Description : An impressive piece of work that deserves to be on every European agricultural economist s bookshelf. Jean-Christophe Bureau, European Review of Agricultural Economics This is an excellent text that could be used in specialist academic courses in environmental and natural resource economics, ecological economics and cost benefit analysis, as well as in interdisciplinary courses in public policy, planning and environmental management. David James, Australasian Journal of Environmental Management Cost Benefit Analysis (CBA) is one of the most useful tools of applied economics for the social appraisal of public projects and government policies. Nick Hanley and Edward Barbier show how CBA can be applied to environmental policy choice and environmental resource management. They cover the conceptual underpinnings of CBA, practical methods for applying CBA, and a wide range of case study applications from Europe, North America and developing countries. Issues such as the value of ecosystem services and the special problems posed for CBA by environmental management are brought into close focus. The textbook is aimed at students on inter-disciplinary courses as well as those studying environmental economics, welfare economics and public policy. It will also be of interest to people in the policy community, NGOs and consultancy sectors.
Description : Acclaim for the first edition: 'This is an excellent text that could be used in specialist academic courses in environmental and natural resource economics, ecological economics and cost-benefit analysis, as well as in interdisciplinary courses in public policy, planning and environmental management.' - David James, Australasian Journal of Environmental Management
Description : The petroleum sector is possibly the largest and most dominant economic sector in the globalized economy. However, for reasons explored in this book, although none of the existing economic development models fit this sector in the past and apply even less today, no satisfactory alternative has presented itself. This book highlights the important reasons why current models fail to predict energy pricing with reasonable accuracy, and ventures into environmental and other problems with oil and gas production and associated economic decisions mounting across both developed as well as developing economies.
Description : Recent years have seen the widespread application of Natural Computing algorithms (broadly defined in this context as computer algorithms whose design draws inspiration from phenomena in the natural world) for the purposes of financial modelling and optimisation. A related stream of work has also seen the application of learning mechanisms drawn from Natural Computing algorithms for the purposes of agent-based modelling in finance and economics. In this book we have collected a series of chapters which illustrate these two faces of Natural Computing. The first part of the book illustrates how algorithms inspired by the natural world can be used as problem solvers to uncover and optimise financial models. The second part of the book examines a number agent-based simulations of financial systems. This book follows on from Natural Computing in Computational Finance (Volume 100 in Springer’s Studies in Computational Intelligence series) which in turn arose from the success of EvoFIN 2007, the very first European Workshop on Evolutionary Computation in Finance & Economics held in Valencia, Spain in April 2007.
Description : There is no question that water pricing and public-private partnership can improve water management practices in the future. However, this concept is neither the cure-all many proponents argue, nor the disaster its opponents forecast. Providing a comprehensive and objective assessment of what does and does not work, where, why and under what circumstances, this informative collection assesses the social, economic, equity and institutional implications. This cohesive set of carefully selected essays, the result of The Third World Centre for Water Management and the Inter-American Development Bank's decision to objectively and critically assess the experiences in these areas, transcends the current dogmatic debate on these complex issues. Providing an in-depth analysis and assessment of the main issues and constraints of water pricing, private sector participation and their affect on water supply, the collection draws on illustrative case studies from Argentina, Brazil, the USA and Western European countries amongst others. This is a special issue of the Journal of Water Resource Development.
Description : Given the growing urgency to develop global responses to a changing climate, The Carbon Fix examines the social and equity dimensions of putting the world’s forests—and, necessarily, the rural people who manage and depend on them—at the center of climate policy efforts such as REDD+, intended to slow global warming. The book assesses the implications of international policy approaches that focus on forests as carbon and especially, forest carbon offsets, for rights, justice, and climate governance. Contributions from leading anthropologists and geographers analyze a growing trend towards market principles and financialization of nature in environmental governance, placing it into conceptual, critical, and historical context. The book then challenges perceptions of forest carbon initiatives through in-depth, field-based case studies assessing projects, policies, and procedures at various scales, from informed consent to international carbon auditing. While providing a mixed assessment of the potential for forest carbon initiatives to balance carbon with social goals, the authors present compelling evidence for the complexities of the carbon offset enterprise, fraught with competing interests and interpretations at multiple scales, and having unanticipated and often deleterious effects on the resources and rights of the world’s poorest peoples—especially indigenous and rural peoples. The Carbon Fix provides nuanced insights into political, economic, and ethical issues associated with climate change policy. Its case approach and fresh perspective are critical to environmental professionals, development planners, and project managers; and to students in upper level undergraduate and graduate courses in environmental anthropology and geography, environmental and policy studies, international development, and indigenous studies.
Description : Is natural gas the ‘bridge’ to our low carbon future? If it replaces coal in the power industry and develops as an alternative transportation fuel, natural gas has the potential to play a greater role in the current low carbon energy transition. But such a future for natural gas is by no means certain. In this timely volume, Mike Bradshaw and Tim Boersma offer a sober and balanced assessment of a global gas industry whose fortunes hang in the balance. They examine the emergence of shale gas in North America and assesses the prospects for a wider shale gas revolution. Russia’s key role in global gas markets, is also explored, both in terms of the geopolitics of Russia-EU gas relations and the prospects for expanded Russian exports to the Asia-Pacific region. The exploitation of unconventional gas reserves and the expansion of liquefied natural gas (LNG) production capacity has indeed heralded a new age of plentiful and affordable natural gas. Yet, as the authors ably show, gas will not realise its potential unless it can displace coal in future energy demand growth in Asia and overcome the many geopolitical challenges that will shape its ongoing role in the global energy system.