Key Features
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The only reference work that codifies the relationships among the three subdisciplines: energy economics, resource economics and environmental economics. Understanding these relationships just became simpler!
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Nobel Prize Winning Editor-in-Chief (joint recipient 2007 Peace Prize), Jason Shogren, has demonstrated excellent team work again, by coordinating and steering his Editorial Board to produce a cohesive work that guides the user seamlessly through the diverse topics.
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This work contains in equal parts information from and about business, academic, and government perspectives and is intended to serve as a tool for unifying and systematizing research and analysis in business, universities, and government.
Description
Every decision about energy involves its price and cost. The price of gasoline and the cost of buying from foreign producers; the price of nuclear and hydroelectricity and the costs to our ecosystems; the price of electricity from coal-fired plants and the cost to the atmosphere. Giving life to inventions, lifestyle changes, geopolitical shifts, and things in-between, energy economics is of high interest to Academia, Corporations and Governments.
For economists, energy economics is one of three subdisciplines which, taken together, compose an economic approach to the exploitation and preservation of natural resources:
- energy economics, which focuses on energy-related subjects such as renewable energy, hydropower, nuclear power, and the political economy of energy
- resource economics, which covers subjects in land and water use, such as mining, fisheries, agriculture, and forests
- environmental economics, which takes a broader view of natural resources through economic concepts such as risk, valuation, regulation, and distribution
Although the three are closely related, they are not often presented as an integrated whole. This Encyclopedia has done just that by unifying these fields into a high-quality and unique overview.
Readership
University and research libraries, especially with collections in economics or earth sciences; corporations engaged in these utility services: electric power, natural gas, steam supply, water supply, and sewage removal; and government agencies regulating these utilities in the generation, transmission, and distribution of energy and the treatment of waste.
Encyclopedia of Energy, Natural Resource, and Environmental Economics, 1st Edition
1. Energy
Climate change and policy
Carbon Cap and Trade
Carbon Offsets
Carbon Taxes
Clean Development Mechanism
Climate change and food situation
Dealing with the Uncertainty about Climate Change
Double Dividend
Economics of Forest Carbon Sequestration as a Climate Change Mitigation Strategy
Intergovernmental Panel on Climate Change (IPCC)
International Climate Treaties and Coalition Building
1. Energy
Markets/technology innovation/adoption/diffusion
Diffusion of Energy-saving technologies
Energy-efficiency gap
Impacts of Innovation: Lessons from the Empirical Evidence
Modeling Technological Change in Economic Models of Climate Change
Policy Incentives for Energy and Environmental Technological Innovation: Lessons from the Empirical Evidence
Technological change and climate-change policy
Technological Change and the Marginal Cost of abatement
Technological lock-in
Technology and environmental policy
1. Energy
Non-renewable Fossil/Nuclear/Electricity Markets
Coal: Prospects in the Twenty-First Century-Exhaustion Trumped by Global Warming?
Economics of Peak Oil
Green Micro-Accounting for Oil Extraction
Modeling Reserve Growth in Natural Gas Fields
Natural Gas Networks
Price Dynamics in Domestic Energy Markets
1. Energy
Renewable/Alternative 1. Energy
Economic Implications of Wind Power Intermittency
Economics of Biofuels: An Overview
Economics of Technology Learning in Wind Power
Economics of Wind Power: An Introduction
Hydropower Economics: An Overview
Measuring the Environmental Externalities of Offshore Wind Power: The Case of Visual Disamenities
Measuring the Environmental Externalities of Onshore Wind Power
Residential Energy Demand
2. Resources
Media non-biological
Economics of Exploration for and Production of Exhaustible Resources
Economics of Groundwater
Economics of Market Power in the Extraction of Nonrenewable Resources
Theory and Practice of Fisheries and Water Economics
2. Resources
Media: Biological
Economics and Ecology of Open-Access Fisheries
Economics of Agricultural Residuals and Overfertilization: Chemical Fertilizer Use, Livestock Waste, Manure Management, and Environmental Impacts
Economics of Pest Control
Hunting and Exploitation of Terrestrial Animal Species
REDD
2. Resources
Microeconomics
Economic Analysis of Forest Product Markets
Forest Management and Climate Change
Joint Production of Good and Bad Outputs with a Network Application
Spatial Management of Renewable Natural Resources
Voluntary resource conservation and environmental management in agriculture and forestry
2. Resources
Policy Tools
Conservation Easements: Tools for Conserving and Enhancing Ecosystem Services
Deforestation and Forest Degradation: Concerns, Causes, Policies and their Impacts
Exclusive Economic Zone
Externality Regulation in Oil and Gas
Fishery Cooperatives as a Management Institution
Forest taxation
Individual transferable quotas in fisheries
International Trade and the Conservation of Renewable 2. Resources
Land Use Policies in the U.S. for Protecting Biodiversity and Ecosystem Services
Protecting Marine Ecosystems in Fishery Regulation
Regulated Open Access and Regulated Restricted Access Fisheries
Taxation of Nonrenewable Resources
Territorial Use Rights in Fisheries (TURF)
Tree Plantations and Genetics in Forestry
Water Crises, Water Rights, and Water Markets
2. Resources
Theoretical Tools
Carbon Leakage
Cartel versus Fringe Models
Differential Games and Resources
Diffusion and Spatial Aspects
Discounting
Experiments on Common Property Management
Games and Resources
Green Paradox
Hartwick's Rule
Optimal Control and Resources
Option Value and Precaution
Regime Shift and Management
Regime Shifts: Early Warnings
3. Environment
Allocation Tools
Bayesian Decision Theory and Climate Change
Coasean Bargaining
Environmental and Natural Resource Economics: Decisions under Risk and Uncertainty
Environmental Cost-Benefit Analysis
Environmental Ethics for Environmental Economists
Ethics, Economics, and Decision Rules for Climate Change
Governance of Common-Pool Resources
Lindahl Pricing for Public Goods and Experimental Auctions for the Environment
Managing Catastrophic Risk
Optimization Across Space
Payments for Ecosystem Services: Mechanisms to Achieve Desired Landscape Patterns
Property Rights and the Environment
3. Environment
Media
Agricultural Sources of Water Pollution
Economics of Pesticide Use and Regulation
Hazardous Substances
Local/Regional Air Pollution from Stationary Sources
Waste Disposal and Recycling
Water Pollution from Industrial Sources
Water Pollution from Oil Spills
Wetlands and Coastal Estuaries
3. Environment
Policies/Incentives
Deposit-Refund Systems in Practice and Theory
Eco-labeling
Economics of Nonpoint Pollution
Enforcement
European Union’s Emissions Trading Scheme
Green Tax Design in the Real (Second-Best) World
Information Programs
Liability Rules and the Environment
Price Instruments
Prices versus Quantities
Quantity Instruments
SO2 Program
Standards
Superfund Program
Voluntary Approaches to Environmental Protection
3. Environment
Political Economy
Contest Models and Environmental Policy
Democracy, Political Institutions, and Environmental Policy
Empirical Methods for Political Economy Analyses of Environmental Policy
Environmental Conflict and Natural Resources
Environmental Federalism: Empirics
Environmental Justice: The Experience of the United States
Lobbying, Voting and Environmental Policy: Theory
Political Acceptability of Incentive-based Mechanisms
Political Economy and the Interaction between International Trade and Environmental Policies
Political Economy of Instrument Choice
Political Economy of International Environmental Agreements
Strategic Environmental Policy
3. Environment
Valuation Tools
Averting Behavior
Benefit Transfer
Contingent Valuation Method
Hedonics
Travel Cost Model
Value of a Statistical Life
