The literature and research on environmental and resource economics has exploded in recent years. This major annual publication provides a cutting-edge survey of current research by the leading experts in the field. The Yearbook includes contributions on: * climate change policy * general equilibrium models in environmental and resource economics * hedonic property value techniques for policy and litigation * progress and problems in the economics of sustainability * valuing the health effects of pollution * the economics of carbon sequestration in agricultural soils * tradable permits for air quality * linking environmental ethics and environmental policy.

This unique collection of Clem Tisdell's articles is an eminently readable and comprehensive economic analysis of important contemporary issues involving ecological and environmental economics.Coverage includes the role of ecological economics in the modern world, welfare and ethical considerations in environmental economics, sustainability concerns, the potential role of local communities in conservation, environmental aspects of population growth, and the relevance of carrying capacity concepts. The value for environmental management of different types of governance and of alternative economic policy instruments (such as environmental taxation compared to tradable permits) is also assessed. Ecological, environmental, natural resource, geographical and development economists will all find this book of great interest and value, as will policymakers in this area.

Providing useful insights on the use of Multi-Criteria Decision Analysis (MCDA) in natural resource management, this book examines a number of empirical applications for several countries and a variety of natural resources. It is shown that using MCDA in the management of water, forestry, wetland and other natural resources can substantially improve the design and implementation of natural resource and environmental policies. Stakeholder involvement is also an important determinant of successful resource management and MCDA provides a useful and effective framework for getting stakeholders involved in resource management decisions. Using Multi-Criteria Decision Analysis in Natural Resource Management gives in-depth analysis of the potential problems in applying these techniques, including difficulties eliciting required information, lack of suitable measures for environmental variables and the need to develop innovative methods to simplify the use of MCDA.

Mountain regions represent about one fourth of the earth's surface area and provide a significant share of goods and services to humanity. In this book, the authors demonstrate how alpine environments throughout the world are particularly vulnerable to global environmental change. Alpine populations will often be affected earliest and most significantly, for example through extreme weather systems, and their scope for adaptation is relatively limited. Drawing on the natural and social sciences, particularly economics, this book supplies a broad picture of the diverse issues involved. The authors show that observed changes in natural phenomena, such as acidity and fish toxicity in high altitude lakes, clearly support the thesis on ongoing global change induced by humans. They then analyse the manifold socio-economic impacts of global environmental change which are likely to be felt in various sectors and industries including tourism, insurance and water cycle management. It is shown that adaptation options though limited can be improved, such as in natural hazard management. Finally the authors evaluate the various mitigation options available for policymakers in agriculture, energy production, transport and land use planning. Global Environmental Change in Alpine Regions demonstrates that although environmental change is a global phenomenon, the impacts are distributed unevenly and vary in severity. This book will be required reading for all students and scholars of environmental and resource economics, public management and policy.

Stabilization of atmospheric concentrations of greenhouse gases to safe levels will require, at least in the longer term, some kind of technological revolution. This, in turn, can only be achieved through investments in the research, development and demonstration (RD&D) of carbon-free energy technologies. Innovation under Uncertainty presents original research and insights on the uncertain future of carbon-free energy technologies. The authors, by means of structured interviews with technology experts, portray a probabilistic landscape of future technologies' costs, potentials and limits to diffusion.This book collates the results of interviews with more than a hundred and twenty energy technology experts on a wide range of topics, from the impact of public European RD&D investment on the future cost of different low-carbon energy technologies to issues such as technological and diffusion barriers. The results offer important and concrete insights and recommendations concerning the potential role for public expenditure in innovation to bring clean generation technologies to the market. This unprecedented collection of qualitative and quantitative estimates will be invaluable to academics and policy makers drafting future energy policies, and integrated assessment and energy modelers characterizing the future development of different technological options. Contributors: L. Aleluia, V. Bosetti, M. Bunn, M. Catenacci, L.A. Diaz, G. Fiorese, A. Lee, E. Verdolini,

This exposition of the major ideas of Georgescu-Roegen should help readers understand his work - both the revolutionary boldness and originality of many of his ideas and the careful logic with which he developed them. Georgescu-Roegen's work encompassed environmental economics and methodology.

Climate change is an issue in which every human being on the planet is a potential stakeholder. Therefore, equity and ethical considerations have an important role to play in determining a climate change response strategy that will prevent the worst case scenario. In this context, the authors of this important new book attempt to provide a better understanding of the practical and analytical issues surrounding climate change negotiations. Each of the chapters reflects on an issue linked to the concepts of ethics, equity and climate change such as economics, morality, politics, rights and law, philosophy, and atmospheric science. The authors, who come from a diverse range of national, disciplinary and sectoral backgrounds, advance pragmatic policy suggestions to enhance international negotiations on climate change and highlight the value of considering more humanistic aspects in the negotiation process. Greenhouse gas emissions are widely considered to be the ultimate environmental externality and consequently an issue of great contemporary concern. This insightful and original treatment of the important issues will be welcomed by climate change negotiators, policymakers, and economic, environmental and social researchers. It will also be of interest to anyone who believes that the negotiation process may benefit from a more deep-rooted shift in social attitudes and beliefs.

Oceans Governance in the Twenty-first Century analyses the development of national, regional and international initiatives and arrangements directed towards governance of the world's seas and oceans. The authors examine those factors that shape oceans governance, as well as the supports and constraints affecting policy development and implementation. In addition, the book invaluably includes discussion of contemporary international and selected regional initiatives - including the development of a maritime policy by the EU. The processes and outcomes that have arisen in the development of oceans policy in Australia, Canada, New Zealand and the US are also summarised. This analysis centres on the key elements of institutional design, policy capacity, and the policy framework adopted as important supports to facilitate integrated oceans management. The book concludes that, despite increased attention to the oceans over the past two decades, major challenges remain, even where states have made concerted efforts to develop new approaches to ocean management. Marcus Haward and Joanna Vince's thorough study will appeal to researchers and academics at under and postgraduate levels working in the field of environmental management, as well as oceans and coastal management and governance. It will also be highly useful to policy makers with responsibilities for oceans and coastal management.

Taking stock of emerging planet data and analysing policies during the global crisis, Earth Economics provides a comprehensive and accessible introduction to basic macroeconomic concepts, methods and principles, and their application to real world data.Written principally for students seeking an introduction to macroeconomics, this book offers a completely new angle to policy, with a focus on the truly global level. Underpinned by empirical orientation of state-of-the-art data, it introduces earth economics as the study of the economy of our planet from the perspective of an autarkic system (a 'closed economy'), focussing on policymaking that improves global rather than national welfare. Key features include: - A discourse on issues fundamental to the understanding of macroeconomics. - An introduction to economists' tools and concepts. Non-economists will learn how to survive in a discussion with economists: where to ask questions, where to listen, where to skip and where to ignore. - Presentation of extensive and wide-ranging data in a consistent and comprehensive framework. - In-depth treatment of key concepts including: aggregates, autarky, closed economies, current accounts, earth economics, data, macroeconomics, microeconomics, development and global public goods. - Provision of a thorough, working understanding of the subject matter via exercises set throughout the book, including: questions on the text, calculations, formulating arguments and preparation, analysis and interpretation of data and figures. See the companion website - www dot eartheconomics dot info for updates and additional information. Contents: Preface 1. Introduction: It is the Only One We Have 2. Planet Accounts Part I: Short-term Fluctuations and Demand Management 3. Earth's Business Cycle 4. Why I = S and What That Means: The Building Blocks of Macroeconomic Analysis 5. Investment, the IS Curve, and Product Market Equilibrium 6. What About Government? 7. Money Matters! The LM Curve and Money Market Equilibrium 8. Eartheconomic Demand and Supply 9. Puzzling Disagreements Part II: Long Run 10. Long-Run Growth 11. Development and Change 12. Limits to Growth? Part III: Earth Governance and Global Public Goods 13. Global Public Goods 14. Global Peers: An Agenda References Index

Does free trade contribute to the deterioration of the environment? This important book offers a fresh look at the trade-environment debate from a political-economic perspective. It provides an extensive analysis of the environmental consequences of free trade, and examines how trade affects environmental regulation in this age of regional and global economic integration. The book begins by providing a useful review of the literature on the environment-trade link and the effects of trade on environmental regulation. It is demonstrated that environmental regulation may affect trade and investment patterns, and as a consequence the competitiveness of a country or region. Using the North American Free Trade Agreement as a case study, the author examines the political influence of environmentalists and industry sub-groups on pollution standards in the United States. Rolf Bommer also discusses the European experience, and reveals that the European Union may affect pollution regulation considerably and increase the chance of higher environmental standards. He concludes that free trade offers the opportunity to introduce tighter pollution regulation due to the political influence of interest groups on environmental policy making. Economic Integration and the Environment will be welcomed by environmental economists, those interested in international economics as well as policymakers and practitioners.

This important book examines the economic policies required to reduce carbon dioxide emissions - a major source of pollution throughout the world. It explores the likely impact of environmental taxes on income distribution and economic welfare. The authors consider a tax on domestic fuel and power and a carbon tax, and the likely adverse distribution effects of these on a population. The analysis allows for the direct and indirect effects (through inter-industry transactions) of taxes on prices and consumers' responses to these price changes. The welfare effects are also estimated for a variety of income groups. The authors then evaluate the inequality and social welfare measures and consider whether the distributional effects can be overcome by adjusting transfer payments to compensate lower-income groups. This study examines environmental taxes in Australia with methods which can be applied to other countries, some of which were specifically designed to overcome data limitation problems. Environmental Taxes and Economic Welfare will be of special interest to researchers, academics, policymakers and advisers on taxation and environmental policy.

Environmental Economics is an introduction to the basic principles of environmental economics as they have been developed in the past and as they continue to evolve. The examples discussed in this text represent only a sample of the full range of issues that actually exists. For this reason, the Eighth Edition sticks to the basic ideas and ways that environmental economists have found to make the basic concepts and models more specific and relevant to concrete environmental issues. The basic structure and sequence of chapters in this edition are unchanged although we have reorganized and updated the last section on global issues. The first section of the book is an introduction, beginning with a chapter on what environmental economics is about, followed by one on the basic relationships between the economy and the environment. The next section is devoted to studying the "tools" of analysis, the principles of demand and cost, and the elements of economic efficiency both in market and nonmarket activities. These chapters are not meant to be completely thorough treatments of these theoretical topics; however, given the objective of the book, the introductory chapters are essential. Even those who have had a course in microeconomic principles might find them valuable for purposes of review. Section 2 also contains a chapter in which these economic principles are applied to a simple model of environmental pollution control. Section 3 is on environmental analysis. Here we look closely at some of the techniques that have been developed by environmental economists to answer some of the fundamental value questions that underlie environmental decision making. We focus especially on the principles of benefit-cost analysis. After this we move to Section 4, on the principles of environmental policy design. It begins with a short chapter dealing with the criteria we might use to evaluate policies, then moves on to chapters on the main approaches to environmental quality management. Sections 5 and 6 contain policy chapters, where we examine current developments in environmental policy with the analytical tools developed earlier. Section 5 is devoted to environmental policy in the United States, covering federal policy on water, air, and toxic materials. It also contains a chapter on environmental issues at the state and local levels, including recycling. Finally, the last section looks at international environmental issues: global climate change, the economics of international environmental agreements, globalization, and economic development and the environment. A collection of relevant web links and additional sources is available on the website. Also available is a tutorial for working with graphs. For instructors, the website offers an Instructor's Manual available for easy download. To access the website associated with this book, please visit the instructor resources.

In this concise, engaging, and provocative work, Richard Porter introduces readers to the economic tools that can be applied to problems involved in handling a diverse range of waste products from business and households. Emphasizing the impossibility of achieving a zero-risk environment, Porter focuses on the choices that apply in real world decisions about waste. Acknowledging that effective waste policy integrates knowledge from several disciplines, Porter focuses on the use of economic analysis to reveal the costs of different policies and therefore how much can be done to meet goals to protect human health and the environment. With abundant examples, he considers subjects such as landfills, incineration, and illegal disposal. He discusses the international trade in waste, the costs and benefits of recycling, and special topics such as hazardous materials, Superfund, and nuclear waste. While making clear his belief that not every form of waste presents the same amount of risk, Porter stresses the need for open-minded approaches to developing new policies. For students, policymakers, and general readers, he provides insight and accessibility to a subject that others might leave out-of-sight, out-of-mind, or buried under an impenetrable prose of statistics and jargon.

Water is becoming an increasingly scarce commodity in many parts of the world. Population growth plus a growing appetite for larger quantities of cheap water quality as a result of urban, industrial, and agricultural pollution coupled with increasing environmental demands have further reduced usable suppliers. This book brings together thirty of the best economic articles addressing water scarcity issues within the US and Mexico. By touching on a number of different issues, this volume clearly articulates the need for improving existing institutional arrangements as well as for developing new arrangements to address growing water scarcity problems.

A celebrated international bestseller that exposes the ticking time-bomb underneath our new technological order. The resources race is on. Powering our digital lives and green technologies are some of the Earth's most precious metals - but they are running out. And what will happen when they do? The green-tech revolution will reduce our reliance on nuclear power, coal, and oil, but by breaking free of fossil fuels, we are setting ourselves up for a new dependence - on rare metals like cobalt, gold, and palladium. These are essential to electric vehicles, wind turbines, and solar panels, as well as our smartphones, computers, tablets, and other technologies. But we know very little about how rare metals are mined and traded, or their environmental, economic, and geopolitical costs - until now.

This handbook showcases the broad spectrum of diverse approaches to environmental accounting which have developed during the last 30 years across the globe. The volume covers a range of physical issues such as water, carbon and biodiversity, as well as specific accounting matters such as management control, finance and audit. Moreover, seven chapters present environmental accounting issues that arise in the regions of Africa, Asia, Europe, MENA, North America, the Pacific and South America. The handbook also highlights future challenges in all the topic areas addressed as well as introducing new topics, such as links between environmental accounting and the circular economy, and the issues associated with animal rights. Edited by leading scholars in the area and with key contributions from across the discipline, and covering a diverse range of perspectives and locations, the volume is divided into five key parts: * Part 1: Framing the issues * Part 2: Financial accounting and reporting * Part 3: Management accounting * Part 4: Global and local perspectives * Part 5: Thematic topics in environmental accounting This handbook will act as a significant publication in drawing together the history of the field and important reference points in its future development, and will serve as a vital resource for students and scholars of environmental accounting and environmental economics.

Since the industrial revolution progress has meant an increase in labour productivity. Factor Four describes a new form of progress, resource productivity, one which meets the overriding imperative for the future: sustainability. It shows how at least four times as much wealth can be extracted from the resources we use. As the authors put it, the book is about doing more with less, but this is not the same as doing less, doing worse or doing without.;In 1972, the Club of Rome published "Limits to Growth", which sent shock waves around the world by arguing that we were rapidly running out of essential resources. This "Report to the Club of Rome" offers a solution. It lies in using resources more efficiently, in ways which can already be achieved, not at a cost but at a profit. The book contains a wealth of examples of revolutionizing productivity, in the use of energy, from hypercars to low-energy beef; materials, from sub-surface drip irrigation to electronic books; and transport, from video conferencing to CyberTran, demonstrating how much more could be generated from much less, today.; It explains how markets can be organized and taxes re-based to eliminate perverse incentives and

Classic Papers in Natural Resource Economics Revisited is the first attempt to bring together a selection of classic papers in natural resource economics, alongside reflections by highly regarded professionals about how these papers have impacted the field. The seven papers included in this volume are grouped into five sections, representing the five core areas in natural resource economics: the intertemporal problem; externalities and market failure; property rights, institutions and public choice; the economics of exhaustible resources; and the economics of renewable resources. The seven papers are written by distinguished economists, five of them Nobelists. The papers, originally published between 1960 and 2000, addressed key issues in resource production, pricing, consumption, planning, management and policy. The original insights, fresh perspectives and bold vision embodied in these papers had a profound influence on the readership and they became classics in the field. This is the first attempt to publish original commentaries from a diverse group of scholars to identify, probe and analyse the ways in which these papers have impacted and shaped the discourse in natural resource economics. Although directed primarily at an academic audience, this book should also be of great appeal to researchers, policy analysts, and natural resource professionals, in general. This book was published as a series of symposia in the Journal of Natural Resources Policy Research.

Originally published in 1996. In order to increase exports and expand profits, U. S. manufacturers must be able to adapt to changing competitive pressures. This book presents methods to quantify competition and help predict profitability to help hardwood lumber manufacturers adapt to changing market conditions based on three research studies. This title will be of interest to students of environmental economics.

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.

This book compiles and explains technical terms in sustainable finance in an easy-to-navigate A-Z format. The interdisciplinary nature of sustainable finance means that those researching and working in the field often have to turn to a variety of different sources to look up various non-financial terms. Recognizing this issue, Ibrahim Sancak and Elisa Aracil have curated a comprehensive list of the key terms most commonly used in the field. Each entry maps out an important concept or idea and illustrates how it relates more broadly across this growing discipline, such as the changes and innovations required by the financial sector to meet the United Nation's Sustainable Development Goals. Overall, Essential Concepts of Sustainable Finance will enable readers to communicate more effectively about finance within the context of sustainability. With related terms and further reading included alongside the entries, this innovative and accessible volume will be of great interest to students, scholars and practitioners alike.

This book helps power industry executives to systematically navigate the complex technological and organizational changes necessary to recreate power grids. This is especially pertinent in the current environment characterized by volatility, uncertainty, complexity, and ambiguity conditions. Across the globe, the electric power sector is facing many forces of change as it transitions from a fossil-based system to cleaner sustainable resources. Leaders in the power sector face unprecedented challenges in responding to these changes while continuing to provide safe, reliable, clean, and affordable electricity. Recognizing that historical and existing ways will not work, Jagoron Mukherjee and Marco C. Janssen present a new paradigm for industry leaders to tackle some of the key questions to determine the best path forward: What will the business be like in the future? What technologies will likely prevail? How should my company respond to constant change? How expensive will the transition be? Will the customer expectations be met? How fast do we need to change? Drawing on well-known management principles, the book helps industry leaders to provide a methodology to tackle these questions and sharpen their decisions as they embrace innovation, new customer expectations and digitization in their efforts to steer the energy transition. Taking a holistic problem-solving approach, which addresses the power company as a whole, Recreating the Power Grid will be a valuable resource for all professionals working in this quickly evolving field.

Critically assessing recent developments in environmental and tax legislation, and in particular low-carbon strategies, this timely book analyses the implementation of market-based instruments for achieving climate stabilisation objectives around the world. Through case studies and broader analysis, international experts examine taxes and subsidies in energy intensive sectors including stationary energy and transport in Europe and South America, and low-carbon strategies in Australia and East Asia. They also address cross-cutting policy issues involving water pollution and biodiversity protection. This work illustrates how economic instruments for a low-carbon transition need to align with other governmental policies and together influence behaviour in multiple domains such as energy, mobility, trade, land use and innovation. Providing a rich economic modelling of environmental fiscal policies, this topical book will be an engaging read for environmental tax scholars and professionals, as well as academics across energy and environmental economics, law and policy. Policy makers and practitioners in energy and climate policy will also benefit from its problem-solving approach. Contributors include: M.S. Andersen, E. Aydos, E. Belletti, M. Bisogno, C. Camara Barroso, Q. Changbo, G. Chazhong, J. Dellatte, B. Fenfen, L. Feng, S. Geringer, E. Guglyuvatyy, T. Iliopoulos, T. Kawakatsu, D. Kortschak, K. Kratena, V. Kulmer, A. Lerch, I. Meyer, M. Molinos-Senante, M. Pizzol, S. Rudolph, K. Schlegelmilch, S. Seebauer, M. Sommer, C. Sotiriou, N.P. Stoianoff, H. Thodsen, A. Tomo, J. Tumpel, M. Villar Ezcurra, Z. Zachariadis, J.M.M. Zanocchi

What happens when a radically-new fuel or technology transforms the energy system? How does the energy system evolve at different stages of economic development? What are the implications for people's lives and their environment? Building on an award-winning article, in this exciting book Roger Fouquet investigates the impacts of technological innovations and economic development over the last seven hundred years on our ability to provide heat, power, transport and light. Using a unique data set, collected over a decade, the analysis identifies the forces driving revolutions in energy services. It highlights the tendency of markets to produce ever-cheaper energy services, which in turn incite greater energy consumption. It also examines how these revolutions affect people's well-being and the environment. The framework, analysis and insights in this book offer an original perspective on future energy markets, transitions to low-carbon economies and strategies for addressing climate change. Heat, Power and Light is an invaluable and unique contribution to this profoundly important topic. As such it will appeal to a wide audience of energy economists, climate change analysts, policymakers, economic and technology historians and economists more broadly.