagen United Nations Climate Change Conference (2009) are insufficient and cannot hold the global warming increase below 2 DegreesC. As experts theorize on precisely what impact global warming will have, developing nations have become particularly alarmed. The developed world will use energy to mitigate global warming effects, but developing countries are more exposed by geography and poverty to the most dangerous consequences of a global temperature rise and lack the economic means to adapt. The complex dynamics that result from this confluence of science and geopolitics gives rise to even more complicated issues for economists, financial planners, business leaders, and policy-makers. The Oxford Handbook of the Macroeconomics of Global Warming analyzes the economic impact of issues related to and resulting from global warming, specifically the implications of possible preventative measures, various policy changes, and adaptation efforts as well as the different consequences climate change will have on both developing and developed nations. This multi-disciplinary approach, which touches on issues of growth, employment, and development, elucidates for readers state-of-the-art research on the complex and far-reaching problem of global warming.

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.

India has been traditionally well-endowed with large freshwater reserves, but increasing population, urbanization and agricultural growth in recent decades are causing overexploitation of surface and groundwater. As consumption of water grows, wastewater increases significantly and in the absence of proper measures for treatment and management, is polluting existing freshwater reserves. As a result, water pollution has emerged as one of the nation's gravest environmental threats. This book draws a link between water pollution generated by different industries and the various economic activities of the Indian economy using the Input-output framework. It constructs a detailed water pollution coefficient matrix involving different types of water pollutants. The book estimates the total amount of water pollution generated directly and indirectly in different sectors and activities, and also calculates the water pollution content in India's foreign trade sector. It also accounts for defensive expenditure from water pollution and estimates Green GDP for the extent and scope of environmental challenges. Analysis of the result indicates the variation in the pollution content of different economic activities. Finally, the book offers a portfolio of policies and assesses the implications of such policies on pollution generation in India.

* Placing an economic value on biodiversity is seen by many as the best and perhaps only successful way of preserving it while also protecting livelihoods* This is the most comprehensive examination of valuation ever conducted, focusing on one of the world's top eight biodiversity "hotspots," with principles widely applicable across the world* Original comparisons of the different "values" of biodiversity, trade-offs, incentives for conservation, case studies of coffee growing and wildlife conservation and practical policy optionsEconomic 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 planet's plant and animal species. This groundbreaking 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-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 valuationmethods.