Environmental Economics Essay

Environmental Economics Essay

Length: 1945 words (5.6 double-spaced pages)

Rating: Term Papers

Open Document

Essay Preview

With the rampant deterioration of the environment taking place, panic striking and scandalizing environmental issues like global warming and greenhouse effect making banner headlines in our news papers and bulletins. Entire world is busy in devising energy reforms that can save the planet from plunging deep into the pit of destruction and catastrophe. In order to counter the looming energy crisis that is engulfing the world, research scientists all over the world are busy brainstorming their ageing heads in order to devise reliable energy systems, which can prove effective in resolving environmental disasters. (Costanza, 1991)
In order to achieve this objective, substantial progress has been made in the form of accentuating greater usage for energy production and consumption by making use of renewable energy resources which do not undergo exhaustion unlike conventional resources of energy such as coal, oil and natural gas. Another reason due to which the significance of renewable resources has reached unprecedented levels is the economic feasibility involved and it is due to this importance a new discipline of environmental economics has invaded the ecological mainstream this century. According to the National Bureau of Economic Research the environmental economics is the science of empirical and theoretical studies which studies the effect of ‘national or local environmental policies around the world’ it further deals with the economic aspects of environmental policies through cost benefit analysis and ways to counter the rising threat of air pollution, global warming and water quality.
As said earlier, progress on the development and the subsequent extraction of energy benefits from such resources is in pro...

... middle of paper ...

...ncy than gasoline. (Sorenson 2005)

Kosltad D. Charles ‘Environmental Economics’ Second Edition, 2010
Vegiroglu T. Nejat, Schur, Dmitry ‘Hydrogen Material Science and Carbon Nanomaterials’ Kluwer Academic 2004
Freudenberger, Richard ‘Alcohol: A guide to making Ethanol a Renewable Fuel’ Aztext Press 2009
Sorenson, Bent ‘Hydroegn and Fuel Cells: Emerging Technologies and Applications’ Academic Press 2005
Costanza, Robert ‘Ecological Economies: the Science and Management of Sustainability’ Columbia University Press 1991
Olah A. George, Goeppert Alain, Surya.G.K ‘Beyond Oil and Gas: the Methanol Economy’ Wiley-VCH 2009
Mathew, Sathyajit ‘Wind Energy: Fundamentals, resource analysis and economics’ Birkhauser 2006
Beene, John ‘Nickel Beta decay as driver for LENR’ 8 June 2010

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Environmental Economics: Market Failures Essays

- “Most environmental and natural resource problems arise because of market failure, therefore solving these problems could be easily achieved through the appropriate extension of markets.” Critically evaluate this statement with reference to specific examples of pollution, natural resources and environmental public goods. The market represents a decentralized exchange mechanism that allows society to allocate resources efficiently. (National Oceanic and Atmospheric Administration, 2011) An example of a perfect market for the supply and demand for oysters is shown in Figure 1....   [tags: Protecting the Environment]

Term Papers
931 words (2.7 pages)

Environmental Economics and Government Policy Essay

- Economists often talk about letting the economy work through the mechanism of the free market versus government control and regulation. Some believe that if the market is allowed to "do its thing" unprohibited and without government interference, then resources will be allocated efficiently, equilibrium will be found, and so on… However, this is not always possible. Of course, government control is not perfect either. Thus, it would seem that at times the market may be more appropriate than the government; other times the government may be needed because the market is not able to function properly; and other times a combination of the two working in unison may provide the best and mos...   [tags: Economics and Community]

Term Papers
3398 words (9.7 pages)

Essay on Book Review of Principles of Environmental and Resource Economics

- Book review Folmer H, Gabel HL: Principles of environmental and resource economics: A guide for students and decision-makers CAIS MAIN (Level 1) HC79 E5 P957 This book consists of 22 contributed chapters that provide an excellent introduction to important topics in the field of environmental and resource economics. The contributors consist of many leading scholars in the field. The book is explicitly targeted as a teaching tool for upper-level undergraduates as well as a reference for practitioners and researchers....   [tags: text, policy, market]

Term Papers
950 words (2.7 pages)

An Individual 's Life That Plays A Role For Social, Economics, Physical, And Environmental Determinants Of

- There are many different factors that take place in an individual’s life that plays a role in how they live. It is important to be familiar with those factors that are found in the communities, because those factors can either be causing good health or harm to individuals (WHO, 2016). This paper will discuss the factors contributing to social, economics, physical, and environmental determinants of health in a community known as, Vista Alegre. Social Determinants Social determinants include factors, which involve an individual’s health condition pertaining to their way of living (Healthy People 2020, 2016)....   [tags: Health, Public health, The Residents, Nutrition]

Term Papers
951 words (2.7 pages)

Essay on World's Demand for Fossil Fuels

- Worlds demand for fossil fuels Social and economic development has brought an age of high energy consumption and demand. Over the last two hundred years energy consumption in the four economic sectors (residential & commercial, industrial, transportation and electric power) has increased globally and in the next two decades global energy use will rise significantly. Our energy use however depends in large part on fossil fuels, Despite the fact they are cause of serious environmental impact (contributing to green house gasses causing global warming), can be source of political tensions, and they are finite sources of energy....   [tags: energy, environmental impact, economics]

Term Papers
2158 words (6.2 pages)

Essay about Friedman and Scruton: Critique of Suggestions for the Future

- Many different groups have taken their stance on the future of America in terms of population and environment such as the Malthusians, the Neo-Malthusians, and those who believe in the Marxist demographic perspective. Malthusians seem to be the most pessimistic of all, suggesting that the population of America and food supply increase at different rates, and ultimately there will be an inadequate supply of goods to keep people alive, unless a check (sexual restraint) is used to reduce the forthcoming population....   [tags: environmental aspects in politics & economics]

Term Papers
1120 words (3.2 pages)

Green economics: The other side of the grass Essay

- Green economics: The other side of the grass President Barrack Obama in his first speech to the Congress of the United States presented the idea of a green economic solution for some of the troubles facing the United States economy. The potential and the flaws of the idea of green economics have since entered the debate of citizen and politician alike (Goldenberg). Globally, the idea of a green market has begun to attract more attention than ever. The state of the global economic situation is dire....   [tags: Environmental Issues]

Term Papers
1275 words (3.6 pages)

Antidumping and the WTO Essay example

- Antidumping and the WTO While antidumping doesn't get a lot of press, it is certainly one of the biggest issues that the WTO is dealing with today. During the recent WTO Ministerial Conference in Seattle, much was mage about protesters who were demanding higher environmental standards or international labor standards. Little was mentioned about antidumping. However, In the midst of the many demonstrators there were steel workers and members of other union organizations like the AFL-CIO who were there to defend US antidumping laws....   [tags: Economy Economics Environmental Essays]

Term Papers
3984 words (11.4 pages)

Industrialization, Economics, and the Environment Essay

- Industrialization, Economics, and the Environment Human technological advancements make it possible to sustain larger and larger population by exploiting more and more natural resources. The three revolutions in human history, agricultural, industrial and green have all been answers to overpopulation. Naturally, industrialization leads to environmental degradation. The concern with Industrialization is that it is not a long term solution to human sustainability, since it operates under the premise of the tech fix, or the idea that humans will be able to invent new technologies to ensure their own survival....   [tags: Environment Environmental Pollution Preservation]

Term Papers
1953 words (5.6 pages)

Essay on Proliferation

- Proliferation There are legitimate concerns that people can have about a reliance on nuclear power. The biggest problem being that we need to find a place to put all of the waste. However the amount of waste that is the result of one person in their lifetime could be held in one’s hand. If residents got over their NIMBY complex then waste disposal could go by much quicker. It is imperative that the government officials choose adequate sites to store the waste but residents need to realize what must be done and allow them to do what they need to do....   [tags: Politics Environmental Economics Essays]

Free Essays
1053 words (3 pages)