This important book provides a comprehensive analysis of
technological change and environmental policy within the oil and
gas industry. It identifies and measures the impact of
technological change, both in market and environmental output
sectors and takes steps to identify key causal relationships. The
author focuses on the design and implementation of environmental
policies that encourage technological progress in the face of the
depletion of natural resources and the increasing stringency of
environmental regulations. Detailed policy scenarios provide
quantitative assessments indicating the significance of the
potential benefits of technological change and well-designed
environmental policy. With a sophisticated description of
innovations within the oil and gas industry, this book will be of
great interest to postgraduate students in economics, as well as in
public policy, business administration and engineering. It will
also appeal to practitioners in the energy industry and energy and
environmental policymakers as it demonstrates how successful market
and environmental policies can contribute to efficiency by
encouraging, rather than inhibiting, technological innovation.
General
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