Environmental economics Books

Book SynopsisThis comprehensive and accessible textbook addresses important relationships between economics and environmental policy, especially highlighting the role of taxation. It also connects environmental policy to social accounting by describing how measures of welfare and sustainable development depend on whether policies successfully internalize market failures.The authors discuss how the modern literature on environmental taxation and tradable permits has evolved. Environmental taxation is examined from a purely corrective perspective, and as part of a broader system of optimal taxation that reflects distributional objectives. Cost benefit rules of environmental policy reforms are also examined in various contexts. Key features include: ? Examination of optimal tax policy in static and dynamic general equilibrium models with environmental externalities? Examination of cost benefit rules for environmental policy reforms? Essential historical background to the modern literature on environmental policy? Discussion of measures of welfare and sustainable development? Environmental policy from a fiscal federalism perspective. This textbook will be essential reading for those studying environmental economics and environmental policy, working effectively as both an in-depth supplementary text in general courses on environmental economics and a strong main source for environmental policy courses.Trade Review'This new textbook presents a detailed analysis of the theoretical insights which economics has been able to shed on the issue of pollution control in both static and dynamic models. The text will be very useful to PhD students who are interested in modelling pollution taxes and tradeable permit markets. A fascinating extension to how governments can correct market failures with respect to possible ''catastrophic'' problems brought about by investments in nuclear energy is also presented. The second part of the book extends the analysis, looking at the problem of measuring social welfare over time, and in particular how a genuine savings indicator can be produced, and then adjusted for imperfections in the economy. This links to current theoretical and policy work on ''inclusive wealth'' and natural capital, which is proving very influential within and beyond economics. The issues of commodity taxes, environmental policy within a federal system, and how best to respond to transboundary externalities such as climate change are also analysed. For those readers looking for a detailed, thoughtful and technical treatment of these subjects, this book will provide a valuable resource.' --Nick Hanley, University of St Andrews, UKTable of ContentsContents: 1. Introduction 2. A Brief History of Economics and Environmental Policy 3. Markets and Externalities 4. Welfare and the Environment: General Equilibrium Models 5. Nuclear Power and Externalities 6. Welfare Comparisons, Public Policy, and Sustainable Development 7. Heterogeneity and Redistribution 8. Efficiency, Inefficiency, and Transboundary Externalities Index

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Book SynopsisGovernments around the globe have begun to implement various actions to limit carbon emissions and so, combat climate change. This book brings together some of the leading scholars in environmental and climate economics to examine the distributional consequences of policies that are designed to reduce these carbon emissions.Whether through a carbon tax, cap-and-trade system or other mechanisms, most proposals to reduce carbon emissions include some kind of carbon pricing system - shifting the costs of emissions onto polluters and providing an incentive to find the least costly methods of abatement. This standard efficiency justification for pricing carbon also has important distributional consequences - a problem that is often ignored by economists while being a major focus of attention in the political arena. Leading scholars in environmental and climate economics take up these issues to examine such questions as: Will the costs fall on current or future generations? Will they fall on the rich, poor, middle class, or on everyone proportionally? Which countries will benefit, and which will suffer?Students and scholars interested in climate change, along with policy makers, will find this lively volume an invaluable addition to the quest for information on this globally important issue.Contributors include: S. Barrett, G.S. Becker, J. Blonz, C. Boehringer, D. Burtraw, M.A. Cohen, M. Deshpande, S. Devarajan, J. Elliott, C. Fischer, I. Foster, D. Fullerton, R. Goettle, M. Greenstone, T. Hertel, G. Heutel, M.S. Ho, D.W. Jorgenson, K. Judd, L. Kaplow, C.D. Kolstad, S. Kortum, A.M. Levinson, R.D. Ludema, G.E. Metcalf, E. Moyer, T. Munson, K.M. Murphy, S. Paltsev, I.W.H. Parry, W. Randolph, S. Rausch, J.M. Reilly, K.E. Rosendahl, D.T. Slesnick, R.H. Topel, M.A. Walls, D.A. Weisbach, M.L. Weitzman, P.J. Wilcoxen, R.C. WilliamsTable of ContentsContents: Acknowledgements Introduction: Mark A. Cohen, Don Fullerton and Robert H. Topel 1. Gary S. Becker, Kevin M. Murphy and Robert H. Topel (2010), ‘On the Economics of Climate Policy’ 2. Manasi Deshpande and Michael Greenstone (2010), ‘Comment on “On the Economics of Climate Policy”: Is Climate Change Mitigation the Ultimate Arbitrage Opportunity?’ 3. Louis Kaplow, Elisabeth Moyer and David A. Weisbach (2010), ‘The Social Evaluation of Intergenerational Policies and Its Application to Integrated Assessment Models of Climate Change’ 4. Martin L. Weitzman (2010), ‘Comment on “The Social Evaluation of Intergenerational Policies and Its Application to Integrated Assessment Models of Climate Change”’ 5. Don Fullerton and Garth Heutel (2010), ‘Analytical General Equilibrium Effects of Energy Policy on Output and Factor Prices’ 6. Samuel Kortum (2010), ‘Comment on “Analytical General Equilibrium Effects of Energy Policy on Output and Factor Prices”’ 7. Joshua Blonz, Dallas Burtraw and Margaret A. Walls (2010), ‘Climate Policy’s Uncertain Outcomes for Households: The Role of Complex Allocation Schemes in Cap-and-Trade’ 8. Arik M. Levinson (2010), ‘Comment on “Climate Policy’s Uncertain Outcomes for Households: The Role of Complex Allocation Schemes in Cap-and-Trade”’ 9. Ian W.H. Parry and Roberton C. Williams III (2010), ‘What are the Costs of Meeting Distributional Objectives for Climate Policy?’ 10. William Randolph (2010), ‘Comment on “What are the Costs of Meeting Distributional Objectives for Climate Policy?”’ 11. Sebastian Rausch, Gilbert E. Metcalf, John M. Reilly and Sergey Paltsev (2010), ‘Distributional Implications of Alternative U.S. Greenhouse Gas Control Measures’ 12. Shanta Devarajan (2010), ‘Comment on “Distributional Implications of Alternative U.S. Greenhouse Gas Control Measures”’ 13. Dale W. Jorgenson, Richard Goettle, Mun S. Ho, Daniel T. Slesnick and Peter J. Wilcoxen (2010), ‘The Distributional Impact of Climate Policy’ 14. Thomas Hertel (2010), ‘Comment on “The Distributional Impact of Climate Policy”’ 15. Joshua Elliott, Ian Foster, Kenneth Judd, Elisabeth Moyer and Todd Munson (2010), ‘CIM-EARTH: Framework and Case Study’ 16. Don Fullerton (2010), ‘Comment on “CIM-EARTH: Framework and Case Study”’ 17. Christoph Boehringer, Carolyn Fischer and Knut Einar Rosendahl (2010), ‘The Global Effects of Subglobal Climate Policies’ 18. Rodney D. Ludema (2010), ‘Comment on “The Global Effects of Subglobal Climate Policies”’ 19. Charles D. Kolstad (2010), ‘Equity, Heterogeneity and International Environmental Agreements’ 20. Scott Barrett (2010), ‘Comment on “Equity, Heterogeneity and International Environmental Agreements”’

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Book SynopsisIf you're interested in the cutting-edge of the very best thinking on economics and the environment, it's right here. Boyce has done a masterful job integrating issues of equity and ecological thinking into economics, and presenting deep and important ideas accessibly with the latest research to back them up. Not just recommended, but essential.'- Juliet Schor, Boston College, US and author of True Wealth: How and Why Millions of Americans are Creating a Time-rich, Ecologically-light, Small-scale, High-satisfaction Economy'A colleague of mine puts it best: when thinking about the fundamentals of the economy and the environment, there is Pigou, Coase, and Boyce. Boyce adds to traditional economics the critical understanding that social power is a determinant of the extent and spatial scale of environmental degradation. In these essays, on subjects ranging from housing and credit markets to agriculture and globalization, Boyce mixes a data-driven picture of unequal environmental protection with a keen and useful discussion of the many forms of social power that can help right the scales.'- Eban Goodstein, Bard College, USThis fascinating volume has at its heart a simple but powerful premise: that a clean and safe environment is not a commodity to be allocated on the basis of purchasing power, nor a privilege to be allocated through political power, but rather a basic human right. Building upon this premise, James K. Boyce explores the many ways in which economics can be refashioned into an instrument for advancing human well-being and environmental health.Comprising a decade's worth of essays written since the publication of the author's pathbreaking book, The Political Economy of the Environment (2002), this volume discusses a number of diverse environmental issues through an economist's lens. Topics covered include environmental justice, disaster response, globalization and the environment, industrial toxins and other pollutants, cap-and-dividend climate policies, and agricultural biodiversity.The first economics book to explore the idea that the environment belongs in equal measure to us all, this pioneering volume will hold great interest for students, professors and researchers of both economics and environmental studies.Contents: 1. The Environment as Our Common Heritage 2. Is Inequality Bad for the Environment? 3. In the Wake of the Storm: Disasters and Environmental Justice 4. Justice in the Air: Tracking America's Industrial Toxics 5. Where Credit is Due 6. Cap and Dividend: Carbon Revenue as Common Wealth 7. A Chinese Sky Trust 8. A Future for Small Farms 9. Globalization and Our Environmental Future IndexTrade Review'If you're interested in the cutting-edge of the very best thinking on economics and the environment, it's right here. Boyce has done a masterful job integrating issues of equity and ecological thinking into economics, and presenting deep and important ideas accessibly with the latest research to back them up. Not just recommended, but essential.' - Juliet Schor, Boston College, US and author of True Wealth: How and Why Millions of Americans are Creating a Time-rich, Ecologically-light, Small-scale, High-satisfaction Economy 'A colleague of mine puts it best: when thinking about the fundamentals of the economy and the environment, there is Pigou, Coase, and Boyce. Boyce adds to traditional economics the critical understanding that social power is a determinant of the extent and spatial scale of environmental degradation. In these essays, on subjects ranging from housing and credit markets to agriculture and globalization, Boyce mixes a data-driven picture of unequal environmental protection with a keen and useful discussion of the many forms of social power that can help right the scales.' --- Eban Goodstein, Bard College, USTable of ContentsContents: 1. The Environment as Our Common Heritage 2. Is Inequality Bad for the Environment? 3. In the Wake of the Storm: Disasters and Environmental Justice 4. Justice in the Air: Tracking America’s Industrial Toxics 5. Where Credit is Due 6. Cap and Dividend: Carbon Revenue as Common Wealth 7. A Chinese Sky Trust 8. A Future for Small Farms 9. Globalization and Our Environmental Future Index

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Book SynopsisWithin the United States, minority and low-income communities currently bear a disproportionate amount of risk associated with pollution and other harmful environmental practices. The environmental justice movement is working to change this fact, promoting the fair and non-discriminatory treatment of all people with respect to environmental issues, policies, and regulations. This fascinating and timely volume explores the relationship between environmental justice and the government, offering a comprehensive introduction to the legal, economic, and philosophical concerns involved in pursuing environmental justice goals within a federalist system.The authors discuss two case studies in their investigation of the complex interactions between environmental justice and government. These analyses offer a comprehensive view of both the siting and regulation of polluting activities, as well as a discussion of the effects on major natural resources such as clean air and drinking water. In each case, the authors both describe current government responses to the problem and offer specific recommendations regarding what actions should be taken in the future.This authoritative book will make an invaluable addition to courses in environmental law and policy. Professionals and policymakers working in disciplines such as law, economics, environmental science, philosophy and political science will also find this a comprehensive and critical reference.Contents: Preface 1. Federalism and the Pursuit of Environmental Justice 2. Establishing an EJ Claim of Disparate-Impact Discrimination 3. Clean Air, EJ, and Facility Siting in the Phoenix Metropolitan Area 4. Environmental Justice and Enforcement of the Safe Drinking Water Act: The Arizona Arsenic Experience 5. Environmental Federalism and Addressing EJ Concerns 6. Community Involvement and Substantive Environmental Justice 7. Environmental Justice in the U.S.: Looking Ahead References AppendicesTable of ContentsContents: Preface 1. Federalism and the Pursuit of Environmental Justice 2. Establishing an EJ Claim of Disparate-Impact Discrimination 3. Clean Air, EJ, and Facility Siting in the Phoenix Metropolitan Area 4. Environmental Justice and Enforcement of the Safe Drinking Water Act: The Arizona Arsenic Experience 5. Environmental Federalism and Addressing EJ Concerns 6. Community Involvement and Substantive Environmental Justice 7. Environmental Justice in the US: Looking Ahead Appendices References Index

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Book SynopsisThis Handbook demonstrates the well-established body of thinking on sustainable development which now exists, and its tighter focus today on limits to current economic growth patterns. But while there have been lots of big global debates on planetary boundaries, and thresholds for critical resources, there has been little progress on the ground and in getting the politics right. Contributing authors show that many of the models we use to understand and manage relations between planet, people and profit are hopelessly mis-specified. But better tools exist, such as sustainability indicators, national environmental accounts, and the ecological footprint to help bridge this gap.'- Camilla Toulmin, International Institute for Environment and Development (IIED), UK'There is now wide recognition that current patterns of economic development are already putting great strains on resources, environment and the climate and that, if continued, the consequences could undermine or reverse past development gains and, possibly, lead to catastrophe. In other words our current paths are unsustainable. This Handbook provides a very thorough, thoughtful and valuable contribution to our understanding of the possible meanings of sustainable development, how it can be understood and calibrated, and characteristics of and choices around alternative paths. This is a subject that should be at the centre of the study of development and encompasses many disciplines. And it should be a subject that commands the attention of all those who think carefully about our future well-being; they will find this Handbook fascinating and essential reading.'- Lord Nicholas Stern, London School of Economics and Political Science, UKThis timely and important Handbook takes stock of progress made in our understanding of what sustainable development actually is and how it can be measured and achieved.This fully updated and revised second edition captures recent developments in the field, including 14 new chapters by internationally renowned authors from a variety of perspectives and disciplines. The authors explain that the gap between public commitments to sustainable development and real-world action towards achieving it is still significant, but not insurmountable, and that opportunities do exist to reduce that margin. Contributors synthesize the established knowledge and clearly present cutting-edge concepts from the frontier of sustainability research with direct relevance to theory and practice. Topics covered include: the fundamentals of sustainability; equity within and between generations; the capital approach; green growth; measurements and indicators of sustainability; climate change and wellbeing.This accessible, comprehensive and multidisciplinary approach to exploring the theory and practice of sustainable development will prove an invaluable reference tool for researchers, students, academics and practitioners with an interest in the field of sustainable development.Contributors: W.N. Adger, S. Afionis, J. Agyeman, M. Agarwala, J.A. Allan, G.B. Asheim, G. Atkinson, R.M. Auty, E.B. Barbier, A. Bowen, C. Carraro, M.A. Cole, G. Cranston, S. Dietz, L. Dupuy, O. Edenhofer, P. Ekins, S. Fankhauser, T.J. Foxon, A. Galli, G. Gosnell, A. Gouldson, R. Green, K. Hamilton, G. Heal, C. Hepburn, J. Hodbod, T. Jackson, S. Kadner, B. Kristr m, G.-M. Lange, P. Lawn, A. Lucchesi, G. Luderer, J.A. McGregor, G. McNicoll, J.C. Morales, Y. Mulugetta, E. Naikal, E. Neumayer, B.G. Norton, D. Pearce, A. Randall, Y. Rydin, G. Schwerhoff, R. Sullivan, A. Thompson, C.A. Tisdell, J.C.J.M. van den Bergh, J. Vogler, C. von Stechow, M. Wackernagel, A. Winkels, G. Yohe, Z. ZhangTrade Review‘This Handbook demonstrates the well-established body of thinking on sustainable development which now exists, and its tighter focus today on limits to current economic growth patterns. But while there have been lots of big global debates on planetary boundaries, and thresholds for critical resources, there has been little progress on the ground and in getting the politics right. Contributing authors show that many of the models we use to understand and manage relations between planet, people and profit are hopelessly mis-specified. But better tools exist, such as sustainability indicators, national environmental accounts, and the ecological footprint to help bridge this gap.’ -- Camilla Toulmin, International Institute for Environment and Development (IIED), UK‘The Handbook of Sustainable Development comprehensively explores our understanding of ‘sustainable development’ in a -- holistic and multidisciplinary approach. . . Overall the Handbook of Sustainable Development is well-written and interesting, and thus it is highly recommended.’– Daniel Gaita´n-Cremaschi, European Review of Agricultural Economics‘There is now wide recognition that current patterns of economic development are already putting great strains on resources, environment and the climate and that, if continued, the consequences could undermine or reverse past development gains and, possibly, lead to catastrophe. In other words our current paths are unsustainable. This Handbook provides a very thorough, thoughtful and valuable contribution to our understanding of the possible meanings of sustainable development, how it can be understood and calibrated, and characteristics of and choices around alternative paths. This is a subject that should be at the centre of the study of development and encompasses many disciplines. And it should be a subject that commands the attention of all those who think carefully about our future well-being; they will find this Handbook fascinating and essential reading.’ -- Lord Nicholas Stern, London School of Economics and Political Science, UK‘The second edition of the Handbook of Sustainable Development illustrates how sustainable development has blossomed into an entirely new problem set for twenty-first century environment dilemmas. It cals into question conceptions of national and international prosperity long employed by elected officials and government analysts, and presents a cascade of methods for integrating the value of non-human nature into policy decisions over unconventional timelines. ... the Handbook could easily serve as handy introduction for academics and practitioners unfamiliar with the economics of sustainable development at the national and international scale.’ -- Claudia E. Henninger and Robert Boyer, Journal of Cleaner ProductioTable of ContentsContents: Preface 1. Introduction Giles Atkinson, Simon Dietz, Eric Neumayer and Matthew Agarwala PART I: FUNDAMENTALS OF SUSTAINABLE DEVELOPMENT 2. Comprehensive Wealth Accounting and Sustainable Development Kirk Hamilton and Esther Naikal 3. Sustainable Development in Ecological Economics Jeroen C.J.M. van den Bergh 4. Strong Sustainability and Critical Natural Capital Paul Ekins 5. Ecosystems as Assets Edward B. Barbier 6. Ecological and Social Resilience W. Neil Adger and Jennifer Hodbod PART II EQUITY ACROSS GENERATIONS 7. Ethics and Sustainable Development: The Virtues of an Adaptive Approach to Environmental Choice Bryan G. Norton and Allen Thompson 8. Equitable Intergenerational Preferences and Sustainability Geir B. Asheim 9. Evaluating Impacts in the Distant Future: Cost–benefit Analyses, Discounting, and the Alternatives Cameron Hepburn and Greer Gosnell 10. Weak Sustainability, Conservation, and Precaution Alan Randall PART III EQUITY WITHIN GENERATIONS 11. Distribution, Sustainability and Environmental Policy Geoffrey Heal and Bengt Kristrӧm 12. Environmental Justice and Sustainability Julian Agyeman 13. Vulnerability, Poverty and Sustaining Well-being W. Neil Adger and Alexandra Winkels 14. Human Wellbeing and Sustainability: Interdependent and Intertwined J. Allister McGregor PART IV: GROWTH, CONSUMPTION AND NATURAL CAPITAL 15. Green Growth Alex Bowen 16. Economic Growth and the Environment Matthew A. Cole and Andrea Lucchesi 17. The Resource Curse and Sustainable Development Richard M. Auty 18. Sustainable Consumption Tim Jackson 19. Population and Sustainability Geoffrey McNicoll 20. Technological Lock-in and the Role of Innovation Timothy J. Foxon PART V: PROGRESS IN MEASURING SUSTAINABLE DEVELOPMENT 21. Environmental Accounting Glenn-Marie Lange 22. Genuine Saving as an Indicator of Sustainability Kirk Hamilton and Esther Naikal 23. Measuring Sustainable Economic Welfare Philip Lawn 24. Ecological Footprint Accounts Mathis Wackernagel, Gemma Cranston, Juan Carlos Morales and Alessandro Galli PART VI: THE INTERNATIONAL SETTING 25. International Trade and Sustainable Development Louis Dupuy and Matthew Agarwala 26. International Environmental Cooperation Carlo Carraro 27. The International Politics of Sustainable Development John Vogler 28. Financing for Sustainable Development Samuel Fankhauser and David Pearce PART VII: DIMENSIONS OF SUSTAINABILITY 29. Climate Change Adaptation: A Risk-management Approach Gary W. Yohe 30. Linking Climate Change Mitigation Research to Sustainable Development Ottmar Edenhofer, Susanne Kadner, Christoph von Stechow, Gregor Schwerhoff and Gunnar Luderer 31. Sustainable Development of Water Resources Matthew Agarwala and Tony Allan 32. Sustainable Agriculture Clement A. Tisdell 33. Sustainable Energy Policy Richard Green, Yacob Mulugetta and ZhongXiang Zhang 34. Sustainable Cities and Local Sustainability Yvonne Rydin 35. Corporate Social Responsibility, Sustainability, and the Governance of Business Andy Gouldson, Rory Sullivan and Stavros Afionis Index

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Book SynopsisA fresh and up-to-date discussion of Russia's manifold environmental crises, using the results of an elite survey and a framework based on the civil society literature. I believe this is the best treatment of its subject that is presently available and, given Russia's enormous territorial extent, it is a study that has important implications for everyone who has any concern for the future of Planet Earth.'- Stephen White, University of Glasgow, UKIn recent years, international, inter-governmental entities have acknowledged the importance of civil society for engaging stakeholders in environmental change, especially at the local community level, and in promoting democracy. In Russia, efforts by NGOs to promote reform since the fall of the Soviet Union have been aimed at achieving both objectives. This fascinating and highly illuminating book explores the political, legal, and attitudinal barriers to environmental reform in Russia since 1991.The authors, renowned experts in the field, explore efforts to develop a mature civil society in Russia, and analyze the policy views of environmental groups, the media, and the scientific community. Three important case studies underpin the study: suspended plans to build an oil pipeline near Lake Baikal; management of Cold War-generated radioactive waste at Chelyabinsk; and public reaction to the introduction of genetically modified foods. The conclusion is that although civil society groups face obstacles in the form of apathy, state-imposed constraints on their activities, and agency reluctance to confer on decisions, there are some successes in reversing decisions due in part to NGO pressures yielding reform.This path-breaking book will be of enormous interest to scholars, researchers and students focusing on comparative environmental policy and politics, contemporary public policy in Russia, and international politics.Contents: 1. Civil Society, Environment, and Russian Politics Post-1991 2. Russia s Environmental Challenges and their Management 3. Environmental Civil Society through Russian Eyes: Stakeholder Views 4. Case Studies and their Insights into Civil Society Growth: Chelyabinsk, Lake Baikal, and Genetically Modified Food 5. Interpreting Civil Society: Challenges, Change, and Environmental Significance 6. Conclusions: The Bas, the Good, and the Uncertain ReferencesTrade Review‘A fresh and up-to-date discussion of Russia’s manifold environmental crises, using the results of an elite survey and a framework based on the civil society literature. I believe this is the best treatment of its subject that is presently available and, given Russia’s enormous territorial extent, it is a study that has important implications for everyone who has any concern for the future of Planet Earth.’ -- Stephen White, University of Glasgow, UKTable of ContentsContents: Preface 1. Civil Society, Environment and Russian Politics Post-1991 2. Russia’s Environmental Challenges and their Management 3. Environmental Civil Society through Russian Eyes: Stakeholder Views 4. Case Studies and their Insights into Civil Society Growth: Lake Baikal, Chelyabinsk and Genetically Modified Food 5. Interpreting Civil Society: Challenges, Change and Environmental Significance 6. Conclusions: The Bad, the Good and the Uncertain Appendix A: Summary of Survey Findings Appendix B: Questionnaire – Decision Making on Environmental and Natural Resource Issues References Index

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Book SynopsisTaking 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 IndexTable of ContentsContents: 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

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Book SynopsisThis title contains the definitive contributions to the institutional foundations of environmental issues. It covers the foundations of welfare economics, externalities, market failure, and the central nexus of law and economics. Each contribution illustrates the fundamental importance of institutions - the legal scaffolding of an economy - to environmental problems. This understanding of the institutions of an economy then leads into extensive coverage of how to diagnose environmental problems and then to formulate policy solutions to deforestation, degraded fisheries and pastoral regimes, pollution, land-use conflicts, contested property rights, the tragedy of open-access natural resources and general development problems in sub-Saharan Africa. Table of ContentsContents: Acknowledgements Introduction Daniel W. Bromley PART I INSTITUTIONS 1. Richard R. Nelson and Bhaven N. Sampat (2001), ‘Making Sense of Institutions as a Factor Shaping Economic Performance’ PART II LAW AND ECONOMICS 2. Warren J. Samuels (1971), ‘Interrelations between Legal and Economic Processes’ 3. Warren J. Samuels (1974), ‘The Coase Theorem and the Study of Law and Economics’ 4. Daniel W. Bromley (1978), ‘Property Rules, Liability Rules, and Environmental Economics’ 5. Warren J. Samuels (1989), ‘The Legal-Economic Nexus’ 6. Daniel W. Bromley (1989), ‘Entitlements, Missing Markets, and Environmental Uncertainty’ PART III EXTERNALITIES AND MARKET FAILURE 7. J.E. Meade (1952), ‘External Economies and Diseconomies in a Competitive Situation’ 8. Francis M. Bator (1958), ‘The Anatomy of Market Failure’ 9. Vernon L. Smith (1968), ‘Economics of Production from Natural Resources’ 10. Vernon L. Smith (1969), ‘On Models of Commercial Fishing’ 11. William J. Baumol (1972), ‘On Taxation and the Control of Externalities’ 12. Colin W. Clark (1973), ‘Profit Maximization and the Extinction of Animal Species’ 13. Carl J. Dahlman (1979), ‘The Problem of Externality’ 14. Arild Vatn and Daniel W. Bromley (1997), ‘Externalities – A Market Model Failure’ PART IV WELFARE ECONOMICS 15. Abram Bergson (1938), ‘A Reformulation of Certain Aspects of Welfare Economics’ 16. Paul A. Samuelson (1950), ‘Evaluation of Real National Income’ 17. W.M. Gorman (1955), ‘The Intransitivity of Certain Criteria Used in Welfare Economics’ 18. Francis M. Bator (1957), ‘The Simple Analytics of Welfare Maximization’ 19. Robin W. Boadway (1974), ‘The Welfare Foundations of Cost-Benefit Analysis’ 20. Robin Boadway (1976), ‘Integrating Equity and Efficiency in Applied Welfare Economics’ 21. John S. Chipman and James C. Moore (1978), ‘The New Welfare Economics 1939–1974’ 22. E.J. Mishan (1980), ‘How Valid Are Economic Evaluations of Allocative Changes?’ 23. Robert Cooter and Peter Rappoport (1984), ‘Were the Ordinalists Wrong About Welfare Economics?’ 24. John Martin Gillroy (1992), ‘The Ethical Poverty of Cost-Benefit Methods: Autonomy, Efficiency and Public Policy Choice’ PART V INSTITUTIONS AS INSTRUMENTS OF PUBLIC CHOICE 25. Laurence H. Tribe (1972), ‘Policy Science: Analysis or Ideology?’ 26. Alexander James Field (1979), ‘On the Explanation of Rules Using Rational Choice Models’ 27. Daniel W. Bromley (1990), ‘The Ideology of Efficiency: Searching for a Theory of Policy Analysis’ 28. Amartya Sen (1993), ‘Markets and Freedoms: Achievements and Limitations of the Market Mechanism in Promoting Individual Freedoms’ 29. Arild Vatn and Daniel W. Bromley (1994), ‘Choices without Prices without Apologies’ 30. Michael E. Porter and Claas van der Linde (1995), ‘Toward a New Conception of the Environment-Competitiveness Relationship’ 31. Olof Johansson-Stenman (1998), ‘On the Problematic Link between Fundamental Ethics and Economic Policy Recommendations’ PART VI PROPERTY RIGHTS AND PROPERTY REGIMES 32. Joseph L. Sax (1983), ‘Some Thoughts on the Decline of Private Property’ 33. Barry C. Field (1989), ‘The Evolution of Property Rights’ 34. Bruce A. Larson and Daniel W. Bromley (1990), ‘Property Rights, Externalities, and Resource Degradation: Locating the Tragedy’ 35. Daniel W. Bromley (1992), ‘The Commons, Common Property, and Environmental Policy’ 36. Rogier van den Brink, Daniel W. Bromley and Jean-Paul Chavas (1995), ‘The Economics of Cain and Abel: Agro-Pastoral Property Rights in the Sahel’ 37. Daniel W. Bromley (1997), ‘Constitutional Political Economy: Property Claims in a Dynamic World’ 38. Espen Sjaastad and Daniel W. Bromley (2000), ‘The Prejudices of Property Rights: On Individualism, Specificity, and Security in Property Regimes’ PART VII INSTITUTIONS IN ENVIRONMENT AND DEVELOPMENT 39. Carlisle Ford Runge (1981), ‘Common Property Externalities: Isolation, Assurance, and Resource Depletion in a Traditional Grazing Context’ 40. Daniel W. Bromley (1989), ‘Property Relations and Economic Development: The Other Land Reform’ 41. Shem Migot-Adholla, Peter Hazell, Benoît Blarel and Frank Place (1991), ‘Indigenous Land Rights Systems in Sub-Saharan Africa: A Constraint on Productivity?’ 42. Jean-Philippe Platteau (1996), ‘The Evolutionary Theory of Land Rights as Applied to Sub-Saharan Africa: A Critical Assessment’ 43. Espen Sjaastad and Daniel W. Bromley (1997), ‘Indigenous Land Rights in Sub-Saharan Africa: Appropriation, Security and Investment Demand’ 44. Anne-Sophie Brasselle, Frédéric Gaspart and Jean-Philippe Platteau (2002), ‘Land Tenure Security and Investment Incentives: Puzzling Evidence from Burkina Faso’ 45. Daniel W. Bromley (2008), ‘Formalising Property Relations in the Developing World: The Wrong Prescription for the Wrong Malady’ 46. Daniel W. Bromley (2008), ‘Resource Degradation in the African Commons: Accounting for Institutional Decay’

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Book SynopsisIn 2012, Australia took the major step of introducing a carbon price, involving the creation of a system of emissions permits initially issued at a fixed price. Carbon Pricing brings together experts instrumental in the development, and operation, of Australia's carbon policy who have played a significant role in the broader debate over climate change policy. Together they have achieved an in-depth analysis of Australia s policy stance on pricing carbon and its implications for the wider economy.While the future of carbon pricing is itself unclear in Australia, the experiences, insights and conclusions outlined herein will prove invaluable to a global audience. The assessment of the initial operation of the carbon price provides a wide range of insights into the problems of mitigating climate change, and the prospects for the future. The critical analysis will provide a valuable resource to inform wider international debates concerning alternative mechanisms for internalizing the carbon externality, tax reform, climate skepticism and carbon farming initiatives.With its interdisciplinary approach, Carbon Pricing, will appeal to scholars and researchers of economics in general and climate change, natural resources and energy policy in particular. Those organizations and policymakers involved in similar experiments and processes in other countries will find the experiences and analysis invaluable.Contributors include: D. Adamson, M. Battaglia, W.P. Bell, D. Besley, J. Cook, C. Downie, J. Foster, J. Freebairn, R. Garnaut, S. Grant, M. Harris, S. Kennedy, M. Keogh, T. Mallawaarachchi, R. Nelson, D. Quiggin, J. Quiggin, P. Wild, S. WriterTable of ContentsContents: Foreword Introduction PART I UNDERSTANDING THE ECONOMICS OF CLIMATE CHANGE POLICY IMPLEMENTATION AND PUBLIC PERCEPTIONS 1. The Carbon Tax: Early Experience and Future Prospects Ross Garnaut 2. Carbon Pricing in Australia: An Early View from the Inside Daniel Besley, Christian Downie, Steven Kennedy and Simon Writer 3. How Has the Carbon Tax Affected the Public ‘Debate’ on Climate Change? John Cook PART II TAXING EXTERNALITIES 4. The Carbon Tax and Tax Reform Debate John Freebairn 5. How I Learned to Stop Worrying and Love the RET John Quiggin PART III THREATS, OPPORTUNITIES AND INDUSTRY ADAPTATION AND ADJUSTMENT 6. The Impact of Carbon Prices on Australia’s National Energy Market Phillip Wild, William Paul Bell and John Foster 7. Modeling the Impact of the Australian Greenhouse Emissions Trading Scheme on Farm and Fishery Businesses Mick Keogh 8. Science, Transaction Costs and Carbon Markets Michael Battaglia and Rohan Nelson 9. Agricultural Adaptation: Observations and Insights Thilak Mallawaarachchi and Michael Harris PART IV DEALING WITH THE UNCERTAIN FUTURE 10. Climate Change and the Precautionary Principle Simon Grant and John Quiggin Conclusion Index

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Book SynopsisLittle is known about the volume of international recycling in Asia, the problems caused and the struggle to properly manage the trade. This pathbreaking book addresses this gap in the literature, and provides a comprehensive overview of the international trade flow of recyclable waste in Asia and related issues.The expert contributors discuss the various types of recyclable waste that Asian countries import, and illustrate that there are consequently higher numbers of cheaper informal recyclers with lower pollution control costs than formal recyclers with more expensive but environmentally sound technologies. They explore how governments across China, Vietnam, South Korea and Japan are therefore struggling to minimize the negative impact from informal recycling via trade regulation of recyclable and hazardous waste and comprehensive cooperation mechanisms to promote efficient use of resources. Preventive measures against illegal and/or improper transboundary movement of hazardous waste in Asia are also analyzed.This unique and fascinating book aims to facilitate a common understanding of the issues caused by international recycling in Asia to encourage effective international and regional cooperation in order to establish a sound recycling system. As such, it will prove an invaluable resource to academics, researchers and students with an interest in Asian studies, economics, environmental studies, international economics and industrial economics.Contributors: V. Atienza, S. Chung, M. Kojima, E. Michida, S. Sakata, S. Sasaki, T. Terao, J. Tsuruta, A. YoshidaTable of ContentsContents: Preface Michikazu Kojima 1. Issues Relating to the International Trade of Second-hand Goods, Recyclable Waste, and Hazardous Waste Michikazu Kojima 2. International Trade of Recyclables and Policies to Support their Sustainable Use in Asia Etsuyo Michida 3. Recyclable Waste Trade of Mainland China Aya Yoshida 4. Import of Recyclables and Environmental Pollution in Vietnam: A New Dilemma of Development Shozo Sakata 5. South Korea’s Approach to Transboundary Waste Management: Experiences and Lessons Learned Sungwoo Chung 6. Challenges in the Waste Management System in the Era of Globalization: The Case of the Philippines Vella Atienza 7. Japanese Implementation of the Basel Convention and its Problems Jun Tsuruta 8. Impact of the Raw Material Import Duty Reduction System on International Waste Trading So Sasaki 9. Lessons Learned from Illegal Transboundary Movement of Hazardous Waste in Asia Michikazu Kojima, Aya Yoshida, So Sasaki and Sungwoo Chung 10. From Shipbreaking to Ship Recycling: Relocation of Recycling Sites and the Expansion of International Involvement Tadayoshi Terao 11. Toward Efficient Resource Utilization in the Asian Region Michikazu Kojima Index

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Book Synopsis>This research review discusses and analyses a unique collection of key publications at the intersection of biology and economics, two disciplines that share a common subject: Homo sapiens. Beginning with Thomas Malthus - whose dire predictions of mass starvation due to population growth influenced Charles Darwin - economists have routinely used biological arguments in their models and methods. The review summarizes the most important of these developments in areas such as sociobiology, evolutionary psychology, behavioral ecology, behavioral economics and finance, neuroeconomics, and behavioral genomics. This research review will be an indispensable tool for economists, biologists, and practitioners looking to develop a deeper understanding of the limits of Homo economicus.Trade Review‘Biology and economics have a good deal to say to each other but, oddly, neither party seems fully to appreciate the fact. Lo and Zhang provide an important service by collecting key papers that apply ideas from biology to economics. Topics range from the deep history of the fields to more recent evolutionary models of market dynamics. There is good reason to hope that these volumes will encourage much more interaction between biologists and economists.’ -- H. Allen Orr, University of Rochester, USTable of ContentsContents: Volume I Acknowledgements Introduction Andrew W. Lo and Ruixun Zhang PART I FOUNDATIONS 1. Rev. T. R. Malthus (1830), ‘On Population’, in A Summary View of the Principle of Population, London, UK: John Murray, i, 1–77 2. Joseph A. Schumpeter (1947), ‘The Creative Response in Economic History’, Journal of Economic History, VII (2), November, 149–59 3. Armen A. Alchian (1950), ‘Uncertainty, Evolution, and Economic Theory’, Journal of Political Economy, 58 (3), June, 211–21 4. J. Hirshleifer (1977), ‘Economics from a Biological Viewpoint’, Journal of Law and Economics, 20 (1), April, 1–52 5. Richard R. Nelson (1995), ‘Recent Evolutionary Theorizing About Economic Change ’, Journal of Economic Literature, XXXIII (1), March, 48–90 PART II SOCIOBIOLOGY 6. W. D. Hamilton (1964), ‘The Genetical Evolution of Social Behaviour I and II’, Journal of Theoretical Biology, 7 (1), July, 1–16, 17–52 7. Robert L. Trivers (1971), ‘The Evolution of Reciprocal Altruism’, Quarterly Review of Biology, 46 (1), March, 35–57 [23] 8. Richard D. Alexander (1974), ‘The Evolution of Social Behavior’, Annual Review of Ecology and Systematics, 5, November, 325–83 9. David Sloan Wilson and Elliott Sober (1994), ‘Reintroducing Group Selection to the Human Behavioral Sciences’, Behavioral and Brain Sciences, 17 (4), December, 585–608, references 10. Herbert Gintis, Samuel Bowles, Robert Boyd and Ernst Fehr (2003), ‘Explaining Altruistic Behavior in Humans’, Evolution and Human Behavior, 24 (3), May, 153–72 11. Joseph Henrich (2004), ‘Cultural Group Selection, Coevolutionary Processes and Large-Scale Cooperation’, Journal of Economic Behavior and Organization: Evolution and Altruism, 53 (1), January, 3–35 12. Martin A. Nowak (2006), ‘Five Rules for the Evolution of Cooperation’, Science, 314 (5805), December, 1560–63 13. David Sloan Wilson and Edward O. Wilson (2007), ‘Rethinking the Theoretical Foundation of Sociobiology’, Quarterly Review of Biology, 82 (4), December, 327–48 PART III EVOLUTIONARY PSYCHOLOGY AND BEHAVIORAL ECOLOGY 14. Erika R. Behrend, and M. E. Bitterman (1961), ‘Probability-Matching in the Fish’, American Journal of Psychology, 74 (4), December, 542–51 15. R. J. Herrnstein (1961), ‘Relative and Absolute Strength of Response as a Function of Frequency of Reinforcement’, Journal of the Experimental Analysis of Behavior, 4 (3), July, 267–72 16. Colin W. Clark (1973), ‘The Economics of Overexploitation’, Science, 181 (4100), August, 630–34 17. Colin W. Clark and Marc Mangel (1986), ‘The Evolutionary Advantages of Group Foraging’, Theoretical Population Biology, 30 (1), August, 45–75 18. Lawrence D. Harder and Leslie A. Real (1987), ‘Why Are Bumble Bees Risk Averse?’, Ecology, 68 (4), August, 1104–8 19. Leda Cosmides and John Tooby (1994), ‘Better than Rational: Evolutionary Psychology and the Invisible Hand’, American Economic Review: Papers and Proceedings, 84 (2), May, 327–32 20. Herbert Gintis (2007), ‘Review of Adapting Minds: Evolutionary Psychology and the Persistent Quest for Human Nature’, Journal of Bioeconomics, 9 (2), August, 191–9 21. Avraham Be'er, H. P. Zhang, E. -L. Florin, Shelley M. Payne, Eshel Ben-Jacob and Harry L. Swinney (2009), ‘Deadly Competition between Sibling Bacterial Colonies’, Proceedings of the National Academy of Sciences, 106 (2), January, 428–33 22. Kenneth J. Arrow and Simon A. Levin (2009), ‘Intergenerational Resource Transfers with Random Offspring Numbers’, Proceedings of the National Academy of Sciences, 106 (33), August, 13702–6 23. Thomas J. Brennan and Andrew W. Lo (2011), ‘The Origin of Behavior’, Quarterly Journal of Finance, 1 (1), March, 55–108 PART IV THE BIOLOGICAL FOUNDATIONS OF UTILITY 24. Ingemar Hansson and Charles Stuart (1990), ‘Malthusian Selection of Preferences’, American Economic Review, 80 (3), June, 529–44 25. Alan R. Rogers (1994), ‘Evolution of Time Preference by Natural Selection’, American Economic Review, 84 (3), June, 460–81 26. Arthur J. Robson (1996), ‘A Biological Basis for Expected and Non-expected Utility’, Journal of Economic Theory, 68 (2), February, 397–424 27. Arthur J. Robson (2001), ‘The Biological Basis of Economic Behavior’, Journal of Economic Literature, XXXIX (1), March, 11–33 28. Rose McDermott, James H. Fowler and Oleg Smirnov (2008), ‘On the Evolutionary Origin of Prospect Theory Preferences’, Journal of Politics, 70 (2), April, 335–50 29. Arthur J. Robson and Larry Samuelson (2009), ‘The Evolution of Time Preference with Aggregate Uncertainty’, American Economic Review, 99 (5), December, 1925–53 30. Ruixun Zhang, Thomas J. Brennan and Andrew W. Lo (2014), ‘The Origin of Risk Aversion’, Proceedings of the National Academy of Sciences, 111 (50), December, 17777–82 PART V RATIONALITY AND INTELLIGENCE 31. Herbert A. Simon (1955), ‘A Behavioral Model of Rational Choice’, Quarterly Journal of Economics, 69 (1), February, 99–118 32. J. Maynard Smith (1984), ‘Game Theory and the Evolution of Behaviour’, Behavioral and Brain Sciences, 7 (1), March, 95–101, references 33. Alan Kirman (1993), ‘Ants, Rationality, and Recruitment’, Quarterly Journal of Economics, 108 (1), February, 137–56 34. Michael Waldman (1994), ‘Systematic Errors and the Theory of Natural Selection’, American Economic Review, 84 (3), June, 482–97 35. Theodore C. Bergstrom (2002), ‘Evolution of Social Behavior: Individual and Group Selection’, Journal of Economic Perspectives, 16 (2), Spring, 67–88 36. Larry Samuelson (2002), ‘Evolution and Game Theory’, Journal of Economic Perspectives, 16 (2), Spring, 47–66 37. Thomas J. Brennan and Andrew W. Lo (2012), ‘An Evolutionary Model of Bounded Rationality and Intelligence’, PLOS ONE, 7 (11), November, 1–8 38. Andrew W. Lo (2013), ‘The Origin of Bounded Rationality and Intelligence’, Proceedings of the American Philosophical Society, 157 (3), September, 269–80 39. Terence C. Burnham (2013), ‘Toward a Neo-Darwinian Synthesis of Neoclassical and Behavioral Economics’, Journal of Economic Behavior and Organization, 90 (Supplement), June, S113–S127 Index Contents Volume II Acknowledgements Introduction An introduction to both volumes by the editors appears in Volume I PART I FINANCIAL MARKETS 1. Lawrence Blume and David Easley (1992), ‘Evolution and Market Behavior’, Journal of Economic Theory, 58 (1), October, 9–40 2. J. Doyne Farmer and Andrew W. Lo (1999), ‘Frontiers of Finance: Evolution and Efficient Markets’, Proceedings of the National Academy of Sciences, 96 (18), August, 9991–2 3. J. Doyne Farmer (2002), ‘Market Force, Ecology and Evolution’, Industrial and Corporate Change, 11 (5), November, 895–953 4. Mark J. Kamstra, Lisa A. Kramer and Maurice D. Levi (2003), ‘Winter Blues: A SAD Stock Market Cycle’, American Economic Review, 93 (1), March, 324–43 5. David Hirshleifer and Tyler Shumway (2003), ‘Good Day Sunshine: Stock Returns and the Weather’, Journal of Finance, LVIII (3), June, 1009–32 6. Andrew W. Lo (2004), ‘The Adaptive Markets Hypothesis: Market Efficiency from an Evolutionary Perspective’, Journal of Portfolio Management: 30th Anniversary Issue, 30 (5), 15–29 7. Leonid Kogan, Stephen A. Ross, Jiang Wang and Mark M. Westerfield (2006), ‘The Price Impact and Survival of Irrational Traders’, Journal of Finance, LXI (1), February, 195–229 8. William A. Brock, Cars H. Hommes and Florian O. Wagener (2005), ‘Evolutionary Dynamics in Markets with Many Trader Types’, Journal of Mathematical Economics: Special Issue on Evolutionary Finance, 41 (1–2), February, 7–42 9. Andrew W. Lo, Dmitry V. Repin and Brett N. Steenbarger (2005), ‘Fear and Greed in Financial Markets: A Clinical Study of Day-Traders’, American Economic Review: Papers and Proceedings, 95 (2), May, 352–9 10. George Sugihara, Robert May, Hao Ye, Chih-hao Hsieh, Ethan Deyle, Michael Fogarty and Stephan Munch (2012), ‘Detecting Causality in Complex Ecosystems’, Science, 338 (6106), October, 496–500 11. Andrew W. Lo (2012), ‘Adaptive Markets and the New World Order’, Financial Analysts Journal, 68 (2), March–April, 18–29, Errata PART II EVOLUTION OF FIRMS AND INSTITUTIONS 12. Sidney G. Winter, Jr. (1964), ‘Economic “Natural Selection” and the Theory of the Firm’, Yale Economic Essays, 4 (1), Spring, 225–72 13. Carsten Herrmann-Pillath (1991), ‘A Darwinian Framework for the Economic Analysis of Institutional Change in History’, Journal of Social and Biological Structures, 14 (2), 127–48 14. Guo Ying Luo (1995), ‘Evolution and Market Competition’, Journal of Economic Theory, 67 (1), October, 223–50 15. Jeroen C. J. M. van den Bergh and John M. Gowdy (2009), ‘A Group Selection Perspective on Economic Behavior, Institutions and Organizations’, Journal of Economic Behavior and Organization, 72 (1), October, 1–20 PART III NEUROSCIENCE 16. Hans C. Breiter, Itzhak Aharon, Daniel Kahneman, Anders Dale and Peter Shizgal (2001), ‘Functional Imaging of Neural Responses to Expectancy and Experience of Monetary Gains and Losses’, Neuron, 30 (2), May, 619–39 17. Andrew W. Lo and Dmitry V. Repin (2002), ‘The Psychophysiology of Real-Time Financial Risk Processing’, Journal of Cognitive Neuroscience, 14 (3), April, 323–39 18. Camelia M. Kuhnen and Brian Knutson (2005), ‘The Neural Basis of Financial Risk Taking’, Neuron, 47 (5), September, 763–70 19. Benedetto De Martino, Dharshan Kumaran, Ben Seymour and Raymond J. Dolan (2006), ‘Frames, Biases, and Rational Decision-Making in the Human Brain’, Science, 313, (5787), August, 684–7 20. Ernst Fehr and Colin F. Camerer (2007), ‘Social Neuroeconomics: The Neural Circuitry of Social Preferences’, TRENDS in Cognitive Sciences, 11 (10), October, 419–27 21. Sabrina M. Tom, Craig R. Fox, Christopher Trepel and Russell A. Poldrack (2007), ‘The Neural Basis of Loss Aversion in Decision-Making Under Risk’, Science, 315 (5811), January, 515–18 22. Peter Bossaerts (2009), ‘What Decision Neuroscience Teaches Us About Financial Decision Making’, Annual Review of Financial Economics, 1, 383–88, C1–C3, 389–404 23. Ernst Fehr and Antonio Rangel (2011), ‘Neuroeconomic Foundations of Economic Choice – Recent Advances’, Journal of Economic Perspectives, 25 (4), Fall, 3–30 24. Andrew W. Lo (2013), ‘Fear, Greed, and Financial Crises: A Cognitive Neurosciences Perspective’, in Jean-Pierre Fouque and Joseph A. Langsam (eds), Handbook on Systemic Risk, Part VIII, Chapter 23, New York, NY, USA: Cambridge University Press, 622–62 PART IV HORMONES 25. Paul J. Zak, Robert Kurzban and William T. Matzner (2005), ‘Oxytocin is Associated with Human Trustworthiness’, Hormones and Behavior, 48 (5), December, 522–7 26. Terence C. Burnham (2007), ‘High-Testosterone Men Reject Low Ultimatum Game Offers’, Proceedings of the Royal Society B: Biological Sciences, 274 (1623), September, 2327–30 27. Coren L. Apicella, Anna Dreber, Benjamin Campbell, Peter B. Gray, Moshe Hoffman and Anthony C. Little (2008), ‘Testosterone and Financial Risk Preferences’, Evolution and Human Behavior, 29 (6), November, 384–90 28. J. M. Coates and J. Herbert (2008), ‘Endogenous Steroids and Financial Risk Taking on a London Trading Floor’, Proceedings of the National Academy of Sciences, 105 (16), April, 6167–72 29. Benjamin C. Campbell, Anna Dreber, Coren L. Apicella, Dan T. A. Eisenberg, Peter B. Gray, Anthony C. Little, Justin R. Garcia, Richard S. Zamore and J. Koji Lum (2010), ‘Testosterone Exposure, Dopaminergic Reward, and Sensation-Seeking in Young Men’, Physiology and Behavior, 99 (4), March, 451–6 30. Anna Dreber, David G. Rand, Nils Wernerfelt, Justin R. Garcia, Miguel G. Vilar, J. Koji Lum and Richard Zeckhauser (2011), ‘Dopamine and Risk Choices in Different Domains: Findings among Serious Tournament Bridge Players’, Journal of Risk and Uncertainty, 43 (1), August, 19–38 PART V GENOMICS 31. Anna Dreber, Coren L. Apicella, Dan T. A. Eisenberg, Justin R. Garcia, Richard S. Zamore, J. Koji Lum and Benjamin C. Campbell (2009), ‘The 7R Polymorphism in the Dopamine Receptor D4 Gene (DRD4) is Associated with Financial Risk-Taking in Men’, Evolution and Human Behavior, 30 (2), March, 85–92 32. Amir Barnea, Henrik Cronqvist and Stephan Siegel (2010), ‘Nature or Nurture: What Determines Investor Behavior?’, Journal of Financial Economics, 98 (3), December, 583–604 33. David Cesarini, Magnus Johannesson, Paul Lichtenstein, Örjan Sandewall and Björn Wallace (2010), ‘Genetic Variation in Financial Decision-Making’, Journal of Finance, LXV (5), October, 1725–54 34. David Cesarini, Magnus Johannesson, Patrik K. E. Magnusson and Björn Wallace (2012), ‘The Behavioral Genetics of Behavioral Anomalies’, Management Science, 58 (1), January, 21–34 35. Daniel J. Benjamin, David Cesarini, Christopher F. Chabris, Edward L. Glaeser, David I. Laibson, Vilmundur Guđnason, Tamara B. Harris, Lenore J. Launer, Shaun Purcell, Albert Vernon Smith, Magnus Johannesson, Patrik K. E. Magnusson, Jonathan P. Beauchamp, Nicholas A. Christakis, Craig S. Atwood, Benjamin Hebert, Jeremy Freese, Robert M. Hauser, Taissa S. Hauser, Alexander Grankvist, Christina M. Hultman and Paul Lichtenstein (2012), ‘The Promises and Pitfalls of Genoeconomics’, Annual Review of Economics, 4, 627–62, C1 36. Henrik Cronqvist and Stephan Siegel (2014), ‘The Genetics of Investment Biases’, Journal of Financial Economics, 113 (2), August, 215–34 Index

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Book SynopsisHere finally is a book that educates us deeply about the economic costs and gains of cleaning up the environment and of finally coming to terms with the costs of human induced climate at the micro- and macro-economic level. Replete with case studies from China, Australia and the USA, demonstrating deep erudition and extensive use of empirical data, it remains accessible to the general reader, as well as the economist. It should be mandated as required reading for all public policy analysts and politicians.'- Greg Bailey, La Trobe University, AustraliaThe Costs and Benefits of Environmental Regulation presents a thorough investigation into environmental regulation, its economic and financial effects and the associated costs and benefits. A variety of issues, pertaining to regulation in general and environmental regulation in particular, are examined. These issues include the theories of regulation and how it is viewed in terms of the free market doctrine, forms of regulation, command-and-control regulation as opposed to market-based regulation and the cost-benefit analysis of environmental regulation.The authors present an extensive survey of the empirical evidence on the determinants of environmental performance as well as the effects of environmental regulation on the costs of production, plant location, firm-level productivity, stock prices and returns, profitability, market value, financial risk, employment, competitiveness, international trade, aggregate output and aggregate productivity. The authors conclude that it is essential to allocate appropriate funds to combat the environmental damage we are inflicting on the planet.Presenting a comprehensive survey of the costs, benefits and effects of environmental regulation and written mostly in simple language that is accessible to the non-specialist, the book will prove an essential resource for academics, research students and policy makers in the fields of environmental regulation and economics.Contents: Preface 1. Regulation: Definition and Classification 2. Regulation and the Free Market Doctrine 3. Theories of Regulation 4. Environmental Regulation: Some Basic Issues 5. Cost-Benefit Analysis: Identification of Costs and Benefits 6. The Cost-Benefit Analysis Debate 7. The Microeconomic Effects of Environmental Regulation 8. The Financial Effects of Environmental Regulation 9. The Macroeconomic Effects of Environmental Regulation: Employment, Trade and Competitiveness 10. The Macroeconomic Effects of Environmental Regulation: Aggregate Output and Productivity 11. Environmental Regulation in Australia: The Failure of 'Wax and Wane' Policies 12. Environmental Regulation in China: A Life-Saving Mechanism in a Pollution Haven 13. Summary and Concluding Remarks Appendix to Chapter 13 References IndexTrade Review‘Here finally is a book that educates us deeply about the economic costs and gains of cleaning up the environment and of finally coming to terms with the costs of human induced climate at the micro- and macro-economic level. Replete with case studies from China, Australia and the USA, demonstrating deep erudition and extensive use of empirical data, it remains accessible to the general reader, as well as the economist. It should be mandated as required reading for all public policy analysts and politicians.’ -- Greg Bailey, La Trobe University, AustraliaTable of ContentsContents: Preface 1. Regulation: Definition and Classification 2. Regulation and the Free Market Doctrine 3. Theories of Regulation 4. Environmental Regulation: Some Basic Issues 5. Cost-Benefit Analysis: Identification of Costs and Benefits 6. The Cost-Benefit Analysis Debate 7. The Microeconomic Effects of Environmental Regulation 8. The Financial Effects of Environmental Regulation 9. The Macroeconomic Effects of Environmental Regulation: Employment, Trade and Competitiveness 10. The Macroeconomic Effects of Environmental Regulation: Aggregate Output and Productivity 11. Environmental Regulation in Australia: The Failure of ‘Wax and Wane’ Policies 12. Environmental Regulation in China: A Life-Saving Mechanism in a Pollution Haven 13. Summary and Concluding Remarks Appendix to Chapter 13 References Index

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Book SynopsisIn this innovative book, Clement Tisdell adopts a holistic approach, combining economic, social, biophysical and historical considerations to analyse the economic origins of major contemporary environmental problems, especially those associated with climate change. The ability of humankind to respond effectively to these problems is assessed in a unique and lucid fashion. The depth and nature of social embedding is identified as the major (but not the only) barrier to dealing with human-induced environmental change. In a thought-provoking manner, the book provides discussions of: the relationships between the nature of economic development, social and environmental change; the limited policy guidance provided by debates about the desirability of sustainable development; the shortcomings of economic criteria for valuing environmental and social change; and social embedding as the prime impediment to humanity responding adequately to many of its current environmental problems. Given its interdisciplinary nature, this book will appeal to economists, sociologists, geographers, social historians and political scientists alike. Natural scientists who are interested in socio-economic aspects of environmental change will also find this a captivating read.Trade Review‘The work is well illustrated and very informative. It would be an appropriate text for upper division and graduate courses considering economics, public policy, and the environment. It would be a welcome addition to the library of scholars working in this field and -- would be an appropriate acquisition for most college and university libraries.’– Michael L. Hirsch, International Social Science Review'Why is it so difficult to protect the environment? This book reflects on the historical, physical and social complexity of the task from the point of view of an economist while remaining accessible to a non-specialist. The depth and breadth of the author's knowledge has enriched every chapter of this book. The novel views especially on the historical origins of environmental issues and social embeddedness and consumer sovereignty treat the reader to refreshing perspectives beyond those of normal economics.' --Tooraj Jamasb, Durham University, UKTable of ContentsContents Preface 1. Economics and environmental change: an overview 2. Growing economic activity and environmental change: historical and general perspectives. 3. Sustainable (economic) development. What is it? Is it desirable? Can it be achieved and if so, how? 4. Values, economic valuation, and the assessment of environmental and economic change. 5. Social embedding: its nature and role in determining our economic and environmental future. 6. Consumers’ sovereignty – significant failures: why consumers’ demands for environmental, human and animal protection are often unmet. 7. Biological conservation and human-induced environmental change: contemporary socio-economic challenges 8. Climate change: general aspects, and alterations in energy sources and use as responses 9. Agriculture and environmental change, especially climate change: economic challenges. 10. Marine ecosystems and global climate change: economic consequences, resilience and adjustment Index

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Book SynopsisThis comprehensive Handbook explores the role that economics plays in water resource use, management, and policy. The contributors cover a continuum of topics that individually and jointly represent the state of the art of water economics.Leading scholars demonstrate ways in which economic theory, tools, and analyses have been used to address a variety of water-related issues over the years and, subsequently, to create better-informed policy and management decisions. Acknowledging and building upon the seminal research related to water economics, this book offers a current and provocative exploration of a variety of topics, including: the role of institutions in developing sound water policy and water sustainability extraction, production, and use of surface water, groundwater, and recycled water, including the conjunctive use of these resources the use of water in industrial, residential, agricultural, and hydropower sectors as well as for the environment and ecosystems the role of experimental economics; methods to address climate change effects and adaptation; developments in the field of nonmarket valuation; approaches to nonpoint source pollution control and salinity pollution; issues related to water in the developing world; water and economic growth; and management of international water. The Handbook of Water Economics will prove to be an enlightening, thought-provoking, and practical read for PhD students, researchers in water economics and management, water-related agency staff, and professionals interested in water-related economic issues at the local, state, national, and international levels.Contributors: E. Ansink, K.A. Baerenklau, E.B. Barbier, R. Bark, H. Bejarano, K. Burnett, R.T. Carson, J. Connor, O.G. Dávila, A. Dinar, D.P. Dupont, B. Franklin, R.Q. Grafton, K. Hansen, F. Hernández-Sancho, H. Houba, B.H. Hurd, W.K. Jaeger, P.-O. Johansson, S. Kaplan, V. Kerry Smith, K.C. Knapp, P. Koundouri, B. Kriström, A. Loch, M. Molinos-Senante, S.K. Pattanayak, S. Pongkijvorasin, S. Renzetti, J. Roumasset, K. Schwabe, J. Shortle, V.K.Smith, D. Squires, Y. Tsur, C.A. Wada, J. Wang, F.A. Ward, S.A. Wheeler, D. Whittington, M.-Q. (Kent) Zhao, D. ZilbermanTrade Review'The evidence is clear that water conflicts and water management continue to present profound obstacles to peace and sustainable livelihoods. Ariel Dinar and Kurt Schwabe have produced a compelling collection of readings that offer important insights into this persistent problem. Chapters cover conceptual issues, competing uses, valuation, sectoral allocation, water markets, energy production, residential and industrial uses, ecosystems, water quality, and international (transboundary) concerns. This impressive volume will become an essential reference for years to come.' --(Daniel W. Bromley, University of Wisconsin-Madison)'Handbook of Water Economics by Dinar and Schwabe focuses on current issues in water economics. The Handbook, hence, presents, methods that water economists often apply and the role that water economics plays in water resources management, use and policy.' --(European Review of Agricultural Economics)'The Handbook of Water Economics provides a comprehensive treatment of the economics of water. Compiling contributions from over 40 water economists, the book encompasses a breadth of topics ranging from theoretical frameworks to methods, and from traditional problems to emerging challenges. Accessible to graduate students, researchers, and professionals, the book offers a broad overview of water-related issues, and covers essential material for developing a solid understanding of the role economics plays in driving water use, informing policy and designing long-term solutions.' --( Cloe Garnache, Water Economics and Policy)Table of ContentsContents: 1. Introduction Ariel Dinar and Kurt Schwabe PART I CONCEPTS AND THEORETICAL FOUNDATIONS 2. Institutions and Water William K. Jaeger 3. Sustainability Economics of Groundwater Usage and Management Keith C. Knapp and Bradley Franklin 4. Concepts and Methods for Assessing Economic Impacts from Climate Change on Water Resources Brian H. Hurd PART II SECTORAL FOCUS 5. Agricultural Water Management Sarah Ann Wheeler, Rosalind Bark, Adam Loch and Jeff Connor 6. Economic Analysis of Industrial Water Use Steven Renzetti 7. Residential Water Management: An Economic Perspective on Policy Instruments V. Kerry Smith and Min-Qiang (Kent) Zhao 8. The Use of Ecosystem Services Approach in Guiding Water Valuation and Management: Inland and Coastal Waters Phoebe Koundouri and Osiel González Dávila 9. Incentivizing Interdependent Resource Management: Watersheds, Groundwater and Coastal Ecology Kimberly Burnett, Sittidaj Pongkijvorasin, James Roumasset and Christopher A. Wada 10. Hydropower Management: Electricity Versus other Values Per-Olov Johansson and Bengt Kriström 11. Water, Land Use and Environmental Aspects of Biofuel Production David Zilberman and Scott Kaplan 12. The Economic Sustainability Paradigm and Fresh Water and Marine Fisheries Governance R. Quentin Grafton and Dale Squires PART III WATER SOURCES 13. Economics of Surface Water Management: A Review Frank A. Ward 14. Wastewater Management and Reuse Francesc Hernandez-Sancho and Maria Molinos-Senante PART IV ALTERNATIVE APPROACHES TO VALUING WATER 15. Experimental Economics and Water Resources Hernán Bejarano and James Shortle 16. Nonmarket Valuation and Water Resource Management Richard T. Carson PART V WATER QUALITY MANAGEMENT 17. Model-based Regulation of Nonpoint Source Emissions Kenneth A. Baerenklau and Jingjing Wang 18. Salinity and Groundwater Management: A Hydro-economic Analysis Kurt Schwabe and Keith C. Knapp PART VI ADDRESSING WATER SCARCITY 19. Water Markets: From Theory to Practice (With Focus on the USA) Kristiana Hansen 20. Water Conservation: Thinking Beyond the Tap Diane DuPont 21. Conjunctive Management of Water Resources in Agriculture Yacov Tsur PART VII TRANSBOUNDARY WATER MANAGEMENT 22. Joint Management of International Water Bodies under Scarcity and Variability Ariel Dinar 23. The Economics of Transboundary Water Management Erik Ansink and Harold Houba PART VIII WATER IN THE DEVELOPING WORLD 24. Water and Sanitation Economics: Reflections on Application to Developing Economies Dale Whittington and Subhrendu K. Pattanayak 25. Water and Growth in Developing Countries Edward B. Barbier Index

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Book SynopsisThis comprehensive Handbook explores the role that economics plays in water resource use, management, and policy. The contributors cover a continuum of topics that individually and jointly represent the state of the art of water economics.Leading scholars demonstrate ways in which economic theory, tools, and analyses have been used to address a variety of water-related issues over the years and, subsequently, to create better-informed policy and management decisions. Acknowledging and building upon the seminal research related to water economics, this book offers a current and provocative exploration of a variety of topics, including: the role of institutions in developing sound water policy and water sustainability extraction, production, and use of surface water, groundwater, and recycled water, including the conjunctive use of these resources the use of water in industrial, residential, agricultural, and hydropower sectors as well as for the environment and ecosystems the role of experimental economics; methods to address climate change effects and adaptation; developments in the field of nonmarket valuation; approaches to nonpoint source pollution control and salinity pollution; issues related to water in the developing world; water and economic growth; and management of international water. The Handbook of Water Economics will prove to be an enlightening, thought-provoking, and practical read for PhD students, researchers in water economics and management, water-related agency staff, and professionals interested in water-related economic issues at the local, state, national, and international levels.Contributors: E. Ansink, K.A. Baerenklau, E.B. Barbier, R. Bark, H. Bejarano, K. Burnett, R.T. Carson, J. Connor, O.G. Dávila, A. Dinar, D.P. Dupont, B. Franklin, R.Q. Grafton, K. Hansen, F. Hernández-Sancho, H. Houba, B.H. Hurd, W.K. Jaeger, P.-O. Johansson, S. Kaplan, V. Kerry Smith, K.C. Knapp, P. Koundouri, B. Kriström, A. Loch, M. Molinos-Senante, S.K. Pattanayak, S. Pongkijvorasin, S. Renzetti, J. Roumasset, K. Schwabe, J. Shortle, V.K.Smith, D. Squires, Y. Tsur, C.A. Wada, J. Wang, F.A. Ward, S.A. Wheeler, D. Whittington, M.-Q. (Kent) Zhao, D. ZilbermanTrade Review'The evidence is clear that water conflicts and water management continue to present profound obstacles to peace and sustainable livelihoods. Ariel Dinar and Kurt Schwabe have produced a compelling collection of readings that offer important insights into this persistent problem. Chapters cover conceptual issues, competing uses, valuation, sectoral allocation, water markets, energy production, residential and industrial uses, ecosystems, water quality, and international (transboundary) concerns. This impressive volume will become an essential reference for years to come.' --(Daniel W. Bromley, University of Wisconsin-Madison)'Handbook of Water Economics by Dinar and Schwabe focuses on current issues in water economics. The Handbook, hence, presents, methods that water economists often apply and the role that water economics plays in water resources management, use and policy.' --(European Review of Agricultural Economics)'The Handbook of Water Economics provides a comprehensive treatment of the economics of water. Compiling contributions from over 40 water economists, the book encompasses a breadth of topics ranging from theoretical frameworks to methods, and from traditional problems to emerging challenges. Accessible to graduate students, researchers, and professionals, the book offers a broad overview of water-related issues, and covers essential material for developing a solid understanding of the role economics plays in driving water use, informing policy and designing long-term solutions.' --( Cloe Garnache, Water Economics and Policy)Table of ContentsContents: 1. Introduction Ariel Dinar and Kurt Schwabe PART I CONCEPTS AND THEORETICAL FOUNDATIONS 2. Institutions and Water William K. Jaeger 3. Sustainability Economics of Groundwater Usage and Management Keith C. Knapp and Bradley Franklin 4. Concepts and Methods for Assessing Economic Impacts from Climate Change on Water Resources Brian H. Hurd PART II SECTORAL FOCUS 5. Agricultural Water Management Sarah Ann Wheeler, Rosalind Bark, Adam Loch and Jeff Connor 6. Economic Analysis of Industrial Water Use Steven Renzetti 7. Residential Water Management: An Economic Perspective on Policy Instruments V. Kerry Smith and Min-Qiang (Kent) Zhao 8. The Use of Ecosystem Services Approach in Guiding Water Valuation and Management: Inland and Coastal Waters Phoebe Koundouri and Osiel González Dávila 9. Incentivizing Interdependent Resource Management: Watersheds, Groundwater and Coastal Ecology Kimberly Burnett, Sittidaj Pongkijvorasin, James Roumasset and Christopher A. Wada 10. Hydropower Management: Electricity Versus other Values Per-Olov Johansson and Bengt Kriström 11. Water, Land Use and Environmental Aspects of Biofuel Production David Zilberman and Scott Kaplan 12. The Economic Sustainability Paradigm and Fresh Water and Marine Fisheries Governance R. Quentin Grafton and Dale Squires PART III WATER SOURCES 13. Economics of Surface Water Management: A Review Frank A. Ward 14. Wastewater Management and Reuse Francesc Hernandez-Sancho and Maria Molinos-Senante PART IV ALTERNATIVE APPROACHES TO VALUING WATER 15. Experimental Economics and Water Resources Hernán Bejarano and James Shortle 16. Nonmarket Valuation and Water Resource Management Richard T. Carson PART V WATER QUALITY MANAGEMENT 17. Model-based Regulation of Nonpoint Source Emissions Kenneth A. Baerenklau and Jingjing Wang 18. Salinity and Groundwater Management: A Hydro-economic Analysis Kurt Schwabe and Keith C. Knapp PART VI ADDRESSING WATER SCARCITY 19. Water Markets: From Theory to Practice (With Focus on the USA) Kristiana Hansen 20. Water Conservation: Thinking Beyond the Tap Diane DuPont 21. Conjunctive Management of Water Resources in Agriculture Yacov Tsur PART VII TRANSBOUNDARY WATER MANAGEMENT 22. Joint Management of International Water Bodies under Scarcity and Variability Ariel Dinar 23. The Economics of Transboundary Water Management Erik Ansink and Harold Houba PART VIII WATER IN THE DEVELOPING WORLD 24. Water and Sanitation Economics: Reflections on Application to Developing Economies Dale Whittington and Subhrendu K. Pattanayak 25. Water and Growth in Developing Countries Edward B. Barbier Index

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Book SynopsisThis timely new collection presents essential readings for those interested in the economics of natural disasters. It features influential articles on the macroeconomic and regional impacts of natural disasters, natural disaster vulnerability, resilience, recovery and adaptation. Topics covered include short-run and long-run economic impacts, poverty and vulnerability, emerging life-saving technologies, the role of government in fostering resilience and adaptation in response to disasters. Together with an original introduction by the editor, this volume will be an invaluable source of reference for researchers and policymakers alike.Trade Review‘Economics is both political economy and empirical, and this distinction has not been lost in Professor Skidmore’s edited book on the economics of natural disasters. This collection strikes a good balance between quantitative and non-quantitative studies as well as between the general and the particular. The volume will prove to be a necessary reference source about this controversial and highly relevant area of study.’ -- J.M. Albala-Bertrand, Queen Mary University of LondonTable of ContentsContents: Introduction Mark Skidmore PART I MACROECONOMIC AND REGIONAL IMPACTS OF NATURAL DISASTERS A. Growth Impacts 1. Mark Skidmore and Hideki Toya (2002), ‘Do Natural Disasters Promote Long-Run Growth?’, Economic Inquiry, 40 (4), October, 664–87 2. Jesús Crespo Cuaresma, Jaroslava Hlouskova and Michael Obersteiner (2008), ‘Natural Disasters as Creative Destruction? Evidence from Developing Countries’, Economic Inquiry, 46 (2), April, 214–26 3. Ilan Noy (2009), ‘The Macroeconomic Consequences of Disasters’, Journal of Development Economics, 88 (2), March, 221–31 4. Eric Strobl (2012), ‘The Economic Growth Impact of Natural Disasters in Developing Countries: Evidence from Hurricane Strikes in the Central American and Caribbean Regions’, Journal of Development Economics, 97 (1), January, 130–41 5. Eduardo Cavallo, Sebastian Galiani, Ilan Noy and Juan Pantano (2013), ‘Catastrophic Natural Disasters and Economic Growth’, Review of Economics and Statistics, 95 (5), December, 1549–61 B. Instability, Monetary and Financial Flow Impacts 6. Kerry A. Odell and Marc D. Weidenmier (2004), ‘Real Shock, Monetary Aftershock: The 1906 San Francisco Earthquake and the Panic of 1907’, Journal of Economic History, 64 (4), December, 1002–27 7. Claudio Raddatz (2007), ‘Are External Shocks Responsible for the Instability of Output in Low-Income Countries?’, Journal of Development Economics, 84 (1), September, 155–87 8. Michael R. Carter, Peter D. Little, Tewodaj Mogues and Workneh Negatu (2007), ‘Poverty Traps and Natural Disasters in Ethiopia and Honduras’, World Development, 35 (5), May, 835–56 C. Regional Impacts 9. Adam Rose, Juan Benavides, Stephanie E. Chang, Philip Szczesniak and Dongsoon Lim (1997), ‘The Regional Economic Impact of an Earthquake: Direct and Indirect Effects of Electricity Lifeline Disruptions’, Journal of Regional Science, 37 (3), August, 437–58 10. Stéphane Hallegatte (2008), ‘An Adaptive Regional Input-Output Model and its Application to the Assessment of the Economic Cost of Katrina’, Risk Analysis, 28 (3), June, 779–99 PART II NATURAL DISASTER VULNERABILITY 11. Terry Cannon (1994), ‘Vulnerability Analysis and the Explanation of “Natural” Disasters’, in Ann Varley (ed.), Disasters, Development and Environment, Chapter 2, Chichester, UK: John Wiley and Sons Ltd, 13–30 12. Lino Briguglio (1995), ‘Small Island Developing States and Their Economic Vulnerabilities’, World Development, 23 (9), September, 1615–32 13. Mark Pelling and Juha I. Uitto (2001), ‘Small Island Developing States: Natural Disaster Vulnerability and Global Change’, Global Environmental Change Part B: Environmental Hazards, 3 (2), June, 49–62 14. Irasema Alcántara-Ayala (2002), ‘Geomorphology, Natural Hazards, Vulnerability and Prevention of Natural Disasters in Developing Countries’, Geomorphology: Geomorphology in the Public Eye: Political Issues, Education, and the Public, 47 (2–4), October, 107–24 15. Susan L. Cutter, Bryan J. Boruff and W. Lynn Shirley (2003), ‘Social Vulnerability to Environmental Hazards’, Social Science Quarterly, 84 (2), June, 242–61 16. Michael K. Lindell and Carla S. Prater (2003), ‘Assessing Community Impacts of Natural Disasters’, Natural Hazards Review, 4 (4), November, 176–85 17. Matthew E. Kahn (2005), ‘The Death Toll from Natural Disasters: The Role of Income, Geography, and Institutions’, Review of Economics and Statistics, 87 (2), May, 271–84 18. Nejat Anbarci, Monica Escaleras and Charles A. Register (2005), ‘Earthquake Fatalities: The Interaction of Nature and Political Economy’, Journal of Public Economics, 89 (9–10), September, 1907–33 19. Eric Neumayer and Thomas Plümper (2007), ‘The Gendered Nature of Natural Disasters: The Impact of Catastrophic Events on the Gender Gap in Life Expectancy, 1981–2002’, Annals of the Association of American Geographers, 97 (3), February, 551–66 20. Hideki Toya and Mark Skidmore (2007), ‘Economic Development and the Impacts of Natural Disasters’, Economics Letters, 94 (1), January, 20–25 21. Michel Masozera, Melissa Bailey and Charles Kerchner (2007), ‘Distribution of Impacts of Natural Disasters across Income Groups: A Case Study of New Orleans’, Ecological Economics: Ecological Economics of Coastal Disasters–Coastal Disasters Special Section, 63 (2–3), August, 299–306 22. Derek K. Kellenberg and Ahmed Mushfiq Mobarak (2008), ‘Does Rising Income Increase or Decrease Damage Risk from Natural Disasters?’, Journal of Urban Economics, 63 (3), May, 788–802 23. P.A. Raschky (2008), ‘Institutions and the Losses from Natural Disasters’, Natural Hazards and Earth System Sciences, 8 (4), July, 627–34 24. Roger A. Pielke Jr., Joel Gratz, Christopher W. Landsea, Douglas Collins, Mark A. Saunders and Rade Musulin (2008), ‘Normalized Hurricane Damage in the United States: 1900–2005’, Natural Hazards Review, 9 (1), February, 29–42 25. Alvaro S. Pereira (2009), ‘The Opportunity of a Disaster: The Economic Impact of the 1755 Lisbon Earthquake’, Journal of Economic History, 69 (2), June, 466–99 26. Mark Skidmore and Hideki Toya (2013), ‘Natural Disaster Impacts and Fiscal Decentralization’, Land Economics, 89 (1), February, 101–17 27. Richard Hornbeck and Suresh Naidu (2014), ‘When the Levee Breaks: Black Migration and Economic Development in the American South’, American Economic Review, 104 (3), March, 963–90 28. Daniel P. Aldrich and Yasuyuki Sawada (2015), ‘The Physical and Social Determinants of Mortality in the 3.11 Tsunami’, Social Science and Medicine, 124, January, 66–75 29. Hideki Toya and Mark Skidmore (2015), ‘Information/Communication Technology and Natural Disaster Vulnerability’, Economics Letters, 137, December, 143–5 PART III NATURAL DISASTER RESILIENCE, RECOVERY AND ADAPTATION A. Resilience 30. David S. Brookshire, Mark A. Thayer, John Tschirhart and William D. Schulze (1985), ‘A Test of the Expected Utility Model: Evidence from Earthquake Risks’, Journal of Political Economy, 93 (2), April, 369–89 31. Howard Kunreuther (1996), ‘Mitigating Disaster Losses through Insurance’, Journal of Risk and Uncertainty, Special Issue: The Stanford University Conference on Social Treatment of Catastrophic Risk, 12 (2–3), May, 171–87 32. Raymond J. Burby, Robert E. Deyle, David R. Godschalk and Robert B. Olshansky (2000), ‘Creating Hazard Resilient Communities through Land-Use Planning’, Natural Hazards Review, 1 (2), May, 99–106 33. Gary Yohe and Richard S.J. Tol (2002), ‘Indicators for Social and Economic Coping Capacity – Moving toward a Working Definition of Adaptive Capacity’, Global Environmental Change, 12 (1), April, 25–40 34. Emmanuel Skoufias (2003), ‘Economic Crises and Natural Disasters: Coping Strategies and Policy Implications’, World Development: Economic Crises, Natural Disasters, and Poverty, 31 (7), July, 1087–102 35. David R. Godschalk (2003), ‘Urban Hazard Mitigation: Creating Resilient Cities’, Natural Hazards Review, 4 (3), August, 136–43 36. Fanny Henriet, Stéphane Hallegatte and Lionel Tabourier (2012), ‘Firm-Network Characteristics and Economic Robustness to Natural Disasters’, Journal of Economic Dynamics and Control, 36 (1), January, 150–67 B. Recovery 37. George Horwich (2000), ‘Economic Lessons of the Kobe Earthquake’, Economic Development and Cultural Change, 48 (3), April, 521–42 38. R.W. Kates, C.E. Colten, S. Laska and S.P. Leatherman (2006), ‘Reconstruction of New Orleans after Hurricane Katrina: A Research Perspective’, Proceedings of the National Academy of Sciences, 103 (40), October, 14653–60 39. David Strömberg (2007), ‘Natural Disasters, Economic Development, and Humanitarian Aid’, Journal of Economic Perspectives, 21 (3), Summer, 199–222 C. Adaptation 40. Timothy Besley and Robin Burgess (2002), ‘The Political Economy of Government Responsiveness: Theory and Evidence from India’, Quarterly Journal of Economics, 117 (4), November, 1415–51 41. Nick Brooks, W. Neil Adger and P. Mick Kelly (2005), ‘The Determinants of Vulnerability and Adaptive Capacity at the National Level and the Implications for Adaptation’, Global Environmental Change: Adaptation to Climate Change: Perspectives across Scales, 15 (2), July, 151–63 42. Raymond J. Burby (2006), ‘Hurricane Katrina and the Paradoxes of Government Disaster Policy: Bringing About Wise Governmental Decisions for Hazardous Areas’, Annals of the American Academy of Political and Social Science, 604 (1), March, 171–91 43. Andrew Healy and Neil Malhotra (2009), ‘Myopic Voters and Natural Disaster Policy’, American Political Science Review, 103 (3), August, 387–406 44. Leah Platt Boustan, Matthew E. Kahn and Paul W. Rhode (2012), ‘Moving to Higher Ground: Migration Response to Natural Disasters in the Early Twentieth Century’, American Economic Review: Papers and Proceedings, 102 (3), May, 238–44 45. Nathalie Francken, Bart Minten and Johan F.M. Swinnen (2012), ‘The Political Economy of Relief Aid Allocation: Evidence from Madagascar’, World Development, 40 (3), March, 486–500 46. Stefan Hochrainer-Stigler, Reinhard Mechler, Georg Pflug and Keith Williges (2014), ‘Funding Public Adaptation to Climate-Related Disasters. Estimates for a Global Fund’, Global Environmental Change, 25, March, 87–96 47. Hideki Toya and Mark Skidmore (2014), ‘Do Natural Disasters Enhance Societal Trust?’, Kyklos, 67 (2), May, 255–79 Index

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Book Synopsis'Daly's contributions to the still emergent field of ecological economics are constant references for our peers throughout the developing world as well as in the North. His courageous tilting at the windmills of mainstream economic nonsense inspire us to continue questioning: in whose interests do we continue on a perpetual search for unlimited material satisfaction? Daly's conception is not only of a world restricted by biophysical limits, but also one in which poverty and deprivation are commonplace, and where Sisyphean efforts to maintain accelerated economic growth only exacerbate inequitable distribution. His vision of sustainable economic welfare shed light on other aspects of our existence which make it worth living. Thanks to Farley, Rees, El Serafy, Goodland and other fellow travelers, we are bestowed with an excellent collection synthesizing Daly's contributions to our work, which will inspire our youth and their children long after we too depart.'- Peter H. May, President, Brazilian Society for Ecological Economics (ECOECO)'Contributed by several eminent thinkers, the chapters in this book herald the paradigm shift that is needed to save the scientific framework of economics. In spite of the conceptual inconsistencies, GDP continues to be accepted by the nation states as the singular parameter to comprehensively describe the health of their economy. What gets easily hidden behind 'Market Failures ' is actually the success of cost-shifting on the heads of the ignorant and marginalized people as 'price for economic growth'. The chapters eloquently establish the need for moving beyond the religious faith on a paradigm that is facing fundamental conceptual challenges but has not addressed them with due seriousness. What is a greater contribution of this collection is the identification of the gaps in knowledge of economics that need to be filled-up to arrive at some basic articulations of the new paradigm that can throw some light on what is ecologically and socially 'Sustainable Development'.'- Jayanta Bandyopadhyay, Past President, The Indian Society for Ecological Economics'The title Beyond Uneconomic Growth captures both the core of Herman Daly's key message and the linguistic mastery that makes his texts so enjoyable to read. The book forms a great tribute to the work of Herman Daly by gathering a distinguished set of contributors, covering a a wide variety of the topics that Daly has dealt with, and pointing in new directions.'- Inge Røpke, Aalborg University, DenmarkThis engaging book brings together leading ecological economists to collectively present a definitive case for looking beyond economic growth as the sole panacea for the world's ecological predicament. Grounded in physics, ecology, and the science of human behavior, contributors show how economic growth itself has become ''uneconomic'' and adds to a ravaging of both social and ecological cohesion.Guided by a clear moral vision that prioritizes sustainability and justice over profit, the authors provide a blueprint for an economy that replaces quantitative growth with qualitative improvement to enhance human welfare while restoring degraded ecosystems. They present solutions for many of today's challenges, ranging from global climate change and biodiversity loss to natural resource depletion. This interdisciplinary work not only relates ecological economics theory to the most urgent predicaments of the contemporary world, but also pays tribute to the work of Herman Daly, a leading pioneer of modern ecological economics.Researchers and faculty studying and teaching ecological economics and environmental studies will find value in this unprecedented book. It will also be of interest to practitioners working to solve a variety of global environmental issues.Trade ReviewBeyond Uneconomic Growth is a fine collection of essays documenting, supporting, and building on the powerful contributions of Herman Daly to the field of ecological economics. Conventional economists focus on allocation, or efficiency, are only now becoming concerned again about distribution, and have yet to realize that the scale of the economy must be compatible with, i.e. significantly smaller than, the biophysical system. Ecological economists start with scale, are centrally concerned with distribution, or with who gets what, and only lastly are concerned with efficiency. Herman Daly set the stage on which ecological economists perform.' --Richard B. Norgaard, University of California, Berkeley, US'Herman Daly is the greatest, and most under-appreciated, economist of our time. This volume, in which other economists and scientists whom he has influenced celebrate and discuss his work, is valuable both as an appreciation of, and as an introduction to the field of ecological economics-which Daly spearheaded. It is essential reading for anyone who desires a human economy that respects nature's limits and can therefore be sustained far into the future.' --Richard Heinberg, Post Carbon Institute'Excellent read. Speaking of the valuable and unique contribution of Herman Daly, the authors succeed in expanding the existing knowledge around Herman's ideas and reflections. They also provide an insight into the origins and evolution of ecological economics. Thus, the book helps to understand the role that Herman has played in the construction process of the steady-state economy, its most important contribution perhaps to a prudent use of nature with a view to promoting the highest good of mankind - happiness. This rich volume will greatly assist in strengthening the foundations of ecological economics.' --Clóvis Cavalcanti, President Elect of the International Society for Ecological Economics (ISEE)Table of ContentsContents: In Memoriam for Robert Goodland PART I INTRODUCTION 1. The Foundations for an Ecological Economy: An Overview Joshua Farley 2. The World in Over-shoot: A Celebration of Herman Daly’s Contributions to Ecological Economics – The Science of Sustainability Robert Goodland 3. Toward a Sustainable and Desirable Future: A 35 Year Collaboration with Herman Daly Robert Costanza PART II CHANGING THE PARADIGM:WHAT IS BIOPHYSICALLY POSSIBLE, AND HOW DO HUMANS BEHAVE? 4. Population, Resources, and Energy in the Global Economy: A Vindication of Herman Daly’s Vision Jonathan M. Harris 5. On Limits Arild Vatn 6. Toward a Science-based Theory of Behavior: Building on Georgescu-Roegen John Gowdy 7. Denying Herman Daly: Why Conventional Economics will not Embrace the Daly Vision William E. Rees PART III CHANGING THE GOALS: WHAT IS SOCIALLY, PSYCHOLOGICALLY AND ETHICALLY DESIRABLE? 8. The Importance of Just Distribution in a ‘Full’ World Philip Lawn 9. Hicksian Income, Welfare, and the Steady State Salah El Serafy PART IV CHANGING THE RULES: INSTITUTIONS FOR A SUSTAINABLE AND DESIRABLE FUTURE 10. Ecological and Georgist Economic Principles: A Comparison Clifford Cobb 11. Making Money John B. Cobb, Jr. PART V THE STEADY-STATE ECONOMY 12. The Steady-state Economy Peter A. Victor 13. Socially Sustainable Economic Degrowth Joan Martinez Alier 14. Politics for a Steady State Economy Brain Czech PART VI CONCLUSIONS 15. The Unfinished Journey of Ecological Economics: Toward an Ethic of Ecological Citizenship Peter G. Brown Index

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Book SynopsisThis important volume brings together seminal papers investigating the framework upon which the economic analysis of land markets is based, stretching from the earliest insights of the founding fathers to current debates and research. Recent work on the process and implications of 'land value capitalisation' and land use regulation is well represented, for due to capitalisation, land is responsible for far more of the distribution of real incomes than is widely recognised. This collection settles this, restoring the study of land markets to its rightful place - central to economic understanding.With an original introduction by the editors this insightful collection is an essential reference point for students, researchers and policymakers.Trade Review‘Paul Cheshire and Christian Hilber have put together the “go-to” collection for any student interested in land market regulations and their effects. This volume gathers all the classics on the topic over the last sixty years with a welcome focus on recent developments in this active area of research. This collected volume is also very usefully supplemented by an insightful introduction by the two editors.’ -- Gilles Duranton, University of Pennsylvania, USTable of ContentsContents: Acknowledgements Introduction Paul C. Cheshire and Christian A.L. Hilber PART I FOUNDATIONS AND ANALYTICAL ORIGINS 1. Paul A. Samuelson (1983), ‘Thünen at Two Hundred’, Journal of Economic Literature, XXI (4), December, 1468–88 2. Colin Clark (1967), ‘Von Thünen’s Isolated State’, Oxford Economic Papers, New Series, 19 (3), November, 370–77 3. William Alonso (1960), ‘A Theory of the Urban Land Market’, Papers and Proceedings of the Regional Science Association, 6 (1), January, 149–57 4. Edwin S. Mills (1967), ‘An Aggregative Model of Resource Allocation in a Metropolitan Area’, American Economic Review, 57 (2), May, 197–210 5. Dennis R. Capozza and Robert W. Helsley (1989), ‘The Fundamentals of Land Prices and Urban Growth’, Journal of Urban Economics, 26 (3), November, 295–306 PART II BEYOND THE MONOCENTRIC MODEL 6. Peter Mieszkowski and Edwin S. Mills (1993), ‘The Causes of Metropolitan Suburbanization’, Journal of Economic Perspectives, 7 (3), Summer, 135-47 7. Sheridan Titman (1985), ‘Urban Land Prices under Uncertainty’, American Economic Review, 75 (3), June, 505–14 8. Dennis R. Capozza and Robert W. Helsley (1990), ‘The Stochastic City’, Journal of Urban Economics, 28 (2), September, 187–203 9. Laarni Bulan, Christopher Mayer and C. Tsuriel Somerville (2009), ‘Irreversible Investment, Real Options, and Competition: Evidence from Real Estate Development’, Journal of Urban Economics, 65 (3), May, 237–51 10. William C. Wheaton (2004), ‘Commuting, Congestion, and Employment Dispersal in Cities with Mixed Land Use’, Journal of Urban Economics, 55 (3), May, 417–38 11. John F. McDonald and Daniel P. McMillen (2000), ‘Employment Subcenters and Subsequent Real Estate Development in Suburban Chicago’, Journal of Urban Economics, 48 (1), July, 135–57 12. Marcy Burchfield, Henry G. Overman, Diego Puga and Matthew A. Turner (2006), ‘Causes of Sprawl: A Portrait from Space’, Quarterly Journal of Economics, 121 (2), May, 587–633 13. Stuart S. Rosenthal and Robert W. Helsley (1994), ‘Redevelopment and the Urban Land Price Gradient’, Journal of Urban Economics, 35 (2), March, 182–200 14. Edward L. Glaeser and Joseph Gyourko (2005), ‘Urban Decline and Durable Housing’, Journal of Political Economy, 113 (2), April, 345–75 15. Hans R.A. Koster, Jos van Ommeron and Piet Rietveld (2014), ‘Is the Sky the Limit? High-rise Buildings and Office Rents’, Journal of Economic Geography, 14 (1), January, 125–53 PART III WHAT GETS CAPITALISED? 16. Paul Cheshire and Stephen Sheppard (2004), ‘Capitalising the Value of Free Schools: The Impact of Supply Characteristics and Uncertainty’, Economic Journal, 114, November, F397–F424 17. Soren T. Anderson and Sarah E. West (2006), ‘Open Space, Residential Property Values, and Spatial Context’, Regional Science and Urban Economics, 36 (6), November, 773–89 18. Stephen Gibbons and Stephen Machin (2005), ‘Valuing Rail Access Using Transport Innovations’, Journal of Urban Economics, 57 (1), January, 148–69 19. Nicolai V. Kuminoff and Jaren C. Pope (2014), ‘Do “Capitalization Effects” for Public Goods Reveal the Public’s Willingness to Pay?’, International Economic Review, 55 (4), November, 1227–50 20. Andreas Mense and Konstantin A. Kholodilin (2014), ‘Noise Expectations and House Prices: The Reaction of Property Prices to an Airport Expansion’, Annals of Regional Science, 52 (3), May, 763–97 PART IV REGULATING LAND MARKETS 21. Paul Cheshire and Stephen Sheppard (2002), ‘The Welfare Economics of Land Use Planning’, Journal of Urban Economics, 52 (2), September, 242–69 22. William A. Fischel (2001), ‘Homevoters, Municipal Corporate Governance, and the Benefit View of the Property Tax’, National Tax Journal, LIV (1), March, 157–73 23. Albert Saiz (2010), ‘The Geographic Determinants of Housing Supply’, Quarterly Journal of Economics, 125 (3), August, 1253–96 24. Edward L. Glaeser and Bryce A. Ward (2009), ‘The Causes and Consequences of Land Use Regulation: Evidence from Greater Boston’, Journal of Urban Economics, 65 (3), May, 265–78 25. Edward L. Glaeser, Joseph Gyourko and Raven Saks (2005), ‘Why is Manhattan so Expensive? Regulation and the Rise in Housing Prices’, Journal of Law and Economics, XLVIII, October, 331–69 26. Christian A.L. Hilber and Frédéric Robert-Nicoud (2013), ‘On the Origins of Land Use Regulations: Theory and Evidence from US Metro Areas’, Journal of Urban Economics, 75, May, 29–43 27. John M. Quigley and Steven Raphael (2005), ‘Regulation and the High Cost of Housing in California’, American Economic Review, 95 (2), May, 323–8 28. Paul Cheshire and Christian Hilber (2008), ‘Office Space Supply Restrictions in Britain: The Political Economy of Market Revenge’, Economic Journal, 118, June, F185–F221 29. Christian A.L. Hilber and Wouter Vermeulen (2016), ‘The Impact of Supply Constraints on House Prices in England’, Economic Journal, 126 (591), March, 358-405 PART V TAXES AND LOCAL PUBLIC GOODS 30. Richard J. Arnott and Joseph E. Stiglitz (1979), ‘Aggregate Land Rents, Expenditure on Public Goods, and Optimal City Size’, Quarterly Journal of Economics, XCIII (4), November, 471–500 31. Jan K. Brueckner (1982), ‘A Test for Allocative Efficiency in the Local Public Sector’, Journal of Public Economics, 19 (3), December, 311–31 32. Charles M. Tiebout (1956), ‘A Pure Theory of Local Expenditures’, Journal of Political Economy, 64 (5), October, 416–24 33. Wallace E. Oates (1969), ‘The Effects of Property Taxes and Local Public Spending on Property Values: An Empirical Study of Tax Capitalization and the Tiebout Hypothesis’, Journal of Political Economy, 77 (6), November–December, 957–71 34. H. Spencer Banzhaf and Randall P. Walsh (2008), ‘Do People Vote with Their Feet? An Empirical Test of Tiebout’s Mechanism’, American Economic Review, 98 (3), June, 843–63 Index

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Book SynopsisEnvironmental Policy is an increasingly important subject as we enter an era where environmental issues are affecting all walks of life. This informative Research Review provides a guide through the behavioral and political foundations of environmental economic policy. It discusses articles which give an in-depth view of the current economic discipline whilst also looking at research from other social and behavioral sciences. Students and scholars as well as environmental policy makers will find this an essential tool to navigate the political and behavioural issues that we have to understand in order to resolve some of the biggest political issues of our time.Table of ContentsContents: Research Review Thomas Sterner and Jessica Coria PART I BEHAVIORAL DIMENSIONS A Bounded Self–Interest 1. Roland Bénabou and Jean Tirole (2003), ‘Intrinsic and Extrinsic Motivation’, Review of Economic Studies, 70 (3), July, 489–520 2. Kjell Arne Brekke, Snorre Kverndokk and Karine Nyborg (2003), ‘An Economic Model of Moral Motivation’, Journal of Public Economics, 87 (9–10), September, 1967–83 3. Olof Johansson–Stenman and James Konow (2010), ‘Fair Air: Distributive Justice and Environmental Economics’, Environmental and Resource Economics, Special Issue: Behavioral Economics and the Environment, 46 (2), June, 147–66 4. Elizabeth Gsottbauer and Jeroen C. J. M. van den Bergh (2013), ‘Bounded Rationality and Social Interaction in Negotiating a Climate Agreement’, International Environmental Agreements: Politics, Law and Economics, 13 (3), September, 225–49 5. Matthew E. Kahn (2007), ‘Do Greens Drive Hummers or Hybrids? Environmental Ideology as a Determinant of Consumer Choice’, Journal of Environmental Economics and Management, 54 (2), September, 129–45 6. Francisco Alpizar, Fredrik Carlsson and Olof Johansson–Stenman (2008), ‘Anonymity, Reciprocity, and Conformity: Evidence from Voluntary Contributions to a National Park in Costa Rica’, Journal of Public Economics, 92 (5–6), June, 1047–60 7. Noah J. Goldstein, Robert B. Cialdini and Vladas Griskevicius (2008), ‘A Room with a Viewpoint: Using Social Norms to Motivate Environmental Conservation in Hotels’, Journal of Consumer Research, 35 (3), October, 472–82 8. Jen Shang and Rachel Croson (2009), ‘A Field Experiment in Charitable Contribution: The Impact of Social Information on the Voluntary Provision of Public Goods’, Economic Journal, 119 (540), October, 1422–39 9. Hunt Allcott (2011), ‘Social Norms and Energy Conservation’, Journal of Public Economics, Special Issue: The Role of Firms in Tax Systems, 95 (9–10), October, 1082–95 10. Ernst Fehr and Andreas Leibbrandt (2011), ‘A Field Study on Cooperativeness and Impatience in the Tragedy of the Commons’, Journal of Public Economics, Special Issue: The Role of Firms in Tax Systems, 95 (9–10), October, 1144–55 11. Paul J. Ferraro, Juan Jose Miranda and Michael K. Price (2011), ‘The Persistence of Treatment Effects with Norm-Based Policy Instruments: Evidence from a Randomized Environmental Policy Experiment’, American Economic Review, 101 (3), May, 318–22 12. Alessandro Tavoni, Astrid Dannenberg, Giorgos Kallis, and Andreas Löschel (2011), ‘Inequality, Communication, and the Avoidance of Disastrous Climate Change in a Public Good Game’, Proceedings of the National Academy of Sciences, 108 (29), July, 11825–9 13. W. Kip Viscusi, Joel Huber and Jason Bell (2011), ‘Promoting Recycling: Private Values, Social Norms, and Economic Incentives’, American Economic Review, 101 (3), May, 65–70 14. Dora L. Costa and Matthew E. Kahn (2013), ‘Energy Conservation “Nudges” and Environmental Ideology: Evidence from a Randomized Residential Electricity Field Experiment’, Journal of the European Economic Association, Themed Issue: Social Norms: Theory and Evidence from Laboratory and Field, 11 (3), June, 680–702 B Bounded Rationality 15. Larry Karp (2005), ‘Global Warming and Hyperbolic Discounting’, Journal of Public Economics, 89 (2–3), February, 261–82 16. Kjell Arne Brekke and Olof Johansson–Stenman (2008), ‘The Behavioural Economics of Climate Change’, Oxford Review of Economic Policy, 24 (2), Summer, 280–97 17. John M. Gowdy (2008), ‘Behavioral Economics and Climate Change Policy’, Journal of Economics Behaviour and Organization, 68 (3–4), December, 632–44 18. Fredrik Carlsson (2010), ‘Design of Stated Preference Surveys: Is There More to Learn from Behavioral Economics?’, Environmental and Resource Economics, Special Issue: Behavioral Economics and the Environment, 46 (2), June, 167–77 19. Cameron Hepburn, Stephen Duncan and Antonis Papachristodoulou (2010), ‘Behavioural Economics, Hyperbolic Discounting and Environmental Policy’, Environmental and Resource Economics, 46 (2), June, 189–206 20. James K. Hammitt (2013), ‘Positive versus Normative Justifications for Benefit–Cost Analysis: Implications for Interpretation and Policy’, Review of Environmental Economics and Policy, 7 (2), Summer, 199–218 21. Juan Camilo Cardenas, John Stranlund and Cleve Willis (2000), ‘Local Environmental Control and Institutional Crowding–Out’, World Development, 28 (10), October, 1719–33 22. Heinz Welsch (2002), ‘Preferences over Prosperity and Pollution: Environmental Valuation based on Happiness Surveys, Kyklos, 55 (4), November, 473–94 23. John A. List (2003), ‘Does Market Experience Eliminate Market Anomalies?’, Quarterly Journal of Economics, 118 (1), February, 41–71 24. Daniel Kahneman and Robert Sugden (2005), ‘Experienced Utility as a Standard of Policy Evaluation’, Environmental and Resource Economics, Anomalies and Stated Preference Techniques, 32 (1), September, 161-81 25. Charles R. Plott and Kathryn Zeiler (2005), ‘The Willingness to Pay–Willingness to Accept Gap, the “Endowment Effect,” Subject Misconceptions, and Experimental Procedures for Eliciting Valuations’, American Economic Review, 95 (3), June, 530–45 26. Katrin Rehdanz and David Maddison (2005), ‘Climate and Happiness’, Ecological Economics, 52 (1), January, 111–25 27. Daniel Pichert and Konstantinos V. Katsikopoulos (2008), ‘Green Defaults: Information Presentation and Pro-Environmental Behaviour’, Journal of Environmental Psychology, 28 (1), March, 63–73 28 W. Kip Viscusi, Joel Huber and Jason Bell (2008), ‘Estimating Discount Rates for Environmental Quality from Utility-Based Choice Experiments’, Journal of Risk and Uncertainty, 37 (2–3), December, 199–220 29. Jason F. Shogren, Gregory M. Pankhurst and Prasenjit Banerjee (2010), ‘Two Cheers and a Qualm for Behavioral Environmental Economics’, Environmental and Resource Economics, Special Issue: Behavioral Economics and the Environment, 46 (2), June, 235–247 30. Kelly Sims Gallagher and Erich Muehlegger (2011), ‘Giving Green to Get Green? Incentives and Consumer Adoption of Hybrid Vehicle Technology’, Journal of Environmental Economics and Management, 61 (1), January, 1–15 31. Steffen Kallbekken, Stephan Kroll and Todd L. Cherry (2011), ‘Do You Not Like Pigou, or Do You Not Understand Him? Tax Aversion and Revenue Recycling in the Lab’, Journal of Environmental Economics and Management, 62 (1), July, 53–64 PART II POLITICAL DIMENSIONS A Political Economy of Environmental Policy, Institutions and Distributional Effects 32. Gert Tinggard Svendsen (1999), ‘U.S. Interest Groups Prefer Emission Trading: A New Perspective’, Public Choice, 101 (1–2), October, 109–28 33. Niels Anger, Christoph Böhringer and Andreas Lange (2015), ‘The Political Economy of Energy Tax Differentiation Across Industries: Theory and Empirical Evidence’, Journal of Regulatory Economics, 47 (1), February, 78–98 34. Per G. Fredriksson, Eric Neumayer, Richard Damania and Scott Gates (2005), ‘Environmentalism, Democracy, and Pollution Control’, Journal of Environmental Economics and Management, 49 (2), March, 343–65 35. John A. List and Daniel M. Sturm (2006), ‘How Elections Matter: Theory and Evidence from Environmental Policy’, Quarterly Journal of Economics, 121 (4), November, 1249–81 36. Scott Barrett (1998), ‘Political Economy of the Kyoto Protocol’, Oxford Review of Economic Policy, 14 (4), December, 20–39 37. Nathaniel O. Keohane (2009), ‘Cap and Trade, Rehabilitated: Using Tradable Permits to Control U.S. Greenhouse Gases’, Review of Environmental Economics and Policy, 3 (1), Winter, 42–62 38. Meredith Fowlie, Stephen P. Holland and Erin T. Mansur (2012), ‘What do Emissions Markets Deliver and to Whom? Evidence from Southern California’s NOx Trading Program’, American Economic Review, 102 (2), April, 965–93 39. Ralf Martin, Mirabelle Muûls, Laure B. de Preux and Ulrich J. Wagner (2014), ‘Industry Compensation under Relocation Risk: A Firm–Level Analysis of the EU Emissions Trading Scheme’, American Economic Review, 104 (8), August, 2482–508 40. Roger D. Congleton (1992), ‘Political Institutions and Pollution Control’, Review of Economics and Statistics, 74 (3), August, 412–21 41. Dietrich Earnhart (1997), ‘Enforcement of Environmental Protection Laws under Communism and Democracy’, Journal of Law and Economics, 40 (2), October, 377–402 42. Thomas Bernauer and Vally Koubi (2013), ‘Are Bigger Governments Better Providers of Public Goods? Evidence from Air Pollution’, Public Choice, 156 (3–4), September, 593–609 B Dealing with Political Constraints in Policy Design 43. Mark Pearson (1995), ‘The Political Economy of Implementing Environmental Taxes’, International Tax and Public Finance, 2 (2), August, 357–73 44. Gebhard Kirchgässner and Friedrich Schneider (2003), ‘On the Political Economy of Environmental Policy’ Public Choice, 115 (3–4), June, 369–96 45. Robert W. Hahn (2009), ‘Greenhouse Gas Auctions and Taxes: Some Political Economy Considerations’, Review of Environmental Economics and Policy, 3 (2), Summer, 167–88 46. Gilbert E. Metcalf (2009), ‘Designing a Carbon Tax to Reduce U.S. Greenhouse Gas Emissions’, Review of Environmental Economics and Policy, 3 (1), Winter, 63–83 47. Toke S. Aidt (2010), ‘Green Taxes: Refunding Rules and Lobbying’, Journal of Environmental Economics and Management, 60 (1), July, 31–43 48. Winston Harrington, Alan J. Krupnick and Anna Alberini (2001), ‘Overcoming Public Aversion to Congestion Pricing’, Transportation Research Part A: Policy and Practice, 35 (2), February, 87–105 Index

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Book SynopsisThis Handbook assembles new contributions from influential authors such as Herman Daly, Paul Ekins, Marina Fischer-Kowalski, Jeroen van den Bergh, William E. Rees, Peter Bartelmus and Tim Jackson, who have helped define our understanding of growth and sustainability, as well as new thinking on topics such as degrowth, the debt-based financial system, cultural change, energy return on investment, shorter working hours and employment, and innovation and technology. Explorations of these issues can deepen our understanding of whether growth is sustainable and, in turn, whether a move away from growth can be sustained.With issues such as climate change looming large, our understanding of growth and sustainability is critical. This Handbook offers a broad range of perspectives that can help the reader decide: growth? Sustainability? Both? Or neither? Contributions are drawn from a wide range of disciplinary perspectives including economics, sociology, political science, philosophy, engineering and journalism, placing the work of established luminaries alongside emerging scholars who offer fresh new perspectives. A special section dedicated to exploring 'growth imperatives' that make transitioning away from economic growth difficult is provided, and the book includes a focus on cultural change and economic growth. Scholars, students and practitioners interested in ecological economics, sustainability and environmental studies will all find much of value in this multifaceted and comprehensive volume.Contributors: P. Bartelmus, B. Bartkowski, H.S. Brown, H. Daly, B. Dolter, P. Ekins, K.-H. Erb, M. Fischer-Kowalski, T. Green, H. Haberl, M. Hadjikakou, C. Hall, A. Hayden, T. Jackson, G. Kallis, A. Levy, R. Matthais, J. Meadowcroft, M. Paez-Victor, S. Pressman, S. Quilley, W. Rees, H. Schindler, F. Schneider, R. Scott, F. Sekulova, J. Steinberger, S. Strunz, P. Timmerman, J. Van Den Bergh, P.J. Vergragt, P.A Victor, T. WiedmannTrade Review‘Expertly presented with its twenty-three erudite articles being deftly organized into five major sections . . . the Handbook on Growth and Sustainability Is an ideal textbook for scholars, students and practitioners with interest in ecological economics, sustainability and environmental studies. While unreservedly recommended for college and university library collections, it should be noted for the personal reading lists of students, academia, and non-specialist general readers with an interest in the subject that the Handbook on Growth and Sustainability is also available in a paperback edition’ -- Willis M. Buhle, Midwest Book ReviewTable of ContentsContents: 1. From Growth to Sustainability Brett Dolter and Peter A. Victor PART I WHAT IS GROWTH? WHAT IS SUSTAINABILITY? 2. Growth, Development and Learning to Live in a Finite World Peter Timmerman 3. Sustainable development, limits and growth: Reflections on the conundrum James Meadowcroft 4. Sustainability Metrics and Their Use Peter Bartelmus PART II CAN GROWTH BE SUSTAINABLE? 5. A New Economics for Our Full World Herman Daly 6. Ecological Modernisation and Green Growth: Prospects and Potential Paul Ekins 7. Climate Change, Growth, and Sustainability Anders Hayden 8. Climate Change, Happiness and Income from a Degrowth Perspective Filka Sekulova, Giorgos Kallis and François Schneider 9. Green Agrowth: Removing the GDP-Growth Constraint on Human Progress Jeroen C.J.M. van den Bergh PART III IS THE END OF GROWTH NIGH? SUSTAINABILITY CONSTRAINTS ON GROWTH 10. Innovation, Technology, and Economic Growth Matthais Ruth 11. Energy, Economic Growth and Sustainability: An Energy Primer for the 21st Century Charles A. S. Hall 12. Shortcomings of a Growth-Driven Food System Michalis Hadjikakou and Thomas Wiedmann 13. Land as a Planetary Boundary – A Sociological Perspective Helmut Haberl and Karl-Heinz Erb PART IV ARE THERE IMPERATIVES FOR GROWTH? 14. Prometheus Unwound: Shorter Hours for Sustainable Degrowth Andrea Levy 15. Is there a Monetary Growth Imperative? A review Sebastian Strunz, Bartosz Bartkowski and Harry Schindler 16. Thomas Piketty, Growth, Distribution and the Environment Steven Pressman and Robert H. Scott, III 17. Growth and Sustainability in a Material World: The Self-Reinforcing Cycle of Population, GDP and Resource Use Marina Fischer-Kowalski and Julia K. Steinberger PART V IS IT POSSIBLE TO MOVE BEYOND GROWTH CULTURE? 18. Economic Growth, Biophysical Limits and Sustainability in Economics Textbooks Since 1948 Tom L. Green 19. From Growth to Sustainability: Cultural Transition Beyond Consumerist Lifestyles Halina Szejnwald Brown and Philip J. Vergragt 20. Navigating the Anthropocene: Environmental Politics and Complexity in an Era of Limits Stephen Quilley 21. Questioning Sustainability in Latin America Maria Páez Victor 22. Going Down? Human Nature, Growth and (Un)Sustainability William E. Rees 23. Beyond Consumer Capitalism - foundations for a sustainable prosperity Tim Jackson Index

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Book SynopsisThis Handbook assembles new contributions from influential authors such as Herman Daly, Paul Ekins, Marina Fischer-Kowalski, Jeroen van den Bergh, William E. Rees, Peter Bartelmus and Tim Jackson, who have helped define our understanding of growth and sustainability, as well as new thinking on topics such as degrowth, the debt-based financial system, cultural change, energy return on investment, shorter working hours and employment, and innovation and technology. Explorations of these issues can deepen our understanding of whether growth is sustainable and, in turn, whether a move away from growth can be sustained.With issues such as climate change looming large, our understanding of growth and sustainability is critical. This Handbook offers a broad range of perspectives that can help the reader decide: growth? Sustainability? Both? Or neither? Contributions are drawn from a wide range of disciplinary perspectives including economics, sociology, political science, philosophy, engineering and journalism, placing the work of established luminaries alongside emerging scholars who offer fresh new perspectives. A special section dedicated to exploring 'growth imperatives' that make transitioning away from economic growth difficult is provided, and the book includes a focus on cultural change and economic growth. Scholars, students and practitioners interested in ecological economics, sustainability and environmental studies will all find much of value in this multifaceted and comprehensive volume.Contributors: P. Bartelmus, B. Bartkowski, H.S. Brown, H. Daly, B. Dolter, P. Ekins, K.-H. Erb, M. Fischer-Kowalski, T. Green, H. Haberl, M. Hadjikakou, C. Hall, A. Hayden, T. Jackson, G. Kallis, A. Levy, R. Matthais, J. Meadowcroft, M. Paez-Victor, S. Pressman, S. Quilley, W. Rees, H. Schindler, F. Schneider, R. Scott, F. Sekulova, J. Steinberger, S. Strunz, P. Timmerman, J. Van Den Bergh, P.J. Vergragt, P.A Victor, T. WiedmannTrade Review‘Expertly presented with its twenty-three erudite articles being deftly organized into five major sections . . . the Handbook on Growth and Sustainability Is an ideal textbook for scholars, students and practitioners with interest in ecological economics, sustainability and environmental studies. While unreservedly recommended for college and university library collections, it should be noted for the personal reading lists of students, academia, and non-specialist general readers with an interest in the subject that the Handbook on Growth and Sustainability is also available in a paperback edition’ -- Willis M. Buhle, Midwest Book ReviewTable of ContentsContents: 1. From Growth to Sustainability Brett Dolter and Peter A. Victor PART I WHAT IS GROWTH? WHAT IS SUSTAINABILITY? 2. Growth, Development and Learning to Live in a Finite World Peter Timmerman 3. Sustainable development, limits and growth: Reflections on the conundrum James Meadowcroft 4. Sustainability Metrics and Their Use Peter Bartelmus PART II CAN GROWTH BE SUSTAINABLE? 5. A New Economics for Our Full World Herman Daly 6. Ecological Modernisation and Green Growth: Prospects and Potential Paul Ekins 7. Climate Change, Growth, and Sustainability Anders Hayden 8. Climate Change, Happiness and Income from a Degrowth Perspective Filka Sekulova, Giorgos Kallis and François Schneider 9. Green Agrowth: Removing the GDP-Growth Constraint on Human Progress Jeroen C.J.M. van den Bergh PART III IS THE END OF GROWTH NIGH? SUSTAINABILITY CONSTRAINTS ON GROWTH 10. Innovation, Technology, and Economic Growth Matthais Ruth 11. Energy, Economic Growth and Sustainability: An Energy Primer for the 21st Century Charles A. S. Hall 12. Shortcomings of a Growth-Driven Food System Michalis Hadjikakou and Thomas Wiedmann 13. Land as a Planetary Boundary – A Sociological Perspective Helmut Haberl and Karl-Heinz Erb PART IV ARE THERE IMPERATIVES FOR GROWTH? 14. Prometheus Unwound: Shorter Hours for Sustainable Degrowth Andrea Levy 15. Is there a Monetary Growth Imperative? A review Sebastian Strunz, Bartosz Bartkowski and Harry Schindler 16. Thomas Piketty, Growth, Distribution and the Environment Steven Pressman and Robert H. Scott, III 17. Growth and Sustainability in a Material World: The Self-Reinforcing Cycle of Population, GDP and Resource Use Marina Fischer-Kowalski and Julia K. Steinberger PART V IS IT POSSIBLE TO MOVE BEYOND GROWTH CULTURE? 18. Economic Growth, Biophysical Limits and Sustainability in Economics Textbooks Since 1948 Tom L. Green 19. From Growth to Sustainability: Cultural Transition Beyond Consumerist Lifestyles Halina Szejnwald Brown and Philip J. Vergragt 20. Navigating the Anthropocene: Environmental Politics and Complexity in an Era of Limits Stephen Quilley 21. Questioning Sustainability in Latin America Maria Páez Victor 22. Going Down? Human Nature, Growth and (Un)Sustainability William E. Rees 23. Beyond Consumer Capitalism - foundations for a sustainable prosperity Tim Jackson Index

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Book SynopsisCan waste become a profitable business rather than a costly problem, creating green business opportunities and green jobs while protecting the environment? Might this reduce illegal trade and improper recycling of hazardous wastes by making the legitimate alternatives more attractive? Addressing these questions, this book examines environmentally sound waste management as a driver in the transition to a Green Economy, and discusses how this transition is challenged by technical limitations, weak regulatory environments and lack of financial incentives.This in-depth analysis of the link between waste management and a Green Economy identifies key elements of a solid overarching legal and policy framework that could address these challenges, noting that consistent implementation and enforcement is crucial. It complements its examination of the legal and policy issues with contributions on technical and economic aspects, taking into account the interdisciplinary nature of the problem, and offers a perspective from Asia, where the challenges of waste management as well as the possible opportunities are particularly significant.With interdisciplinary authorship and contributions drawn from academia and practice, this book will be a timely resource for academics and practitioners in the areas of law, policy and economics. It will also provide insights for civil servants engaged in waste policy and related areas, private sector operators engaged in waste management and sustainable development, and non-governmental organizations engaged in environmental protection and poverty reduction efforts.Contributors include: J. Baumgartner, M. Grosz, T. Hardman Reis, K. Kummer Peiry, J. Li, J. North, P. Portas, R. Rayfuse, M. Schluep, X. Sun, J. Voïnov Kohler, V. Weick, B. Zhu, A. ZieglerTable of ContentsContents: Introduction Andreas R. Ziegler, Katharina Kummer Peiry and Jorun Baumgartner PART I RESOURCE AND ENERGY RECOVERY FROM WASTES IN INTERNATIONAL ENVIRONMENTAL LAW AND POLICY 1 Principles of International Environmental Law Applicable to Waste Management Rosemary Rayfuse 2. Waste and International Law: Towards a Resource-based Approach? Tarcísio Hardman Reis 3. Recycling and Resource Recovery under the Basel Convention: Historical Analysis and Outlook Pierre Portas 4. A Paradigm Shift under the Basel Convention on Hazardous Wastes Juliette Voïnov Kohler 5. Transboundary Movements of Wastes and End-of-Life Goods under WTO Law Mirina Grosz PART 2: GREENING THE ECONOMY THROUGH WASTE MANAGEMENT 6. Green Economy and Sustainable Development Vera Weick 7. Resource Recovery from Electric and Electronic Waste Mathias Schluep 8. Landfill Gas-to-Energy as a Contribution to Greenhouse Gas Reduction Jessica North 9. Opportunities for Economically and Environmentally Sound Energy and Resource Recovery in Asia Jinhui Li, Xiaofei Sun and Baoli Zhu Conclusions Katharina Kummer Peiry, Andreas R. Ziegler and Jorun Baumgartner Index

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Book SynopsisThis Handbook offers a comprehensive overview of the latest research from leading scholars on the international political economy of energy and resources. Highlighting the important conceptual and empirical themes, the chapters study all levels of governance, from global to local, and explore the wide range of issues emerging in a changing political and economic environment. The original contributions analyse energy as a highly complex, interconnected policy area, including how energy markets and regimes are constituted and the governance institutions that are being designed to challenge existing establishments. A number of contributors focus on intersections between energy and other policy fields or sectors, or nexes. These include the climate change, energy and low carbon transitions nexus; the food, water and forestry nexus; the energy, resources and development nexus, and the global?national?local nexus in energy. Significantly, this Handbook ties the contributions together by exploring opportunities for sustainable transitions and avoiding resource scarcity whilst taking other social needs, such as development, into account.This Handbook will be an essential resource for scholars and students of international political economy, governance and development studies as it covers: the environment, development, human rights, global production, energy transitions and energy security.Contributors include: L. Baker, T. Boersma, J. Britton, E. Brutschin, J. Burton, A.A. Camba, R. Falkner, T. Foxon, C. Fraune, A. Goldthau, D. Gritsenko, A. Hira, R. Hiteva, L. Hughes, J. Jewell, M.F. Keating, C. Kuzemko, A. Lawrence, F. Lira, A. Losz, K. Lovell, H.E.S. Nesadurai, M. Nilsson, S. Onder, R. Quitzow, S. Raszewski, W.B. Renfro, J. Sharples, N. Sitter, M. Skalamera, B.K. Sovacool, C. Strambo, J. WilsonTrade Review'In the age of the Sustainable Development Goals, we can no longer afford to view energy in isolation from other resource ecologies, politics and economies. Covering a wide range of regions and sectors over 26 chapters, this Handbook provides a comprehensive and invaluable review of energy as a complex and contested terrain that intersects and overlaps with all areas of global politics in ways that can and should inform our understanding of international political economy. I highly recommend it.'> --Peter Newell, University of Sussex, UK'Edward Elgar's Handbooks of Research on International Political Economy series has been providing an ambitious resource to scholars and teachers of IPE for over two decades now, and this volume maintains this fine tradition. This is a wide-ranging and timely summation of where and how energy and natural resources affect our common global political economy. Get your library to order it so you too can use it now!' --Randall Germain, Carleton University, Canada'This Handbook is a highly valuable addition to recent scholarly advancement into the political economy of energy. It stands out by its innovative perspective of combining the theoretical approaches of international political economy and global public policy for the purpose of identifying nexus thinking - the analysis of the intersection between energy and other policy sectors. From this, the book provides a myriad of empirical studies over 26 chapters which really brings home the message of how manifold and multi-faceted the present political economy of energy has become.' --Dag Harald Claes, University of Oslo, NorwayTable of ContentsContents: 1. Nexus-thinking in International Political Economy: What energy and natural resource scholarship can offer international political economy Caroline Kuzemko, Michael F. Keating and Andreas Goldthau Part I Overviews, Theories and Concepts 2. Conceptualizing the Energy Nexus of Global Public Policy and International Political Economy Andreas Goldthau and Nick Sitter 3. Advancing the International Political Economy of Climate Change Adaptation: Political Ecology, Political Economy and Social Justice Benjamin K. Sovacool 4. The Resource Nationalist Challenge to Global Energy Governance Jeffrey D. Wilson 5. A Gendered Perspective on Energy Transformation Processes Cornelia Fraune 6. Climate Change, International Political Economy and Global Energy Policy Robert Falkner Part II Climate Change, Energy and Low-Carbon Transitions 7. The Politics of Procurement and the Low-Carbon Transition in South Africa Lucy Baker and Jesse Burton 8. The Energy Union: A coherent policy package? Claudia Strambo and Måns Nilsson 9. The Political Economy of Low Carbon Infrastructure in the UK Ralitsa Hiteva, Tim Foxon and Katherine Lovell 10. The New International Political Economy of Natural Gas Tim Boersma and Akos Losz 11. Europe’s Largest Natural Gas Producer in an Era of Climate Change: Gazprom Jack D. Sharples 12. Energy Development in the Arctic: Resource Colonialism Revisited Daria Gritsenko Part III Energy, Resources and Development 13. Transnational Private Regulation and the Global Governance of Palm Oil Sustainability: From Roundtable on Sustainable Palm Oil Certification to the Palm Oil Innovation Group/No-Deforestation Standard Helen E. S. Nesadurai 14. International Political Economy and the Global Governance of Hydroelectric Dams Michael F. Keating 15. Managing the Use of Natural Resources: How Ecosystem Accounts Helped in the Philippines Stefanie Onder 16. How Can Climate Justice and Energy Justice Be Reconciled? Andrew Lawrence 17. The Politics of Resistance in the Neoliberal Mining Regime Alvin A. Camba 18. Food for Fuels? Examining the Issue of Trade-Offs between Energy and Food Anil Hira 19. Emerging Economies and Energy: The Case of Turkey Slawomir Raszewski Part IV Scale: Transnational, National, Local 20. Low-Carbon Technologies, National Innovation Systems, and Global Production Networks: The State of Play Llewelyn Hughes and Rainer Quitzow 21. An International Political Economy of Climate Change Benchmarking: Energy Standard Setting, Responses and Challenges Caroline Kuzemko 22. Energy Trends, Political Economy, and International Order: The United States and the People’s Republic Wesley B. Renfro 23. International Political Economy of Nuclear Energy Elina Brutschin and Jessica Jewell 24. The Domestic Factor in the International Political Economy of Eurasian Gas Trade Morena Skalamera 25. Between Global Aspirations and Domestic Imperatives: The Case of Brazil Flavio Lira 26. Localising Energy: Heat Networks and Municipal Governance Jessica Britton Index

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Book SynopsisThis volume brings together a selection of recent articles by leading scholars on the economics of international trade and the environment. The collection incorporates key papers published between 2000 and 2013 that investigate the major themes in the field including the effects of globalization on environmental outcomes, the effects of environmental policy on international competitiveness, evidence on the pollution haven hypothesis, effects of trade on the sustainability of renewable resources, interaction between trade policy and environmental policy and trade and climate change. This insightful collection is an essential reference for students, researchers and policymakers.Trade Review'Wow, this book includes all of the best and most path-breaking original research on trade and the environment, all in one place. These authors have tackled some of the most difficult and vexing problems in economic policy analysis: does trade worsen the environment, by allowing wider exploitation? Or, can trade improve the environment, by allowing clean technology transfer? Is the abatement achieved by unilateral pollution control offset by increased pollution elsewhere? The conditions for each such outcome are carefully analyzed by the different papers in this book, as carefully selected by an editor who knows this field and has made major contributions to it.' -- Don Fullerton, University of Illinois, USTable of ContentsContents: Acknowledgements Introduction Brian R. Copeland PART I OVERVIEW 1. Brian R. Copeland and M. Scott Taylor (2004), ‘Trade, Growth and the Environment’ PART II EFFECTS OF TRADE ON POLLUTION 2. Werner Antweiler, Brian R. Copeland and M. Scott Taylor (2001), ‘Is Free Trade Good for the Environment’ 3. Matthew A. Cole and Robert J.R. Elliot (2003), ‘Determining the Trade-Environment Composition Effect: The Role of Capital, Labor and Environmental Regulations’ 4. Jeffrey A. Frankel and Andrew K. Rose (2005), ‘Is Trade Good or Bad for the Environment? Sorting out the Causality’ 5. Arik Levinson (2009), ‘Technology, International Trade, and Pollution from US Manufacturing’ 6. Lucas W. Davis and Matthew E. Kahn (2010), ‘International Trade in Used Vehicles: The Environmental Consequences of the NAFTA’ 7. Anca Cristea, David Hummels, Laura Puzzello and Misak Avetisyan (2013), ‘Trade and the Greenhouse Gas Emissions from International Freight Transport’ PART III EMPIRICAL EVIDENCE ON THE POLLUTION HAVEN EFFECT: NEW PLANT BIRTHS 8. Randy Becker and Vernon Henderson (2000), ‘Effects of Air Quality Regulations on Polluting Industries’ 9. John A. List, Daniel L. Millimet, Per G. Fredriksson and W. Warren McHone (2003), ‘Effects of Environmental Regulations on Manufacturing Plant Births: Evidence from a Propensity Score Matching Estimator’ PART IV EMPIRICAL EVIDENCE ON THE POLLUTION HAVEN EFFECT: INTERNATIONAL TRADE 10. Josh Ederington, Arik Levinson and Jenny Minier (2005), ‘Footloose and Pollution-Free’ 11. Arik Levinson and M. Scott Taylor (2008), ‘Unmasking the Pollution Haven Effect’ PART V EMPIRICAL EVIDENCE ON THE POLLUTION HAVEN EFFECT: FOREIGN DIRECT INVESTMENT 12. Wolfgang Keller and Arik Levinson (2002), ‘Pollution Abatement Costs and Foreign Direct Investment Inflows to U.S. States’ 13. Gunnar S. Eskeland and Ann E. Harrison (2003), ‘Moving to Greener Pastures? Multinationals and the Pollution Haven Hypothesis’ 14. Rema Hanna (2010), ‘US Environmental Regulation and FDI: Evidence from a Panel of US-Based Multinational Firms’ 15. Judith M. Dean, Mary E. Lovely and Hua Hwang (2009), ’Are Foreign Investors Attracted to Weak Environmental Regulations? Evaluating the Evidence from China’ 16. Ulrich J. Wagner and Christopher D. Timmins (2009),’Agglomeration Effects in Foreign Direct Investment and the Pollution Haven Hypothesis’ PART VI TRADE AND RENEWABLE RESOURCES 17. Erwin H. Bulte and Edward B. Barbier (2005), ‘Trade and Renewable Resources in a Second Best World: An Overview’ 18. Louis Hotte, Ngo Van Long and Huilan Tian (2000), ‘International Trade with Endogenous Enforcement of Property Rights’ 19. Brian R. Copeland and M. Scott Taylor (2009), ‘Trade, Tragedy and the Commons’ 20. M. Scott Taylor (2011), ‘Buffalo Hunt: International Trade and the Virtual Extinction of the North American Bison’ 21. Christopher Costello, Michael Springborn, Carol McAusland and Andrew Solow (2007), ‘Unintended Biological Invasions: Does Risk Vary by Trading Partner’ PART VII TRADE AND ENVIRONMENTAL POLICY 22. Josh Ederington and Jenny Minier (2003), ‘Is Environmental Policy a Secondary Trade Barrier? An Empircal Analysis’ 23. Josh Ederington (2001),’International Coordination of Trade and Domestic Policies’ 24. Kyle Bagwell and Robert W. Staiger (2001), ‘Domestic Policies, National Sovereignty, and International Economic Institutions’ 25. Ronald Fischer and Pablo Serra (2000), ‘Standards and Protection’ 26. Carol McAusland (2008), ‘Trade, Politics and the Environment: Tailpipe vs. Smokestack’ 27. Mary E. Lovely and David Popp (2011), ‘Trade, Technology, and the Environment: Does Access to Technology Promote Environmental Regulation?’ PART VIII TRADE, TRANSBOUNDARY, POLLUTION AND CLIMATE CHANGE 28. Mustafa H. Babiker and Thomas F. Rutherford (2005), ‘The Economic Effects of Border Measures in Subglobal Climate Agreements’ 29. Rachel Aichele and Gabriel Felbermayr (2012), ‘Kyoto and the Carbon Footprints of Nations’ 30. Brian R. Copeland and M. Scott Taylor (2005), ‘Free Trade and Global Warming: A Trade Theory View of the Kyoto Protocol’ 31. Nuno Limaõ (2005), ‘Trade Policy, Cross-Border Externalities and Lobbies: Do Linked Agreements Enforce More Cooperative Outcomes’ 32. Thomas Eichner and Rüdiger Pethig (2011), ‘Carbon Leakage, the Green Paradox and Perfect Futures Market’ 33. Bård Harstad (2012), ‘Buy Coal! A Case for Supply-Side Environmental Policy’

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Book SynopsisThis timely collection of essays is a magnificent testament to Daly's pioneering work over four decades. Armed with clear scientific principles and an unfailing logic, Daly sets out on an urgent quest to develop an economics fit for purpose on a finite planet. The originality and clarity of thought revealed in this new collection is extraordinary. It cements Daly's status as the most visionary economist of our time.'- Tim Jackson, Centre for Environmental Strategy, University of Surrey, UK'Herman Daly has been leading the way on uneconomic growth and steady-state economics for nearly 50 years, and still is. His numerous contributions are increasingly relevant and influential, deeply insightful and unusually accessible to readers from all walks of life. How fortunate we are to have in a single volume so many of Daly's most important papers. Re-reading them is a pleasure and an inspiration, reading them for the first time could very well change your life.'- Peter A. Victor, York University, Canada'Herman Daly has helped us to realize that there is economic growth and uneconomic growth. In so doing, he reminds us that the only viable long-term option is a steady-state economy.'- Lester R. Brown, President of Earth Policy Institute and author of Full Planet, Empty PlatesIn this important book, Herman E. Daly lays bare the weaknesses of growth economics and explains why, in contrast, a steady-state economy is both necessary and desirable. Through the course of the book, Daly develops the basic concept and theory of a steady-state economy from the 1970s limits to growth debates. In doing so, he draws on work from the classical economists, through both conflicts and agreements with neo-classical and Keynesian economists, as well as recent debates on uneconomic growth.Editorial-style policy essays substantiate Daly's argument and he provides specific application of steady-state economics to important current issues, including monetary reform, tax reform, international trade and population. The book also includes discussion and critique of ethical, as well as biophysical, presuppositions of growth.From Uneconomic Growth to a Steady-State Economy is essential reading for academics, students and researchers in the fields of ecological economics, environmental studies, economic development, resource economics and public policy.Contents: Preface 1. Introduction : Envisioning a Successful Steady-State Economy Part I: Early Discussion of Basic Steady-State Concepts 2. The Economics of the Steady State 3. In Defense of a Steady-State Economy Part II: Later Extensions into Standard Economics 4. Towards an Environmental Macroeconomics 5. Growth, Debt, and the World Bank Part III: Recent Revival of the Growth Debate, and Policies for a Steady State 6. A Further Critique of Growth Economics 7. Moving from a Failed Growth Economy to a Steady State Economy 8. Climate Policy: From 'Know How' to 'Do Now' Part IV: Ethical Foundations of a Steady-State Economy 9. Incorporating Values in a Bottom-Line Ecological Economy 10. Ethics in Relation to Economics, Ecology, and Eschatology Part V: Short Essays on Current Issues Related to Growth versus Steady State IndexTrade Review'From near the beginning of his career, Herman Daly has consistently and ever more effectively argued for a steady-state economy. . . . this recent addition to his list shows that Daly is still going strong. His writing is sage, pugnacious, clear, witty, insightful, critical, even cutting, and yet always with a deep care for people and the planet. . . . an excellent collection of essays covering the history of his efforts and an excellent set of shorter entries on particular issues written over the past few years. Personally, I never tire of reading Herman Daly and so enthusiastically recommend this book. The combination of material in short and longer essays could make it an ideal book to accompany an upper division course on sustainable development, ecological economics, or a course that strives to cover the variety of ways heterodox economists think.' --Richard B. Norgaard, Journal of Regional Science'Herman Daly has helped us to realize that there is economic growth and uneconomic growth. In so doing, he reminds us that the only viable long-term option is a steady-state economy.' --Lester R. Brown, President of Earth Policy Institute and author of Full Planet, Empty Plates'Herman Daly is widely recognized as being the most accomplished thinker on the growth-versus-environment nexus. In this collection of essays, he discusses recent facts and arguments, fluently combining fundamental, applied and topical issues, as well as responding to green growth optimists like Paul Krugman. Acknowledging the precise and captivating style of Daly's writing, here is an excellent book for students of both economics and environmental science to start reading about environmental economics and growth. Daly gives his proposed alternative, the steady-state economy, hands and feet by elaborating a diversity of economic topics, including jobless growth, nationalizing money, regulating housing markets, facing the economic crisis and limiting free trade.' --Jeroen C.J.M. van den Bergh, University of Barcelona, Spain and Free University, Amsterdam, the NetherlandsTable of ContentsContents: Preface 1. Introduction : Envisioning a Successful Steady-State Economy Part I: Early Discussion of Basic Steady-State Concepts 2. The Economics of the Steady State 3. In Defense of a Steady-State Economy Part II: Later Extensions into Standard Economics 4. Towards an Environmental Macroeconomics 5. Growth, Debt, and the World Bank Part III: Recent Revival of the Growth Debate, and Policies for a Steady State 6. A Further Critique of Growth Economics 7. Moving from a Failed Growth Economy to a Steady State Economy 8. Climate Policy: From “Know How” to “Do Now” Part IV: Ethical Foundations of a Steady-State Economy 9. Incorporating Values in a Bottom–Line Ecological Economy 10. Ethics in Relation to Economics, Ecology, and Eschatology Part V: Short Essays on Current Issues Related to Growth versus Steady State Index

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Book SynopsisThis timely collection of essays is a magnificent testament to Daly's pioneering work over four decades. Armed with clear scientific principles and an unfailing logic, Daly sets out on an urgent quest to develop an economics fit for purpose on a finite planet. The originality and clarity of thought revealed in this new collection is extraordinary. It cements Daly's status as the most visionary economist of our time.'- Tim Jackson, Centre for Environmental Strategy, University of Surrey, UK'Herman Daly has been leading the way on uneconomic growth and steady-state economics for nearly 50 years, and still is. His numerous contributions are increasingly relevant and influential, deeply insightful and unusually accessible to readers from all walks of life. How fortunate we are to have in a single volume so many of Daly's most important papers. Re-reading them is a pleasure and an inspiration, reading them for the first time could very well change your life.'- Peter A. Victor, York University, Canada'Herman Daly has helped us to realize that there is economic growth and uneconomic growth. In so doing, he reminds us that the only viable long-term option is a steady-state economy.'- Lester R. Brown, President of Earth Policy Institute and author of Full Planet, Empty PlatesIn this important book, Herman E. Daly lays bare the weaknesses of growth economics and explains why, in contrast, a steady-state economy is both necessary and desirable. Through the course of the book, Daly develops the basic concept and theory of a steady-state economy from the 1970s limits to growth debates. In doing so, he draws on work from the classical economists, through both conflicts and agreements with neo-classical and Keynesian economists, as well as recent debates on uneconomic growth.Editorial-style policy essays substantiate Daly's argument and he provides specific application of steady-state economics to important current issues, including monetary reform, tax reform, international trade and population. The book also includes discussion and critique of ethical, as well as biophysical, presuppositions of growth.From Uneconomic Growth to a Steady-State Economy is essential reading for academics, students and researchers in the fields of ecological economics, environmental studies, economic development, resource economics and public policy.Contents: Preface 1. Introduction : Envisioning a Successful Steady-State Economy Part I: Early Discussion of Basic Steady-State Concepts 2. The Economics of the Steady State 3. In Defense of a Steady-State Economy Part II: Later Extensions into Standard Economics 4. Towards an Environmental Macroeconomics 5. Growth, Debt, and the World Bank Part III: Recent Revival of the Growth Debate, and Policies for a Steady State 6. A Further Critique of Growth Economics 7. Moving from a Failed Growth Economy to a Steady State Economy 8. Climate Policy: From 'Know How' to 'Do Now' Part IV: Ethical Foundations of a Steady-State Economy 9. Incorporating Values in a Bottom-Line Ecological Economy 10. Ethics in Relation to Economics, Ecology, and Eschatology Part V: Short Essays on Current Issues Related to Growth versus Steady State IndexTrade Review'From near the beginning of his career, Herman Daly has consistently and ever more effectively argued for a steady-state economy. . . . this recent addition to his list shows that Daly is still going strong. His writing is sage, pugnacious, clear, witty, insightful, critical, even cutting, and yet always with a deep care for people and the planet. . . . an excellent collection of essays covering the history of his efforts and an excellent set of shorter entries on particular issues written over the past few years. Personally, I never tire of reading Herman Daly and so enthusiastically recommend this book. The combination of material in short and longer essays could make it an ideal book to accompany an upper division course on sustainable development, ecological economics, or a course that strives to cover the variety of ways heterodox economists think.' --Richard B. Norgaard, Journal of Regional Science'Herman Daly has helped us to realize that there is economic growth and uneconomic growth. In so doing, he reminds us that the only viable long-term option is a steady-state economy.' --Lester R. Brown, President of Earth Policy Institute and author of Full Planet, Empty Plates'Herman Daly is widely recognized as being the most accomplished thinker on the growth-versus-environment nexus. In this collection of essays, he discusses recent facts and arguments, fluently combining fundamental, applied and topical issues, as well as responding to green growth optimists like Paul Krugman. Acknowledging the precise and captivating style of Daly's writing, here is an excellent book for students of both economics and environmental science to start reading about environmental economics and growth. Daly gives his proposed alternative, the steady-state economy, hands and feet by elaborating a diversity of economic topics, including jobless growth, nationalizing money, regulating housing markets, facing the economic crisis and limiting free trade.' --Jeroen C.J.M. van den Bergh, University of Barcelona, Spain and Free University, Amsterdam, the NetherlandsTable of ContentsContents: Preface 1. Introduction : Envisioning a Successful Steady-State Economy Part I: Early Discussion of Basic Steady-State Concepts 2. The Economics of the Steady State 3. In Defense of a Steady-State Economy Part II: Later Extensions into Standard Economics 4. Towards an Environmental Macroeconomics 5. Growth, Debt, and the World Bank Part III: Recent Revival of the Growth Debate, and Policies for a Steady State 6. A Further Critique of Growth Economics 7. Moving from a Failed Growth Economy to a Steady State Economy 8. Climate Policy: From “Know How” to “Do Now” Part IV: Ethical Foundations of a Steady-State Economy 9. Incorporating Values in a Bottom–Line Ecological Economy 10. Ethics in Relation to Economics, Ecology, and Eschatology Part V: Short Essays on Current Issues Related to Growth versus Steady State Index

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Book SynopsisHere finally is a book that educates us deeply about the economic costs and gains of cleaning up the environment and of finally coming to terms with the costs of human induced climate at the micro- and macro-economic level. Replete with case studies from China, Australia and the USA, demonstrating deep erudition and extensive use of empirical data, it remains accessible to the general reader, as well as the economist. It should be mandated as required reading for all public policy analysts and politicians.'- Greg Bailey, La Trobe University, AustraliaThe Costs and Benefits of Environmental Regulation presents a thorough investigation into environmental regulation, its economic and financial effects and the associated costs and benefits. A variety of issues, pertaining to regulation in general and environmental regulation in particular, are examined. These issues include the theories of regulation and how it is viewed in terms of the free market doctrine, forms of regulation, command-and-control regulation as opposed to market-based regulation and the cost-benefit analysis of environmental regulation.The authors present an extensive survey of the empirical evidence on the determinants of environmental performance as well as the effects of environmental regulation on the costs of production, plant location, firm-level productivity, stock prices and returns, profitability, market value, financial risk, employment, competitiveness, international trade, aggregate output and aggregate productivity. The authors conclude that it is essential to allocate appropriate funds to combat the environmental damage we are inflicting on the planet.Presenting a comprehensive survey of the costs, benefits and effects of environmental regulation and written mostly in simple language that is accessible to the non-specialist, the book will prove an essential resource for academics, research students and policy makers in the fields of environmental regulation and economics.Contents: Preface 1. Regulation: Definition and Classification 2. Regulation and the Free Market Doctrine 3. Theories of Regulation 4. Environmental Regulation: Some Basic Issues 5. Cost-Benefit Analysis: Identification of Costs and Benefits 6. The Cost-Benefit Analysis Debate 7. The Microeconomic Effects of Environmental Regulation 8. The Financial Effects of Environmental Regulation 9. The Macroeconomic Effects of Environmental Regulation: Employment, Trade and Competitiveness 10. The Macroeconomic Effects of Environmental Regulation: Aggregate Output and Productivity 11. Environmental Regulation in Australia: The Failure of 'Wax and Wane' Policies 12. Environmental Regulation in China: A Life-Saving Mechanism in a Pollution Haven 13. Summary and Concluding Remarks Appendix to Chapter 13 References IndexTrade Review‘Here finally is a book that educates us deeply about the economic costs and gains of cleaning up the environment and of finally coming to terms with the costs of human induced climate at the micro- and macro-economic level. Replete with case studies from China, Australia and the USA, demonstrating deep erudition and extensive use of empirical data, it remains accessible to the general reader, as well as the economist. It should be mandated as required reading for all public policy analysts and politicians.’ -- Greg Bailey, La Trobe University, AustraliaTable of ContentsContents: Preface 1. Regulation: Definition and Classification 2. Regulation and the Free Market Doctrine 3. Theories of Regulation 4. Environmental Regulation: Some Basic Issues 5. Cost-Benefit Analysis: Identification of Costs and Benefits 6. The Cost-Benefit Analysis Debate 7. The Microeconomic Effects of Environmental Regulation 8. The Financial Effects of Environmental Regulation 9. The Macroeconomic Effects of Environmental Regulation: Employment, Trade and Competitiveness 10. The Macroeconomic Effects of Environmental Regulation: Aggregate Output and Productivity 11. Environmental Regulation in Australia: The Failure of ‘Wax and Wane’ Policies 12. Environmental Regulation in China: A Life-Saving Mechanism in a Pollution Haven 13. Summary and Concluding Remarks Appendix to Chapter 13 References Index

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Book SynopsisThe topics discussed in the Handbook on the Economics of Natural Resources are essential for those looking to understand how best to use and conserve the resources that form the foundation for human well-being. The expert contributors to this Handbook provide insightful solutions to many of the problems that growing populations now face.Organized into four fundamental parts, this book sketches the likely developments in the field of natural resource economics and paves the way for new thinking in the areas of:- nonrenewable resources- modeling of biological resources- conservation of biological resources- water resources.A key source of the most important research in the field, this important book will be of interest to graduate students, instructors and scholars in natural resource economics.Contributors: H.J. Albers, G.S. Amacher, R.M. Auty, E.B. Barbier, O. Bayasgalan, A. Bhaduri, R. Boadway, E.C. Edwards, E.P. Fenichel, G. Gaudet, S. Gopalakrishnan, R.Q. Grafton, R. Griffin, R. Halvorsen, J.M. Hartwick, M. Herrmann, D. Holland, M. Keen, Y. Kuwayama, P. Lasserre, R. Laxminarayan, D.F. Layton, G.D.Libecap, J. Livernois, S.C. Newbold, S. Olmstead, E.J.Z. Robinson, S.W. Salant, J. Siikamäki, H. Thille, S. WheelerTrade Review'This book is essential reading for anyone who wishes to know how the field of Natural Resource Economics - broadly defined - has progressed over the past 20 years, and where it is headed in the future. It is an excellent collection of papers on the subject.' --Maureen Cropper, University of Maryland, College Park and Resources for the Future'With contributions by leading scholars in the field, this book surveys key concepts, methodologies and results from the important field of natural resource economics. The chapters are rigorous and sophisticated, but at the same time accessible to anyone with some graduate-level training in economics. They include both theoretical presentations and real-world discussions that tie the theory to critical resource challenges facing the world today. I highly recommend this either as a textbook for a graduate class in natural resource economics or as a key resource for anyone wanting an overview of state-of-the-art scholarship in this field.' --Kathleen Segerson, University of ConnecticutTable of ContentsContents: PART I NONRENEWABLE RESOURCES 1. Basic Economics of Nonrenewable Resource Use John M. Hartwick 2. The Hotelling Model with Multiple Demands Gérard Gaudet and Stephen W. Salant 3. Empirical Evidence on the Theory of Nonrenewable Resource Economics John Livernois and Henry Thille 4. The Taxation of Nonrenewable Natural Resources Gérard Gaudet and Pierre Lasserre 5. Rent Taxes and Royalties in Designing Fiscal Regimes for Nonrenewable Resources Robin Boadway and Michael Keen 6. The Political Basis of the Resource Curse Richard M. Auty PART II MODELING OF BIOLOGICAL RESOURCES 7. Bioeconomics: Nature as Capital Eli P. Fenichel, Sathya Gopalakrishnan and Onon Bayasgalan 8. The Forest Harvesting Problem: Have We Reached the Limit of Our Understanding? Gregory S. Amacher 9. Biological Resistance Ramanan Laxminarayan and Markus Herrmann PART III CONSERVATION OF BIOLOGICAL RESOURCES 10. Structuring Rights and Privileges in Catch Share Systems Daniel Holland 11. Spatial Economics of Forest Conservation Heidi J. Albers and Elizabeth J.Z. Robinson 12. Ecosystem Services Edward B. Barbier 13. Conservation Prioritization Using Reserve Site Selection Methods Stephen C. Newbold and Juha Siikamaki PART IV WATER RESOURCES 14. Water Economics R. Quentin Grafton and Sarah Wheeler 15. Water Rate Policy: Prescription and Practice Ronald Griffin 16. Water Institutions and the Law of One Price Eric C. Edwards and Gary D. Libecap 17. Water Quality and Economics: Willingness to Pay, Efficiency, Cost-effectiveness, and New Research Frontiers Yusuke Kuwayama and Sheila Olmstead 18. Transboundary Water Issues Edward B. Barbier and Anik Bhaduri Index

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Book SynopsisThe concept of international climate finance channelled from developed to developing countries through public interventions for mitigation and adaptation has been developed over the last decade, but its roots date back to the early 1990s. Despite the high relevance of the topic in the international climate negotiations, illustrated by the (missed) target to mobilise USD 100 billion by 2020, there is no book that provides an overview accessible to academics and practitioners alike.This comprehensive Handbook of International Climate Finance closes this gap, with contributions from expert researchers and practitioners involved in key climate finance institutions. Chapters assess past approaches to international climate finance, discuss the effectiveness of different channels for climate finance, debate challenges encountered and elucidate national strategies of donors and recipients. An important section elaborates perspectives for sources of international climate finance from multilateral channels, the private sector, and blending of finance including through international carbon markets. The Handbook further elaborates perspectives on ownership and accountability and the role of the private sector. Mapping out pathways for the future, it concludes by providing a vision for international climate finance after 2025.This forward-thinking Handbook will be a critical resource for scholars and students with an interest in climate change and related policies and environmental politics, policy, and economics more broadly. It provides key input for international climate negotiators, climate activists and international climate finance institutions.Trade Review‘Strategic investments are key for successful long term mitigation and adaptation policy. International climate finance is crucial to mobilize such investments in developing countries. The Handbook of International Climate Finance clearly lays out what is known about the impact of transfers from North to South and what needs to be improved. Every climate policy practitioner should have read it!’ -- Michael Grubb, University College London, UK‘As facilitator of the negotiations on the post-2025 new collective quantified goal for climate finance I welcome the Handbook of International Climate Finance. It is an excellent input into the negotiations as it gives a clear overview of the history, current state, and possible future of international climate finance.’ -- Kishan Kumarsingh, Co-chair of the ad hoc work programme on the new collective quantified goal on climate finance, UNFCCC‘Written by leading scholars and practitioners in the field, the Handbook of International Climate Finance is an extremely useful resource for researchers and negotiators from the developing countries who are increasingly getting involved in sourcing and using climate finance to tackle both climate change as well as development.’ -- Saleemul Huq, Director, International Centre for Climate Change and Development, BangladeshTable of ContentsContents: Introduction to the Handbook of International Climate Finance: is climate finance a meteoric fashion or a stable pillar of the global response to anthropogenic climate change? 1 Axel Michaelowa and Anne-Kathrin Sacherer PART I BASIC CONCEPTS UNDERLYING CLIMATE FINANCE 1. Same but different? Understanding divergent definitions of and views on climate finance 16 Igor Shishlov and Philipp Censkowsky 2. Climate finance effectiveness: matching in-depth analysis with stakeholder dialogues 40 Angela D. Falconer and Barbara K. Buchner 3. Climate finance as development aid 62 Katharina Michaelowa and Chandreyee Namhata PART II LESSONS FROM INTERNATIONAL CLIMATE FINANCE TO DATE 4. Financial aspects of international legal regulations of climate change: between two concepts : the common concern of humankind and the common but differentiated responsibilities 84 Izabela Ratajczak-Juszko and Maciej Nyka 5. Lessons from Fast-Start Finance 104 Smita Nakhooda and Charlene Watson 6. The Green Climate Fund: history, status and legitimacy 135 Rishi Basak and Sylvia Karlsson-Vinkhuyzen 7. National climate funds 167 Luis Gomez-Echeverri 8. 20 years of adaptation finance: taking stock of origins, destinations and determinants of allocation 187 Sam Barrett 9. Experiences from the German International Climate Initiative (IKI) 213 Sonja Butzengeiger-Geyer, Johanna Christensen, Matthias Poralla, Aayushi Singh and Joachim Schnurr 10. The Rwandan approach to maximising benefits from international climate finance 242 Faustin Munyazikwiye and Axel Michaelowa PART III CONTRIBUTIONS TO AND ALLOCATION OF INTERNATIONAL CLIMATE FINANCE 11. Aligning finance flows with the Paris Agreement: the role of multilateral development banks 256 Anja Carolin Gebel, Aki Kachi and Lauren Sidner 12. Financing forest conservation and restoration through climate policy instruments : lessons from the CDM and REDD+ 293 Anne-Kathrin Sacherer, Stephan Hoch, Sandra Dalfiume and Ruth Kassaye 13. Allocating climate finance: a contributor’s view 318 Stefan Schwager 14. Enhanced Direct Access: the first decade 333 Benito Müller and Rishikesh Ram Bhandary 15. The role of carbon market mechanisms in climate finance 352 Aglaja Espelage, Hanna-Mari Ahonen and Axel Michaelowa PART IV THE FUTURE OF INTERNATIONAL CLIMATE FINANCE 16. The future of climate finance: balancing ownership and accountability 380 Joe Thwaites, Gaia Larsen and Athena Ronquillo-Ballesteros 17. The future of climate finance: multinational company participation under rising peer pressure 403 Martin Stadelmann and Dominique Gangneux 18. Mobilising climate finance for adaptation through the Adaptation Benefits Mechanism 420 Gareth Phillips 19. How to ensure that investment in new climate solutions is sufficient to avert catastrophic climate change 445 Yannick Glemarec PART V OUTLOOK 20. A vision for international climate finance after 2025 476 Axel Michaelowa Index 487

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Book SynopsisWith forests now enshrined in the Paris climate agreement, REDD+ initiatives and low emission development strategies (LEDS) will need insights like the ones provided in this timely and important volume to make a difference on the ground. The book draws on the perspectives of government officials from multiple sectors and at multiple levels to present a rich analysis of the economics, conditionalities and accountabilities for the design of intergovernmental fiscal transfers aimed at forest conservation - in competition with the income and jobs generated by natural resource exploitation. I highly recommend this book to anyone seeking practical ways forward on climate mitigation.'- Anne M. Larson, Center for International Forestry Research, PeruIntergovernmental fiscal transfers (IFTs) are an innovative way to create incentives for local public actors to support conservation. This book contributes to the debate about how to conserve tropical forests by implementing mechanisms for reducing deforestation and forest degradation (REDD+).With Indonesia as a case study, the authors adopt an interdisciplinary approach, drawing on political science, economics, and public policy. They consider the theoretical justification, as well as the wider political and administrative context for developing the design of IFTs for conservation.Students and scholars looking at conservation, ecological economics, decentralisation, forest policy and climate change will find this book to be of interest. It will also be of considerable use to policy-makers and practitioners working on forest policy, particularly those implementing REDD+.Trade Review‘With forests now enshrined in the Paris climate agreement, REDD+ initiatives and low emission development strategies (LEDS) will need insights like the ones provided in this timely and important volume to make a difference on the ground. The book draws on the perspectives of government officials from multiple sectors and at multiple levels to present a rich analysis of the economics, conditionalities and accountabilities for the design of intergovernmental fiscal transfers aimed at forest conservation – in competition with the income and jobs generated by natural resource exploitation. I highly recommend this book to anyone seeking practical ways forward on climate mitigation.’ -- Anne M. Larson, Center for International Forestry Research, PeruTable of ContentsContents: 1. Introduction 2. Theories of Decentralised Forest Management and Fiscal Decentralisation 3. The Cases of Riau and Papua Provinces 4. Factors Affecting Local Forest Governance 5. Intergovernmental Fiscal Transfers and Indonesia's Experience 6. The Design of REDD+ and Decentralised Forest Management 7. Incentive Structures Influencing Subnational Governments’ Decisions on Land-use Change 8. The Distribution Formulae of IFTs for REDD+ 9. Conclusion Index

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Book Synopsis'I joined this amazing journey about 30 years ago. I benefited from all the theories, principles, and approaches offered in this book to explore the natural resource and environmental issues on the other side of the world. It makes me an enthusiastic and pragmatic teacher and researcher. In addition to rearranging and rewriting certain chapters, the fourth edition comprises new chapters on climate change which reflect our future challenges. Such knowledge deserves continuously passing to our future generations and equipping more students as an effective doer in resolving complex natural resources issues.'- Pei-Ing Wu, National Taiwan University, TaiwanResource Economics engages students and practitioners in natural resource and environmental issues from both local and global standpoints. The Fourth edition of this approachable but rigorous text provides a new focus on risk and uncertainty as well as new applications that address the effect of new energy technologies on scarcity and climate change mitigation and adaptation, while preserving and systematically updating the approach and key features that drew many thousands of readers to the first three editions.More comprehensive than its competitors, this new edition frames issues and policies from resource scarcity and basic ecology to welfare criteria, property rights, and environmental ethics. Necessary economic, policy, and management concepts and tools are provided, along with applications to a variety of real-world problems. Also included are substantial treatments of new energy technologies, including fracking for oil and natural gas, solar and wind energy, and chapter length analyses of air quality, land markets and use, water resources, climate change, and sustainability.Primarily a textbook, this teaching tool is perfect for undergraduate and graduate students alike who are studying natural resource and environmental economics, as well as sustainability. Additionally, natural resource, environmental policy, and management decision-makers in the private and public sectors will find the content of this book useful for guiding real-world management and policy decisions. Academic, government, and NGO researchers will also find this to be a valuable resource.Trade Review'Bergstrom and Randall have produced another outstanding text covering the full range of issues in environmental and resource economics. Each revision of the book has successfully maintained the strengths of the previous (solid founding in economic theory, clear explanations of core concepts, and a focus on interesting policy) while updating the content to reflect changes and advances in the field. This text will be highly valuable in educating the next generation of students in fundamentals of resource economics.' --Catherine Kling, Professor, Iowa State University'Resource Economics by Bergstrom and Randall is no ordinary read. It has all the standard features of textbooks such as plenty of graphs and a style of writing that is easy to follow and highly comprehensible. But it stands out by its comprehensive and in-depth coverage of a wide variety of topics and its firm grounding of their treatment in a general economic analytical approach. Both features make this an outstanding introduction to both resource and environmental economics broadly conceived.' --Eric Neumayer, London School of Economics & Political Science, UK'The book is engagingly written with a broad worldview of the many environmental challenges facing the world and economic solutions for dealing with them. Besides being a comprehensive text about natural resource and environmental economics, a distinguishing feature of the book is how to actually perform policy relevant analyses to address natural resource and environmental problems.' --John Loomis, Colorado State UniversityTable of ContentsContents: PART I NATURAL RESOURCE AND ENVIRONMENTAL POLICY AND NATURAL RESOURCE SUPPLY AND SCARCITY 1. Economic Growth, Resource Scarcity, and Environmental Degradation: Where Have We Been and Where are We Going? 2. Ecosystem Goods and Services: How Does a Healthy Environment Support Economic Production, Consumption, and Quality of Life? 3. Resource Supply and Scarcity: How Do We Define, Measure, and Monitor Natural Resource Supply and Scarcity? 4. Natural Resources, The Environment, and Policy: What is the Public Policy Context for Natural Resource and Environmental Economics? PART II MICROECONOMIC THEORY FOUNDATIONS FOR EFFICIENCY, WELL BEING, AND THE PROBLEM OF RISK 5. Economic Efficiency: How Does a Healthy Economy Allocate Natural Resources to Economic Production and Consumption? 6. Intertemporal Efficiency: How Do We Efficiently Allocate Natural Resources Over Time? 7. Risk and Uncertainty: How Do We Assess Risk and Make Risky Decisions Involving Natural Resources and the Environment? PART III ECONOMIC THEORY AND INSTITUTIONS FOR PUBLIC POLICY 8. Criteria for Economic Policy: How Do We Tell a Good Natural Resource and Environmental Policy From a Bad One? 9. Rules of the Game: How do they Influence Efficiency and Equity and How Can We Get Them Right? 10. Market Failure and Inefficiency: What Could Cause an Undesirable Market Allocation of Resources? 11. Institutional Framework: What is the Social and Legal Context for Natural Resource and Environmental Decisions and Policy? PART IVMEASURING AND COMPARING BENEFITS AND COSTS OF NATURAL RESOURCE AND ENVIRONMENTAL POLICY AND PROJECTS 12. Benefit–Cost Analysis: How Do We Determine If the Benefits of a Resource Policy Outweigh the Costs? 13. Measuring Economic Values: How Do We Account For All Relevant Benefits and Costs In Natural Resource And Environmental Decisions? PART V OPTIMAL MANAGEMENT OF NON-RENEWABLE AND RENEWABLE RESOURCES 14. Exhaustible Non-Renewable Resources: What Is The Optimal Use and Management of Non-Renewable Resources Over Time? 15. Renewable Resources: What Is The Optimal Use and Management of Renewable Resources Over Time? PART VI THE ECONOMICS OF AIR, LAND, AND WATER RESOURCE USE AND POLICY 16. The Control of Polluting Emissions: How Can We Protect the Environment and People From Air Pollution? 17. The Economics of Land: How Do Land Markets Work and How Do We Manage Land Use? 18. The Economics of Water: How Is Water Valued and Allocated? PART VII ENVIRONMENTAL ETHICS, CLIMATE CHANGE, SUSTAINABILITY, CLIMATE CHANGE AND THE FUTURE 19. Understanding Sustainability: What Can Economics Tell Us About Using and Managing Resources in a Sustainable Manner? 20. Climate Change: The Earth’s Climate Is Changing - Can Economics Help Us Figure Out What, If Anything, To Do About It? 21. Economics and Environmental Ethics: What Are the Ethical Implications of the Economic Approach to Conservation and Preservation and What Can We Learn From Other Ethical Approaches? 22. Economic Science, Economic Policy, and Doing the Best We Can: How Do We Find Our Way Forward? Index

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Book Synopsis'I joined this amazing journey about 30 years ago. I benefited from all the theories, principles, and approaches offered in this book to explore the natural resource and environmental issues on the other side of the world. It makes me an enthusiastic and pragmatic teacher and researcher. In addition to rearranging and rewriting certain chapters, the fourth edition comprises new chapters on climate change which reflect our future challenges. Such knowledge deserves continuously passing to our future generations and equipping more students as an effective doer in resolving complex natural resources issues.'- Pei-Ing Wu, National Taiwan University, TaiwanResource Economics engages students and practitioners in natural resource and environmental issues from both local and global standpoints. The Fourth edition of this approachable but rigorous text provides a new focus on risk and uncertainty as well as new applications that address the effect of new energy technologies on scarcity and climate change mitigation and adaptation, while preserving and systematically updating the approach and key features that drew many thousands of readers to the first three editions.More comprehensive than its competitors, this new edition frames issues and policies from resource scarcity and basic ecology to welfare criteria, property rights, and environmental ethics. Necessary economic, policy, and management concepts and tools are provided, along with applications to a variety of real-world problems. Also included are substantial treatments of new energy technologies, including fracking for oil and natural gas, solar and wind energy, and chapter length analyses of air quality, land markets and use, water resources, climate change, and sustainability.Primarily a textbook, this teaching tool is perfect for undergraduate and graduate students alike who are studying natural resource and environmental economics, as well as sustainability. Additionally, natural resource, environmental policy, and management decision-makers in the private and public sectors will find the content of this book useful for guiding real-world management and policy decisions. Academic, government, and NGO researchers will also find this to be a valuable resource.Trade Review'Bergstrom and Randall have produced another outstanding text covering the full range of issues in environmental and resource economics. Each revision of the book has successfully maintained the strengths of the previous (solid founding in economic theory, clear explanations of core concepts, and a focus on interesting policy) while updating the content to reflect changes and advances in the field. This text will be highly valuable in educating the next generation of students in fundamentals of resource economics.' --Catherine Kling, Professor, Iowa State University'Resource Economics by Bergstrom and Randall is no ordinary read. It has all the standard features of textbooks such as plenty of graphs and a style of writing that is easy to follow and highly comprehensible. But it stands out by its comprehensive and in-depth coverage of a wide variety of topics and its firm grounding of their treatment in a general economic analytical approach. Both features make this an outstanding introduction to both resource and environmental economics broadly conceived.' --Eric Neumayer, London School of Economics & Political Science, UK'The book is engagingly written with a broad worldview of the many environmental challenges facing the world and economic solutions for dealing with them. Besides being a comprehensive text about natural resource and environmental economics, a distinguishing feature of the book is how to actually perform policy relevant analyses to address natural resource and environmental problems.' --John Loomis, Colorado State UniversityTable of ContentsContents: PART I NATURAL RESOURCE AND ENVIRONMENTAL POLICY AND NATURAL RESOURCE SUPPLY AND SCARCITY 1. Economic Growth, Resource Scarcity, and Environmental Degradation: Where Have We Been and Where are We Going? 2. Ecosystem Goods and Services: How Does a Healthy Environment Support Economic Production, Consumption, and Quality of Life? 3. Resource Supply and Scarcity: How Do We Define, Measure, and Monitor Natural Resource Supply and Scarcity? 4. Natural Resources, The Environment, and Policy: What is the Public Policy Context for Natural Resource and Environmental Economics? PART II MICROECONOMIC THEORY FOUNDATIONS FOR EFFICIENCY, WELL BEING, AND THE PROBLEM OF RISK 5. Economic Efficiency: How Does a Healthy Economy Allocate Natural Resources to Economic Production and Consumption? 6. Intertemporal Efficiency: How Do We Efficiently Allocate Natural Resources Over Time? 7. Risk and Uncertainty: How Do We Assess Risk and Make Risky Decisions Involving Natural Resources and the Environment? PART III ECONOMIC THEORY AND INSTITUTIONS FOR PUBLIC POLICY 8. Criteria for Economic Policy: How Do We Tell a Good Natural Resource and Environmental Policy From a Bad One? 9. Rules of the Game: How do they Influence Efficiency and Equity and How Can We Get Them Right? 10. Market Failure and Inefficiency: What Could Cause an Undesirable Market Allocation of Resources? 11. Institutional Framework: What is the Social and Legal Context for Natural Resource and Environmental Decisions and Policy? PART IVMEASURING AND COMPARING BENEFITS AND COSTS OF NATURAL RESOURCE AND ENVIRONMENTAL POLICY AND PROJECTS 12. Benefit–Cost Analysis: How Do We Determine If the Benefits of a Resource Policy Outweigh the Costs? 13. Measuring Economic Values: How Do We Account For All Relevant Benefits and Costs In Natural Resource And Environmental Decisions? PART V OPTIMAL MANAGEMENT OF NON-RENEWABLE AND RENEWABLE RESOURCES 14. Exhaustible Non-Renewable Resources: What Is The Optimal Use and Management of Non-Renewable Resources Over Time? 15. Renewable Resources: What Is The Optimal Use and Management of Renewable Resources Over Time? PART VI THE ECONOMICS OF AIR, LAND, AND WATER RESOURCE USE AND POLICY 16. The Control of Polluting Emissions: How Can We Protect the Environment and People From Air Pollution? 17. The Economics of Land: How Do Land Markets Work and How Do We Manage Land Use? 18. The Economics of Water: How Is Water Valued and Allocated? PART VII ENVIRONMENTAL ETHICS, CLIMATE CHANGE, SUSTAINABILITY, CLIMATE CHANGE AND THE FUTURE 19. Understanding Sustainability: What Can Economics Tell Us About Using and Managing Resources in a Sustainable Manner? 20. Climate Change: The Earth’s Climate Is Changing - Can Economics Help Us Figure Out What, If Anything, To Do About It? 21. Economics and Environmental Ethics: What Are the Ethical Implications of the Economic Approach to Conservation and Preservation and What Can We Learn From Other Ethical Approaches? 22. Economic Science, Economic Policy, and Doing the Best We Can: How Do We Find Our Way Forward? Index

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Book SynopsisAfter the drop in the price of oil, the issue of a carbon tax to complement the EU emission trading scheme is coming back to the fore of political debate. In this volume on carbon pricing, the reader can find an excellent mix of economic theory and policy analysis. To anyone interested in this field, this collection of papers represents a very important contribution to an in-depth understanding of the main tools that can be used to successfully fight climate change.'- Alberto Majocchi, University of Pavia, ItalyCarbon Pricing reflects upon and further develops the ongoing and worthwhile global debate into how to design carbon pricing, as well as how to utilize the financial proceeds in the best possible way for society.The world has recently witnessed a significant downward adjustment in fossil fuel prices, which has negative implications for the future of our environment. In light of these negative developments, it is important to understand the benefits of environmental sustainability through well-documented research. This discerning book considers the design of carbon taxes and examines the consequential outcomes of different taxation compositions as regulatory instruments. Expert contributors assess a variety of national experiences to provide an empirical insight into the use of carbon taxes, emissions trading, energy taxes and excise taxes. The overarching discussion concludes that successful policies used by some countries can be implemented in other jurisdictions with minimum new research and experimentation.This astute work will benefit scholars, practitioners and policymakers alike with an interest in the fields of environmental law, environmental economics, sustainable development and taxation law.Contributors: B. Bahn-Walkowiak, J. Bruha, H. Bruhova-Foltýnovà, B. Butcher, M. Calaf Forn, N. Chalifour, S. Cheng, E. Croci, S. Elgie, E. Guglyuvatyy, M. Jofra Sora, C. Kettner, K. Kratena, E. Meyer, I. Meyer, S. Onoda, J. Papy, T.F. Pedersen, V. Pisa, I. Puig Ventosa, A. Ravazzi Douvan, M. Sargl, K. Schlegelmilch, M.W. Sommer, N.P. Stoianoff, P. ten Brink, W.E. Weishaar, H. Wilts, S. Withana, Sirini, G. Wittmann, A. WolfsteinerTrade Review‘After the drop in the price of oil, the issue of a carbon tax to complement the EU emission trading scheme is coming back to the fore of political debate. In this volume on carbon pricing, the reader can find an excellent mix of economic theory and policy analysis. To anyone interested in this field, this collection of papers represents a very important contribution to an in-depth understanding of the main tools that can be used to successfully fight climate change.’ -- Alberto Majocchi, University of Pavia, Italy‘As someone who has been involved in speaking, disseminating knowledge and engaging with policymakers for the last couple of decades on environmental taxation. I wholeheartedly support and endorse this collection of topical and informative papers . . . a fascinating insight into the latest thinking and research in the field and a highly valued reference source.’ -- Chas Roy-Chowdhury, The Association of Chartered Certified Accountants, UK‘It is clearly an astute work which we think will be of great benefit to scholars, practitioners, forward-thinking politicians and policy makers alike with an interest in the fields as diverse as environmental law, environmental economics, sustainable development and taxation law. Thank you, Elgar, for this new addition to your “Critical Issues in Environmental Taxation” library.’ -- The Barrister MagazineTable of ContentsContents: Foreword By Mikael Skou Andersen Preface PART I CARBON TAXES AND EMISSIONS TRADING 1. A Template for the World: British Columbia’s Carbon Tax Shift Thomas F. Pedersen and Stewart Elgie 2. The Cost of Enforcing Carbon Pricing Mechanisms: A Comparison of the British Columbia Carbon Tax and the Québec Emissions Trading System Nathalie Chalifour and Jacques Papy 3. Fault Lines Between Fees and Taxes: Legal Obstacles for Linking Stefan E. Weishaar 4. Policy Changes on Ecological Tax Reform/Carbon Tax in Germany and Japan Shinji Onoda and Kai Schlegelmilch 5. The EU Emission Trading Scheme: First Evidence on Phase 3 Claudia Kettner 6. The Regensburg Model: Emissions Trading Between Countries Based on a Global CO2 Budget, National Emission Pathways and Gradual Climate Justice Manfred Sargl, Andreas Wolfsteiner and Günter Wittmann 7. Carbon Tariffs and Developing Countries: The Case for Special and Differential Treatment Selina Cheng and Bill Butcher PART II ENERGY AND EXCISE TAXES 8. Reforming The EU Vat System to Support the Transition to a Low-Carbon and Resource Efficient Economy Bettina Bahn-Walkowiak and Henning Wilts 9. Long-Term Climate Mitigation and Energy Use in Austria: The Impacts of Carbon and Energy Prices Kurt Kratena, Ina Meyer and Mark Wolfgang Sommer 10. Urban Road Pricing: The Experience of Milan Edoardo Croci and Aldo Ravazzi Douvan 11. Motor Fuel Taxation in Central Europe and International Tax Competition: Simulation of Motor Fuel Tax Harmonization Jan Brůha, Hana Brůhova-Foltýnovà and Vitězslav Piša PART III ANALYZING POLICY CHOICES 12. Climate Change Law and Policy Making: The Utility of the Delphi Method Evgney Guglyuvatyy and Natalie P. Stoianoff 13. Motivating Environmental Tax Reform Through Coalitions of Like-Minded Countries Sirini Withana and Patrick Ten Brink 14. Developments and Opportunities for an Ecological Tax Reform in Spain Ignasi Puig Ventosa, Eike Meyer, Marta Jofra Sora and Maria Calaf Forn Index

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Book SynopsisEnvironmental Pricing is an interesting book containing a broad collection of chapters that discuss issues of relevance for environmental policymaking. The topics range from support for renewable energy and fossil fuels via environmental taxation to policies for water management. The book provides relevant information regarding the many issues covered, and some chapters will stimulate further debate.'- Nils Axel Braathen, Principal Administrator OECD, Environment Directorate'As someone who has been involved in speaking, disseminating knowledge and engaging with policymakers for the last couple of decades on environmental taxation I wholeheartedly support and endorse this collection of topical and informative papers . . . a fascinating insight into the latest thinking and research in the field and a highly valued reference source.'- Chas Roy-Chowdhury, The Association of Chartered Certified Accountants, UKEnvironmental taxes can be efficient tools for successful environmental policy. Their use, however, has been limited in many countries. This thoughtful book explores the scope of environmental pricing and examines a variety of national experiences in environmental policy integration, to identify the most effective use of taxation and policy for environmental sustainability.Environmental taxes are seldom implemented in isolation and are applied in combination with other regulatory instruments. At issue is the critical lack of knowledge on how different policy instruments and taxes interact and work together. This perceptive book considers recent research on the environmental and economic impact of applying environmental taxes. Expert contributors come together to discuss the high potential for wider use of environmental taxation in combination with other policy instruments, and highlight key areas of current practice that must be addressed. Empirical studies of policy strategies are discussed to illustrate the extent to which current climate change policy is integrated against the proposed successful policy combinations that are presented in this insightful book.Environmental pricing will be of interest to scholars, practitioners and policymakers alike in the areas of environmental law, environmental economics and environmental sustainability.Contributors: M. Antenucci, K. Bachus, K. Bubna-Litic, J. Cottrell, E. Fonseca Capdevila, Enrique, M.A. Grau Ruiz, X. Guo, D.L. Jarvie, T. Kawakatsu, C. Kettner, M. Kicia, D. Kletzan-Slamanig, A. Köppl, L. Kreiser, A. Lerch, Y. Mao, I. Mersinia, A. Pirlot, M. Rosenstock, S. Rudolph, H. Sprohge, F. Vanswijgenhoven, M. Villar Ezcurra, R.H. Weber, J. WuTrade Review‘Environmental Pricing is an interesting book containing a broad collection of chapters that discuss issues of relevance for environmental policymaking. The topics range from support for renewable energy and fossil fuels via environmental taxation to policies for water management. The book provides relevant information regarding the many issues covered, and some chapters will stimulate further debate.’ -- Nils Axel Braathen, Principal Administrator OECD, Environment Directorate‘As someone who has been involved in speaking, disseminating knowledge and engaging with policymakers for the last couple of decades on environmental taxation I wholeheartedly support and endorse this collection of topical and informative papers . . . a fascinating insight into the latest thinking and research in the field and a highly valued reference source.’ -- Chas Roy-Chowdhury, The Association of Chartered Certified Accountants, UKTable of ContentsContents: Foreword by Birgitte Egelund Olsen Preface PART I CASE STUDIES IN POLICY INTEGRATION 1. Climate Policy Integration: Evidence on Coherence in EU Policies Claudia Kettner, Daniela Kletzan-Slamanig and Angela Köppl 2. Tax Treatment of the Interaction between Water and Energy Marta Villar Ezcurra and Enrique Fonseca Capdevila 3. Subsidies to Fossil Energy Consumption in Italy: Assessment and Interaction with the Electricity Market Marianna Antenucci and Michele Governatori 4. Toward a Sustainable Climate and Energy Policy Mix: Insights from Theory and the Case of Japan Sven Rudolph, Takeshi Kawakatsu and Achim Lerch 5. European Renewable Energy Market Governance and Economic Crisis: a Taxation Makeover with Greece as a Case Study Ioanna Mersinia PART II THE CHALLENGES OF SUBSIDIES 6. Reforming Fossil Fuel Subsidies: Will it Make a Difference? Malgorzata Kicia and Manfred Rosenstock 7. Tax Expenditures to Promote Environmentally Responsible Investment Maria Amparo Grau Ruiz 8. Do you Get What you Pay for with United States Climate Change Tax Provisions? Hans Sprohge and Larry Kreiser 9. Supporting Emission Reductions through a Viable Wind Energy Industry: Lessons for Australia Karen Bubna-Litic PART III COMPETITIVENESS CONSIDERATIONS 10. Environmental Border Tax Adjustments (BTAs): A Forgotten History Alice Pirlot 11. Renewable Energy: Subsidies and Taxes as Competition Distortion Rolf H. Weber 12. The Impact of Environmental Tax on Enterprise Competitiveness in China Jian Wu, Yujiao Mao and Xingjie Guo PART IV STRATEGIC CONSIDERATIONS 13. Reclaiming the ‘T’ Word: Ways of Improving Communication and Public Acceptance of Environmental Fiscal Reform in Europe Jacqueline Cottrell 14. Regulatory Taxes as an Instrument to Foster Sustainability Transitions: An Exploratory Analysis Kris Bachus and Frederic Vanswijgenhoven 15. Resilience Based Policy for Groundwater Protection Deborah L. Jarvie Index

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Book Synopsis'An extremely timely book. The Paris Climate Agreement establishes a global goal on adaptation of enhancing adaptive capacity, strengthening resilience and reducing vulnerability to climate change. The book addresses the key question of how such a goal could be achieved by arguing that adaptation and resilience cannot be separated from ongoing and dynamic development processes. Its central theme is that more climate-resilient development pathways will only occur if climate risks are embedded into wider development, spatial planning, investment and poverty alleviation strategies. Although written from an economics perspective it draws on a wide range of literatures and experiences and is eminently readable. Indeed, it should be read not only by students of development and planning but also by practitioners, in both the public and private sectors, whose development choices will affect future vulnerabilities to climate change.'- Dame Judith Rees, London School of Economics, UK'The impacts of climate change can appear remote when compared with such immediate problems as poverty, disease and economic stagnation. Yet, climate change can directly affect the achievement of many development objectives. How development occurs also has implications for the vulnerability of societies to the impacts of climate change. In providing a ''deep dive'' into the nexus between adaptation to climate change and economic development this volume makes a valuable contribution to the literature. Furthermore, it also provides timely guidance to policy practitioners on how to make climate resilient development a reality.'- Shardul Agrawala, OECD, FranceSome climate change is now inevitable and strategies to adapt to these changes are quickly developing. The question is particularly paramount for low-income countries, which are likely to be most affected. This timely and unique book takes an integrated look at the twin challenges of climate change and development. The book treats adaptation to climate change as an issue of climate-resilient development, rather than as a bespoke set of activities (flood defences, drought plans, and so on), combining climate and development challenges into a single strategy. It asks how the standard approaches to development need to change, and what socio-economic trends and urbanisation mean for the vulnerability of developing countries to climate risks. Combining conceptual thinking with practical policy prescriptions and experience the contributors argue that, to address these questions, climate risk has to be embedded fully into wider development strategies. This point of view is gaining in prominence in the development community; however, the contributors assert that a comprehensive analytical treatment is so far lacking.This unique and innovative book will appeal to the development community, such as think tanks and aid agencies, as well as academics and those involved in climate change policy and development.Contributors include: M. Bangalore, M. Bezabih, L. Bonzanigo, D. Castells-Quintana, H. Costa, M. del Pilar Lopez-Uribe, S. Dietz, C. Dixon, S. Fankhauser, M. Fay, J. Finnegan, G. Floater, S. Hallegatte, A. Hunt, T. Kane, S. Lovo, T. McDermott, C. McLaren, U. Narloch, J. Rozenberg, S. Surminski, D. Treguer, A. Vogt-Schilb, G. Singer, M. Waldinger, J. Ward, P. WatkissTrade Review'This book brings much-needed nuance and evidence to the complicated relationship between vulnerability and climate change - A must-read for all interested in climate and development.' --Richard S.J. Tol, University of Sussex, UK and Vrije Universiteit Amsterdam, the Netherlands'The key contribution of this book is to highlight the fact that adaptation to climate change -- or climate-resilient development -- must be seen in a dynamic context over a long time period. ''Transformational'' adaptation recognises that countries are undergoing rapid socio-economic transformation independently of climate change. It takes a long-term perspective on investment decisions, recognising the many uncertainties associated with the impact of climate change. The book challenges conventional ways of thinking and also provides many practical examples of how to do things better.' --Simon Maxwell CBE, Executive Chair, Climate and Development Knowledge Network'Fankhauser and McDermott show how to construct more climate resilient economies, the politics which lie behind choices made, and design of pathways to transformation if people are to manage and prosper in the difficult years ahead.' --Camilla Toulmin, International Institute for Environment and Development (IIED), UKTable of ContentsContents 1. Climate-Resilient Development: An Introduction S. Fankhauser and T. McDermott PART I CONCEPTS 2. The Role of Climate in Development D. Castells-Quintana, M. del Pillar Lopez-Uribe and T.K.J. McDermott 3. Poverty and Climate Change S. Hallegatte, M. Bangalore, L. Bonzanigo, M. Fay, T. Kane, U. Narloch 4. Coping with Climate Risk: The Options D. Castells-Quintana, M. del Pilar Lopez-Uribe and T.K.J. McDermott 5. Locking in Climate Vulnerability: Where are the Investment Hotspots? S. Dietz, C. Dixon and J. Ward 6. Assessing Climate-resilient Development Options P. Watkiss and A. Hunt PART II ACTIONS 7. Adaptation Experience and Prioritisation P. Watkiss 8. Climate-resilient Cities H. Costa, G. Floater and J. Finnegan 9. Climate-resilient Development in Agrarian Economies M. Bezabih, S. Lovo, G. Singer and C. McLaren 10. Insurance Instruments for Climate-resilient Development S. Surminski 11. Migration and Climate-resilient Development M. Waldinger Index

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Book SynopsisTen years after the publication of the first edition of this influential book, the evidence is even stronger that human economies are overwhelming the regenerative capacity of the planet. This book explains why long-term economic growth is infeasible, and why, especially in advanced economies, it is also undesirable. Simulations based on real data show that managing without growth is a better alternative. The book tells how the recent idea of economic growth emerged from the idea of progress, itself only a few hundred years old. Many reasons for questioning growth are given based on an extensive review of the data as well as on conceptual and methodological considerations. The experience of growth in several countries is documented, compared and found wanting. Possibilities for managing without growth in high income economies are simulated with a new, comprehensive systems model with many novel features. Three 50 year scenarios are compared: a base case, an ambitious greenhouse gas reduction scenario, and a sustainable prosperity scenario with broader environmental objectives, reduced income inequality, shorter working hours and the cessation of economic growth. The book closes with a review of policies to make this scenario a reality. This updated book is a valuable resource for a broad academic audience, including students and researchers in economics, environmental studies, environmental science, business studies, and geography, as well as social justice groups and NGOs concerned with the environment, inequality and employment.Trade Review‘This book will appeal to both technical economists and to general readers. It advances a compelling case for the abandonment of growth as a policy objective for rich countries, while acknowledging that more growth is still essential in poorer ones.’ -- Peter C. Grosvenor, Environmental Politics‘Written in a crisp, clear, concise style, almost totally free of jargon, deeply grounded in data, and superbly referenced, the book is a must-read for those who want to form their own informed opinion about this subject, with or without economic education.’ -- Halina Szejnwald Brown, Local Environment‘If you want to get into the nuts and bolts of postgrowth economics, then Managing Without Growth is the book for you.’ -- Jeremy Williams, The Earthbound ReportTable of ContentsContents: Preface 1. The Idea of Economic Growth 2. Why Manage Without Growth? 3. Systems, Information and Prices 4. Pricing Nature 5. Limits to Growth – Sources 6. Limits to Growth – Sinks and Services 7. Limits to Growth – Synthesis 8. Scale, Composition and Technology 9. Economic Growth and Happiness 10. The Disappointments of Economic Growth 11. Managing without Growth: Exploring Possibilities 12. Managing without Growth: From Simulations to Reality References Index

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Book SynopsisTen years after the publication of the first edition of this influential book, the evidence is even stronger that human economies are overwhelming the regenerative capacity of the planet. This book explains why long-term economic growth is infeasible, and why, especially in advanced economies, it is also undesirable. Simulations based on real data show that managing without growth is a better alternative. The book tells how the recent idea of economic growth emerged from the idea of progress, itself only a few hundred years old. Many reasons for questioning growth are given based on an extensive review of the data as well as on conceptual and methodological considerations. The experience of growth in several countries is documented, compared and found wanting. Possibilities for managing without growth in high income economies are simulated with a new, comprehensive systems model with many novel features. Three 50 year scenarios are compared: a base case, an ambitious greenhouse gas reduction scenario, and a sustainable prosperity scenario with broader environmental objectives, reduced income inequality, shorter working hours and the cessation of economic growth. The book closes with a review of policies to make this scenario a reality. This updated book is a valuable resource for a broad academic audience, including students and researchers in economics, environmental studies, environmental science, business studies, and geography, as well as social justice groups and NGOs concerned with the environment, inequality and employment.Trade Review‘This book will appeal to both technical economists and to general readers. It advances a compelling case for the abandonment of growth as a policy objective for rich countries, while acknowledging that more growth is still essential in poorer ones.’ -- Peter C. Grosvenor, Environmental Politics‘Written in a crisp, clear, concise style, almost totally free of jargon, deeply grounded in data, and superbly referenced, the book is a must-read for those who want to form their own informed opinion about this subject, with or without economic education.’ -- Halina Szejnwald Brown, Local Environment‘If you want to get into the nuts and bolts of postgrowth economics, then Managing Without Growth is the book for you.’ -- Jeremy Williams, The Earthbound ReportTable of ContentsContents: Preface 1. The Idea of Economic Growth 2. Why Manage Without Growth? 3. Systems, Information and Prices 4. Pricing Nature 5. Limits to Growth – Sources 6. Limits to Growth – Sinks and Services 7. Limits to Growth – Synthesis 8. Scale, Composition and Technology 9. Economic Growth and Happiness 10. The Disappointments of Economic Growth 11. Managing without Growth: Exploring Possibilities 12. Managing without Growth: From Simulations to Reality References Index

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Book SynopsisOver time, it is expected that climate change will have a profound impact on human and natural systems, and thereby impede future economic growth and sustainable development. In this innovative and authoritative work, leading international experts discuss the challenges and opportunities for building an economy and society that is more resilient to climate change. Building a Climate Resilient Economy and Society fulfils a long-felt need, which assumed added importance following the Paris Climate Agreement in 2015, for a comprehensive work on climate resilience. The chapters are organised into three thematic sections. The first part explores vulnerability, adaptation and resilience, whilst part two offers sectoral perspectives from agriculture, fisheries, marine ecosystems, cities and urban infrastructure, drought prone areas and renewable energy. In the final part, the authors examine incentives, institutions and policy, covering topics such as carbon pricing, REDD-plus, the role of institutions and communities, climate finance and policies. Combining a global focus with detailed case studies from a cross section of regions, countries and sectors, this book will prove to be an invaluable resource for researchers, scholars and students. Written in concise, non-technical language, it will also provide a thorough reference for those in civil society or government working on climate resilience and disaster risk reduction.Contributors include: I. Arakelyan, L. Barrage, I. Bateman, C. Carraro, W.W. L. Cheung, R. Costanza, P.M. Cury, M. Davide, S. Dekker, Y. Elhadi, C. Fezzi, I. Haque, A.R. Harwood, C. Hesse, M. Inoue, C. Johnson, A.A. Lovett, K. May, K.A. Miller, A.J. Mohammed, D. Moran, K. Mutafoglu, K.N. Ninan, V. Orindi, A. Panda, A. Patt, R. Pichs-Madruga, M. Rao, J.-P. Schweitzer, V. Shandas, U. Sharma, Y. Su, U.R. Sumaila, T. Tai, P. ten Brink, D. Timmons, C. Tisdell, A. van Diepen-Heyadat, J. Voelkel, R.T. Watson, J. Woollard, A. WrefordTrade Review‘Building a Climate Resilient Economy and Society is a worthy addition to the growing body of knowledge around how climate change is manifesting its effects across economies and societies, and efforts being made in response. It will appeal to professionals dealing with climate change policy and planning as a resource providing insights from case studies, and well explained technical material on a range of subjects close to the core of climate resilience.’ -- Bob Speirs, Australasian Journal of Environmental Management'This book is timely and identifies a range of options to adapt, reduce vulnerability and increase resilience to human-induced climate change for both terrestrial and marine systems. It addresses key sectors such as agriculture, fisheries, water quantity and quality, and coastal cities, and key issues such as terrestrial and marine biodiversity and Small Island States. It also addresses key issues associated with mitigation, including carbon pricing, economic implications of climate policies, financing at local levels, and REDD+. I would like to congratulate the editors and authors for bringing out this book which I am sure will receive wide attention.' --From the Foreword by Sir Robert T. Watson'The book provides an excellent overview of the importance, challenges and opportunities for building ecological resilience in dealing with climate change. The collection of articles is essential reading for both academics and policymakers working on the economics of climate change mitigation and adaptation.' --Andreas Kontoleon, University of Cambridge Department of Land Economy, UK'Despite the significant progress made when the Paris Agreement came into force in November 2016, greenhouse-gas emission mitigation will not proceed at a sufficient pace to preclude widespread climate change later in this century. Therefore, it is necessary to give more attention to the diverse means of adaptation to the climate change that will likely occur. K.N. Ninan and Makoto Inoue have assembled 17 essays that can inform scholars and policy makers alike as they come to grips with the eventual necessity to build climate resilient economies around the world.' --Robert N. Stavins, Harvard UniversityTable of ContentsContents: Foreword Sir Robert T. Watson 1. Introduction K.N. Ninan and Makoto Inoue PART I VULNERABILITY, ADAPTATION AND RESILIENCE 2. The environmental impact of climate change adaptation on land use and water quality Carlo Fezzi, Amii R. Harwood, Andrew A. Lovett and Ian J. Bateman 3. Adaptive capacity contributing to improved agricultural productivity at the household level: empirical findings highlighting the importance of crop insurance Architesh Panda, Upasna Sharma, K.N.Ninan and Anthony Patt 4. Adapting to climate change and improving urban resilience: The role of nature and biodiversity protection in cities Konar Mutafoglu, Patrick ten Brink, Sabrina Dekker, Jamie Woollard and Jean-Pierre Schweitzer 5. Coproducing resilience through understanding vulnerability Vivek Shandas, Anandi van Diepen, Jackson Voelkel, Meenakshi Rao 6. Climate resilience and sustainable development: challenges and options for small island developing states Ramón Pichs-Madruga PART II CLIMATE RESILIENCE: SECTORAL PERSPECTIVES 7. Can agriculture be climate smart? Irina Arakelyan, Anita Wreford and Dominic Moran 8. Global warming and changes in marine ecosystem- economic consequences and adjustment issues Clem Tisdell 9. Climate change, marine ecosystems and global fisheries U. Rashid Sumaila, William W.L. Cheung, Philippe M. Cury and Travis Tai 10. Extreme drought and California's water economy: challenges and opportunities for building resilience Kathleen A. Miller 11. Building urban climate resilience in Vietnam and Bangladesh Craig Johnson, Iftekharul Haque, Yvonne Su and Kristy May 12. Renewable energy economics David Timmons PART III INCENTIVES, GOVERNANCE AND POLICY 13. Carbon pricing policy design and revenue management: economic models and policy practice Lint Barrage 14. REDD+: a global multilevel forest governance for building a climate resilient society Abrar Juhar Mohammed and Makoto Inoue 15. Democratising climate finance at local levels Victor Orindi, Yazan Elhadi and Ced Hesse 16. Do climate policies hurt the economy? lessons from the EU experience Carlo Carraro and Marinella Davide Claim the sky! Robert Costanza Index

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Book SynopsisAs governments around the world work towards achieving the Sustainable Development Goals by 2030, the trans-disciplinary topic of oceans management is fast being recognized as one of the most important challenges of the twenty-first century. This timely Handbook takes stock of the state of knowledge on ecosystem services derived from coastal and marine areas and offers innovative proposals for the future of this important topic. The Handbook on the Economics and Management of Sustainable Oceans brings together a carefully chosen collection of world-class contributions from ecology, economics and other development sciences. It provides policy-relevant scientific information on key topics such as ecosystem services from marine and coastal ecosystems and the nuances of economic valuation. Detailed chapters also consider relevant legal and sociological response policies for effective management of marine areas for enhanced human well-being. This comprehensive Handbook will be essential reading for advanced students and academics in economics, environment studies and resource management. The contributors also focus on the nexus of science-society and science-policy with the objective of educating decision-makers in governmental agencies, industry and civil society.Contributors include: M. Bailey, Y. Beaudoin, D. Belhabib, R. Billé, F. Bosello, J.H. Brito, V. Burgener, S. Bush, N. Carlson, S. Cataudella, L. Chabason, W. Chen, W. Cheung, G. da Fonseca, O.G. Dávila, E. Delpiazzo, S.T.M. Dissanayake, P. Drankier, I. Drysdale, S. Dupont, F. Eboli, G. Fauville, N. Ferri, D. Fezzardi, M.R. Flores, Y. Fujita, B. Galil, M. Garmendia, A. Ghermandi, E. Giacomello, A. Giannouli, G. Gitti, J. Gowdy, R.A. Groeneveld, M. Hamid, S. Hansen, L. Hansson, L. Karrer, M. Kettunen, E. Kotoroni, P. Koundouri, V. Lam, H. Lindhjem, M. Loureiro, K. Magnussen, E. Mailli, A. Markandya, F. Marques, J. Marsden, F. Massa, J. Matos de Sousa, M. McField, G. Menezes, M. Metian, D. Miller, B. Milligan, K. Mintenbeck, E.Y. Mohammed, E.J. Molenaar, R. Mongruel, K. Mutafoglu, S. Navrud, P.A.L.D. Nunes, D.O. Obura, E. Ojea, N. Okubo, L. Onofri, A. Onuma, M. Omori, D. Osborn, A. Pacheco Capella, A. Padilla, C. Papagianni, M. Pascual, D. Pauly, A.G. Petersen, R. Pott, H. Ralison, A. Ressurreição, J. Ribeiro, J. Richardson, J. Rochette, D. Russi, M. Samoilys, C. Santos, L.V. Santuario, P. Scheren, J.-P. Schweitzer, M. Seneque, C. Severin, P. Shah, I. Souliotis, A. Srour, P. Steele, D. Steinbach, R.M. Sultan, R. Sumaila, L.E. Svensson, V. Sweeney, J. Tanzer, P. ten Brink, L. The, F. Thevenon, J. van den Bergh, D. Waruinge, E. Watkins, S. Withana, P. ZiveriTrade Review'This important new book reveals the complex issues facing the planet's oceans, a vital global commons. The detailed description of practical policy tools and innovative solutions should be recommended reading for anyone working on the health and sustainable management of the marine environment.' --(Naoko Ishii, CEO and Chairperson, Global Environment Facility)'This comprehensive Handbook highlights, using both a scientific and a social lens, the importance of ocean governance, conservation and sustainable management. Healthy oceans play fundamental roles in improving human health and well-being, contributing to food security and mitigating impacts of climate change. The complexity of the issues relating to oceans requires multidimensional solutions that integrate all aspects of the socio-ecological system. This Handbook highlights solutions derived from a blue economy and an increased role of the private sector, leading to a more sustainable use of ocean resources within the framework of the 2030 Agenda.' --(Mette Wilkie, United Nations Environment Programme, Kenya)'This Handbook is a valuable instrument for science-based decision-making - either by corporate, public or third sector organizations - on a growingly strategic field: sustainable management and conservation of oceans. We should be grateful to all 101 contributors to this important book and make use of its lessons to successfully implement the Sustainable Development Goals by 2030.' --(Teresa Patricio Gouveia, Trustee, Calouste Gulbenkian Foundation)Table of ContentsContents: Foreword Achim Steiner Introduction Paulo A.L.D. Nunes, Lisa Emelia Svensson, Anil Markandya PART I: Emerging Multi-disciplinary Methods for Valuation of Marine and Coastal Ecosystem Services 1. A Socio-Economic Framework for Integrating Multi-Use Offshore Platforms in Sustainable Blue Growth Management: Theory and Applications Phoebe Koundouri, Wenting Chen, Osiel González Dávila, Amerissa Giannouli, José Hernández Brito, Erasmia Kotoroni, Evdokia Mailli, Katja Mintenbeck, Chrysoula Papagianni and Ioannis Souliotis 2. The Northern Mozambique Channel – A Capitals Approach to a Blue Economy Future David O. Obura, Valerie Burgener, Harifidy O. Ralison, Peter Scheren, Paulo A.L.D. Nunes, Melita Samoilys, Dixon Waruinge and John Tanzer 3. Nature’s ‘Blue’ Value: Innovating Approaches to Valuing our Ocean and Coasts Yannick Beaudoin, Alberto Pacheco Capella, Julie Richardson, Remi Mongruel, Megan Seneque, Jim Marsden and John Gowdy 4. Aquaculture in the Mediterranean and the Black Sea: a Blue Growth Perspective Fabio Massa, Laura Onofri and Davide Fezzardi 5. Valuing Marine Ecosystem Services Loss from Oil Spills for Use in Cost-Benefit Analysis of Preventive Measures Ståle Navrud, Henrik Lindhjem and Kristin Magnussen 6. Assessing the Annual Revenue of Marine Industries Operating at Condor Seamount, Azores Adriana Ressurreição, Gui Menezes and Eva Giacomello 7. Economic Value of Marine Ecosystem Services for Sustainable Ocean Management – the Case of Mauritius Riad Sultan 8. Preferences for Marine Protection in Okinawa: A Comparison of Management Options and Two Groups of Beneficiaries Payal Shah, Sahan T. M. Dissanayake, Nils Carlson, Yoko Fujita and Paulo A.L.D. Nunes Part II The Testimony of Economic Valuation in Ocean Management 9. Collaborative, Adaptive Management of the Mesoamerican Reef Melanie McField, Ian Drysdale, Marisol Rueda Flores, Roberto Pott and Ana Giró Petersen 10. Operationalizing the Ecosystem Approach to Resolve Mismatches in Ocean Governance Maialen Garmendia, Anil Markandya, Elena Ojea and Marta Pascual 11. Impact of High Seas Closure on Food Security in Low Income Fish Dependent Countries Louise Teh, Vicky Lam, William Cheung, Dana Miller, Lydia Teh and U. Rashid Sumaila 12. Jellyfish Outbreaks and Recreation in the Mediterranean Sea: Welfare Impacts and Impacted Recreationist Types in Tel Aviv and Barcelona Coastlines Maria Loureiro, Andrea Ghermandi, Bella Galil, John Gowdy and Paulo A.L.D. Nunes 13. A Story of the Successful Application of a Co-management Fishing Regime in Suruga Bay, Japan Makoto Omori, Ayumi Onuma and Nami Okubo 14. The Socio-economic Impacts of Marine Litter, Including the Costs of Policy Inaction and Action Emma Watkins, Patrick ten Brink, Sirini Withana, Marianne Kettunen, Daniela Russi, Konar Mutafoglu, Jean-Pierre Schweitzer and Giulia Gitti 15. Fiscal Reforms for Sustainable Marine Fisheries Governance: Institutional Frameworks and Design Essentials Essam Yassin Mohammed, Dave Steinbach, Paul Steele and Ben Milligan 16. Adaptation Policies and Strategies as a Response to Ocean Acidification and Warming in the Mediterranean Sea Patrizia Ziveri, Elisa Delpiazzo, Francesco Bosello, Fabio Eboli and Jeroen van den Bergh 17. Tackling Marine Plastic Pollution: Monitoring, Policies, and Sustainable Development Solutions Florian Thevenon and João Matos de Sousa Part III The Role of Science to Policy interface in Ocean Governance 18. The UN Architecture for Ocean Science Knowledge and Governance Luis Valdés 19. Ocean Acidification: Impacts and Governance David Osborn, Sam Dupont, Lina Hansson and Marc Metian 20. Private Governance of Ocean Resources Rolf A. Groeneveld, Simon R. Bush and Megan Bailey 21. The GEF Perspective: Strengthening Ocean Health and Ecosystem Services Through Transboundary Partnerships Gustavo A.B. da Fonseca, Leah Karrer, Christian Severin, Mish Hamid and Steffen Hansen 22. Post-Rio+20 Effective Management for Sustainability: The Case of the General Fisheries Commission for the Mediterranean of the Food and Agriculture Organization of the United Nations Stefano Cataudella, Abdellah Srour and Nicola Ferri 23. On Governance in Fisheries in Senegal: from Top-down Control to Co-management Dyhia Belhabib, Allan Padilla, U. Rashid Sumaila and Daniel Pauly 24. Portuguese National Ocean Strategy 2013–2020 João Ribeiro, Conceição Santos and Fernando Marques 25. Regional Oceans Governance: Making Regional Seas Programmes, Regional Fishery Bodies and Large Marine Ecosystem Mechanisms Work Better Together Raphaël Billé, Lucien Chabason, Petra Drankier, Erik J.Molenaar and Julien Rochette 26. Ocean Literacy as a Key Toward Sustainable Development and Ocean Governance Sam Dupont and Géraldine Fauville 27. Consolidating 20 years of GPA and its Activities in Improving Sustainable Use of Oceans Vincent Sweeney Index

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Book SynopsisThis timely book focuses on achieving a sustainable future through the reform of green fiscal policy. Green fiscal policies help not only provide the needed financing but may also serve the Sustainable Development Goals adopted by the United Nations in 2015. In this volume environmental tax experts review the development of fiscal carbon policy, consider the impact of green taxation on trade and competition, analyze the lessons learned from national experiences with fuel and energy pricing, and evaluate a variety of green economic instruments.A comprehensive range of green economic instruments is evaluated, covering emissions trading schemes, energy tax systems, global natural resource consumption taxes and fiscal intervention. The contributions from leading environmental taxation scholars consider thought-provoking innovations in policy and law to deal with climate change and explore a range of fiscal strategies designed to mitigate the negative and maximise the positive effects of a carbon economy.This is a vital reference work for students and academics in environmental law, economics and sustainability, and will serve as an excellent guide for policy makers and those involved in fiscal reform.Contributors include: C. Brandimarte, J. Bruha, H. Bruhová-Foltýnová, L. del Federico, A. Gerbeti, S. Giorgi, E. Guglyuvatyy, S.-A. Joseph, C. Kettner, D. Kletzan-Slamanig, D. Leary, Y. Motoki, A. Naito, P. Pearce, V. Písa, N.P. Stoianoff, S.L. Tan, X. Wang, S. Wright, J. Wu, Z. YangTrade ReviewThis book clearly and helpfully lays out the political and institutional context in which climate policy has been made in countries around the world. Don't expect stylized theories here. There's reality instead, as convoluted as it comes.' --Richard S.J. Tol, University of Sussex, UK and Vrije Universiteit Amsterdam, the Netherlands'This is another collection of superb up-to-date commentary around the environment and environmental taxation specifically. As the world moves towards ever greater uncertainty and concern about the environment we need to project much more intellectual capital to persuading the still considerable number of disbelievers that we humans are warming the earth up and must do something to stop that happening. I commend this collection of papers and encourage everyone to spend some time reading the contents of this book.' --Chas Roy-Chowdhury, Association of Chartered Certified Accountants, UK'Readers with an interest in how climate mitigation policy is being designed in countries especially outside of Europe, including the extent to which market-based instruments are applied, will be richly rewarded by this volume. Providing novel insights on Australia, Japan, China, Latin America as well as European countries, it addresses more generically the feasibility of unilateral action in a globalized world committed to free trade.' --Mikael Skou Andersen, Aarhus University, DenmarkTable of ContentsContents: Preface Part I Fiscal Carbon Policy Development 1. A Good F.A.C.T. For Climate Change Mitigation Cristina Brandimarte 2. Tax Credit Hypothesis to Coordinate EU - ETS And EU Energy Tax System Lorenzo del Federico and Silvia Giorgi 3. Carbon Policy in Australia – A Political History Evgeny Guglyuvatyy and Natalie P. Stoianoff 4. Trends in the Greening of Energy and Vehicle Tax Systems - Japan and the EU Aya Naito and Yuko Motoki Part II Trade, Taxation and Sustainability 5. CO2 in Goods Agime Gerbeti 6. The Global Natural Resource Consumption Tax Sally-Ann Joseph 7. Potential Environmental Impacts of the Australia-South Korea Free Trade Agreement and Fiscal Intervention Seck L. Tan 8. The Impact of Environmental Taxes on Enterprise Behavior and Competitiveness – China’s iron and steel industry Jian Wu, Xiao Wang and Zhe Yang Part III National Experiences with Fuel and Energy Pricing 9. Distributional Effects of Motor Fuel Taxation in the Czech Republic Jan Brůha, Hana Brůhová-Foltýnová and Vítězslav Píša 10. Renewable Electricty Support in the EU – What Lessons Can Be Learned? Claudia Kettner and Daniela Kletzan-Slamanig 11. Protecting Australian Gas Resource and the Need to Reserve and Promote the Use of Natural Gas for Australian Industries Prafula Pearce Part IV Evaluating Green Economic Instruments 12. The Australian Renewable Energy Target Scheme: A Case Study of the Impact of Uncertainty on a Market Based Mechanism. David Leary 13. Economic Instruments in Pollution Law in New South Wales, Australia: A Case for Greater Use and Refinement Sarah Wright Index

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Book SynopsisOnly through a concerted global effort can we protect our natural resources, save our precious natural environment, and indeed our future. Pressures on our natural environment come from many directions, including overuse, mismanagement and contamination, all of which must be addressed through a range of measures as part of an international response. This much-needed book reviews and evaluates the use of market and fiscal instruments in protecting our natural resources, from rural to marine environments. The expert contributors emphasise the need to reduce greenhouse gas emissions to stem the tide of irreparable harm to our natural resources. Market instruments that are designed to protect the global atmosphere are evaluated, along with carbon instruments and environmental tax incentives. Meanwhile, consideration is given to shifting the tax burden to achieve environmentally responsible outcomes, balancing sustainable use and natural resource protection, and protecting water resources.Offering a comprehensive appraisal of market instruments and policy solutions for natural resource protection, this book is ideal for both policy makers and students and academics of environmental law, economics and sustainability. Contributors include: K. Bubna-Litic, B. Butcher, M.M. Callison, M. Cao, A.C. Cerqueira Duque, J. Cottrell, E. de Lemos Pinto Aydos, M. Dobranschi, F. Fortier, W. Gumley, M.L. Hymel, V. Johnston, C. Kettner, L. Kreiser, P. Lee, A. Lerch, D. Nerudova, S. Palassis, S. Rudolph, K. Schlegelmilch, H. Sprohge, R. TavallaliTrade Review‘Market Instruments and the Protection of Natural Resources is an interesting contribution to the literature on the use of economic instruments to address climate change, water pollution and natural resource management. The book contains a lot of factual information and touches upon a number of issues that can stimulate further debates. Geographically the book includes many concrete examples from both the Northern and Southern hemispheres.’ -- Nils Axel Braathen, OECD Environment Directorate, France‘The good management of vital natural resources is a key challenge for the future of both our wellbeing and our economies. The editors of this state-of-the-art volume have skillfully mapped out many of the key issues, with a comprehensive breadth of insights from a diverse, experienced, international and well-qualified group of contributors. This book is essential reading for those seeking a multifaceted and global assessment of the role of market and fiscal instruments in protecting natural resources.’ -- Michael D'Ascenzo, ATO, AustraliaTable of ContentsContents: Preface Part I Balancing Sustainable Use and Natural Resource Protection 1. The Use of Market Based Instruments in Protecting South Australia’s Marine Protected Areas Karen Bubna-Litic 2. A Bottom Up Approach to Developing REDD+ Programs in Brazilian States and California Ana Carolina Cerqueira Duque 3. Sowing the Seed of Change: Why Australia’s Land Sector Needs a Carbon Price to Encourage Mitigation of GHG Emissions and Promote Sustainable Land Use Vanessa Johnston Part II Protecting Water Resources 4. Fighting for Water: The Role of Federal Market Instruments in Addressing Water Issues the United States Mona L. Hymel 5. The Impact of Hydraulic Fracturing on Fresh Water Resources in the United States Hans Sprohge, Bill Butcher and Mary Margaret Callison and Larry Kreiser 6. Policy Instruments to Support Water Conservation and Support the Ecosystem: A California Example Rahmat Tavallali and Paul Lee Part III Shifting the Tax Burden to Effect Environmentally Responsible Outcomes 7. From Fossil Fuels to Renewable Energy: Subsidy Reform and Energy Transitions in African and Indian Ocean Island States Kai Schlegelmilch, Jacqueline Cottrell and Francois Fortier 8. Using Environmental Taxation to Improve Outcomes for e-waste in Australia Wayne Gumley 9. The Ad Unit and Ad Valorem Tax Burden Shifting and Its Impact on Pigovian Taxation in the European Union Member States Danuse Nerudova and Marian Dobranschi Part IV Evaluating Instruments that Protect the Global Atmosphere 10. Carbon Trading or Carbon Tax: Which is the More Feasible Solution to Climate Change from the perspective of China? Mingde Cao 11. Regulation of Ship-Sourced Carbon Dioxide Emissions: The Creation of Economic Instruments Stathis Palassis 12. Sectoral Allocation Patterns in the EU Emission Trading Scheme: Empirical Evidence and Outlook Claudia Kettner 13. Paris: The Dilemmas of International Climate Change Negotiations and the Role for Linked Emissions Trading Schemes in the Post 2020 Regime Elena de Lemos Pinto Aydos 14. Just ETS? Social Justice and Recent Reforms in EU and US Carbon Markets Achim Lerch and Sven Rudolph Index

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Book SynopsisThis book explores novel research perspectives at the intersection of environmental/natural resource economics and productivity analysis, emphasizing the link between productivity and efficiency measurement, and environmental impacts. The purpose of the book is to present new approaches and methods for measuring environmentally adjusted productivity and efficiency, and for incorporating natural resources in standard national accounting practices. These methods are applicable in many contexts, including air and water pollution, climate change, green accounting, and environmental regulation. The contributions, written by distinguished leaders in the field, provide an up-to-date assessment of the state of the art in environmentally adjusted productivity and efficiency analysis. A review of the rapidly expanding literature is included and complemented by international case studies. The book's forward-looking ideas and new theories and methods trace future directions in this exciting and topical research area. This is an essential tool for researchers and scholars, including postgraduate students, working in the area of international and environmental accounting, and productivity and efficiency analysis. The book will also have a broad appeal for various professionals including statisticians, national accountants and policymakers.Contributors include: M. Akter, T. Ancev, M.A.S. Azad, Á. Bellver-Domingo, H.K. Edmonds, M. Eigenraam, R.G. Färe, K.J. Fox, S. Grosskopf, A. Hailu, F. Hernández-Sancho, V.-N. Hoang, N. Hughes, W. Ingram, H. Jahan, B. Lamizana-Diallo, K. Lawson, L.Y.T. Lee, C.A.K. Lovell, J.E. Lovell, C. Ma, C. Obst, C.A. Pasurka, Jr., C. WilsonTrade Review'The international community has signed up to the Sustainable Development Goals and economic measurement has to better gauge how the economy and the environment interact. Productivity is a core economic indicator. Yet, in its traditional set-up, it takes no account of environmental services provided to the economy, such as natural resource flows or emission sink services. This book brings together the latest research to account for these environmental services and does so in an authoritative way. An excellent overview of the theoretical foundations blends with extensive references to the literature and many empirical examples.' --Paul Schreyer, OECD, France'Consistent growth of productivity is key to improving standards of living, but not if it comes at the expense of environmental quality. This important and timely book provides a compact yet rigorous survey of methods for measuring environmentally adjusted productivity with several chapters demonstrating methodological advances. Empirical applications range from total factor productivity in a large panel of OECD countries, to productivity of shrimp farming in Bangladesh, and crop-farming in southern Australia where deteriorating weather conditions had masked productivity growth.' --Alan Randall, The Ohio State University, US and the University of Sydney, AustraliaTable of ContentsContents: 1. Introduction Tiho Ancev, M.A. Samad Azad and Francesc Hernández Sancho 2. Environmentally Adjusted Productivity and Efficiency: A Review of Concepts, Methods and Empirical Work Tiho Ancev, M.A. Samad Azad and Mahmuda Akter 3. Modeling Pollution Abatement Technologies as a Network Rolf G. Färe, Shawna Grosskopf, Carl A. Pasurka, Jr. 4. Efficiency Analysis in Uncertain Operating Environments: The Problem with Outliers Kevin J. Fox and Lisa Y.T. Lee 5. Assessing Stream Health With Respect to Ecological Connectivity H.K. Edmonds, J.E. Lovell and C.A.K. Lovell 6. Accounting for nutrient pollution in measuring agricultural total factor productivity: A study of OECD economies Viet-Ngu Hoang and Clevo Wilson 7. Incorporating the Environment in Agricultural Productivity: Applying Advances in International Environmental Accounting Carl Obst and Mark Eigenraam 8. Climate Adjusted Productivity in Australian Cropping Farms Neal Hughes and Kenton Lawson 9. Environmentally Adjusted Efficiency of Municipal Water Suppliers Fransec Hernández-Sancho and Águeda Bellver-Domingo 10. Valuing Environmental and Health Impacts from No Action in Wastewater Management Francesc Hernández-Sancho, Birguy Lamizana-Diallo and William Ingram 11. Estimating the Cost of Carbon Abatement for China Atakelty Hailu and Chunbo Ma 12. Environmentally adjusted efficiency of shrimp farming in Bangladesh Hasneen Jahan and Tiho Ancev Index

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Book SynopsisDaniel Press brings his considerable experience to light in this excellent book, and it should be a required read for every scholar and student of environmental studies and science. He convincingly leverages an evidence based approach by digging into the data on toxic release, acid rain, non-point source water pollution, and industrial recycling to challenge the conventional wisdom that environmental regulation in the United States has been settled and is successful. Issuing a clarion call to those who care about environmental values, he urges us to redirect our action and discourse and to rethink how we can be more effective, with his specific recommendations for policy and regulatory reform.'- Toddi A. Steelman, University of Saskatchewan, Canada'Those of us who work on environmental policy should never let the grind of our day-to-day challenges turn us away from the ultimate question of whether we are leaving a better environment to the next generation. Daniel Press looks at the current state of environmental regulation and probes just this question. It s worth a read for anyone who cares about the decisions we must make - and the processes we now use to get to those decisions - that will shape the world for years to come.'- John Laird, California Secretary for Natural Resources'In American Environmental Policy Daniel Press guides the reader through not only the motivations and concepts that have been employed to set land, water, and air pollution policies, but also a dive into the details of both the environmental science and the legal and regulatory science that determines the success or failure of these actions. This book is instrumental for all those interested in both the why and the how - and the how much - of the legacy of Rachel Carson and the past five decades of environmental management.'- Daniel Kammen, University of California, Berkeley, US'Daniel Press's new book is an excellent one. By focusing on implementation - what happens after policy has been adopted - Press demonstrates the weaknesses of pollution control policy in the United States. Case studies of acid rain, nonpoint source water pollution, and paper recycling illuminate 'regulatory failure,' the structural problems of American regulatory approaches. He concludes with recommendations to move us ahead, a path forward that focuses on performance, information, incentives, and source reduction. Strongly recommended.'- Christopher McGrory Klyza, Middlebury College, USMore than 40 years after the United States launched bold efforts to curb pollution and waste, American environmental management has stalled. Drawing extensively on recent environmental science, engineering, regulatory agency data and trade information, American Environmental Policy explores how environmental management in the US has fallen short of its early promise and reputation.Arguing that policies need to be redesigned for the 21st century, this book offers examples and principles of effective environmental policy reforms. It concludes with suggestions for how new policies should be designed, as well as examples of successful regulatory innovations already in practice around the world.Environmental policy scholars, students and science and environment journalists interested in evaluating environmental policy over time will find this to book of value. The approaches discussed in this book will also be useful for environmental and natural resource agency officials.Trade Review‘This is a well-researched, lucidly written book.? ?It is a magnificent addition to the existing literature on environmental policies and regulations. I believe this book? ?should motivate the academic community to conduct further research in several other environmental domains, both? ?within the USA and in other countries. I highly recommend? ?this book to scholars, policy-makers and other stakeholders, who are interested in environmental regulations? ? -- and governance.’– Science and Public Policy?‘The book would be a valuable text for a graduate or advanced undergraduate course in environmental policy.’ -- Maria Manta Conroy, Town Planning Review‘Daniel Press brings his considerable experience to light in this excellent book, and it should be a required read for every scholar and student of environmental studies and science. He convincingly leverages an evidence based approach by digging into the data on toxic release, acid rain, non-point source water pollution, and industrial recycling to challenge the conventional wisdom that environmental regulation in the United States has been settled and is successful. Issuing a clarion call to those who care about environmental values, he urges us to redirect our action and discourse and to rethink how we can be more effective, with his specific recommendations for policy and regulatory reform.’ -- Toddi A. Steelman, University of Saskatchewan, Canada‘Those of us who work on environmental policy should never let the grind of our day-to-day challenges turn us away from the ultimate question of whether we are leaving a better environment to the next generation. Daniel Press looks at the current state of environmental regulation and probes just this question. It’s worth a read for anyone who cares about the decisions we must make – and the processes we now use to get to those decisions – that will shape the world for years to come.’ -- John Laird, California Secretary for Natural Resources‘In American Environmental Policy Daniel Press guides the reader through not only the motivations and concepts that have been employed to set land, water, and air pollution policies, but also a dive into the details of both the environmental science and the legal and regulatory science that determines the success or failure of these actions. This book is instrumental for all those interested in both the why and the how – and the how much – of the legacy of Rachel Carson and the past five decades of environmental management’ -- Daniel Kammen, University of California, Berkeley, US‘Daniel Press’s new book is an excellent one. By focusing on implementation – what happens after policy has been adopted – Press demonstrates the weaknesses of pollution control policy in the United States. Case studies of acid rain, nonpoint source water pollution, and paper recycling illuminate “regulatory failure,” the structural problems of American regulatory approaches. He concludes with recommendations to move us ahead, a path forward that focuses on performance, information, incentives, and source reduction. Strongly recommended.’ -- Christopher McGrory Klyza, Middlebury College, USTable of ContentsContents: Preface 1. Introduction 2. Measuring Pollution 3. At The End of the Pipe, or Why Acid Rain Will be a Problem as Long as We Burn Coal 4. Failure When There Is No Pipe 5. Failure Before The End of the Pipe: Missed Opportunities in American Paper Recycling 6. Regulation Beyond Compliance, Abatement and Mitigation References Index

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Book SynopsisElgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences and law, expertly written by the world?s leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. 'Ecological economics has roots in numerous disciplines including various branches of economics, ecology, physics, systems analysis and the study of technology. In his succinct Advanced Introduction to Ecological Economics, Matthias Ruth shows how each of these lines of intellectual inquiry has contributed to the development of ecological economics. He covers its history, main findings and current issues closing with a valuable discussion of complexity and the challenges for analysis and management in a full world.'- Peter A. Victor, York University, Canada Any human endeavor is shaped by, and shapes, changes in the physical and biological environment. In this Advanced Introduction, Matthias Ruth draws on a diverse set of theories, methods and applications to critically assess key concepts in ecological economics. Understanding biophysical foundations of economic growth and development is at the core of ecological economics. The author provides a precise introduction to the interdependencies between economic and environmental change, focusing on the fundamental dependence of the economy on the environment, as a provider of energy, materials and waste assimilation services.Key features include:? an advanced introduction to theories, methods and applications of ecological economics that are reflective rather than enumerative? clarification of the differences between traditional resource and environmental economics? valuable insights from the Global South as well as from experiences in industrialized countries to explore the topic in depth. Offering a unique insight into a field that is still in its formative years of development, this concise and accessible Advanced Introduction will greatly benefit students, researchers and instructors in environmental science and ecological economics.Trade Review'Ruth offers a compact, very readable introduction to the booming field of Ecological Economics as it seeks to trace the interdependencies among human activities and environmental change, focusing in particular on industrial market driven economies. With a very modest degree of mathematical formalization, it pays tribute to science disciplines like physics and ecology in understanding the effects of economic decisions on the biosphere, and makes brief but distinct excursions into mainstream economics to mark the specifics of the ecological economic approach.' --Marina Fischer-Kowalski, University of Vienna, Austria'Being a diverse field, ecological economics tends to be interpreted in distinct ways by different authors. Ruth offers his own take in this concise treatment that quickly moves beyond basics to make the reader aware of the complications characterizing integrated studies. While one could argue with some of his conclusions, they are always richly laced with arguments and illustrations.' --Jeroen van den Bergh, University of Barcelona, Spain and Vrije Universiteit, the Netherlands'This Advanced Introduction is introductory because it starts at the beginning. First principles of economics and ecology are united in a pre-analytic vision of the economy as a subsystem of the ecosphere. It is ''advanced'' because it rigorously elaborates that vision to explain ecological economics, with ample references to the literature, and admirable brevity. A splendid contribution!' --Herman Daly, University of Maryland, USTable of ContentsContents: 1. Introduction 2. Economic Principles of Resource Use and Environmental Change 3. Models of the Economy, Society and Environment 4. Biophysical Principles 5. Technology and Innovation in their Economic, Social and Environmental Context 6. Complexity and the Challenges for Analysis and Management in a Full World References Index

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Book SynopsisElgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences and law, expertly written by the world?s leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. 'Ecological economics has roots in numerous disciplines including various branches of economics, ecology, physics, systems analysis and the study of technology. In his succinct Advanced Introduction to Ecological Economics, Matthias Ruth shows how each of these lines of intellectual inquiry has contributed to the development of ecological economics. He covers its history, main findings and current issues closing with a valuable discussion of complexity and the challenges for analysis and management in a full world.'- Peter A. Victor, York University, Canada Any human endeavor is shaped by, and shapes, changes in the physical and biological environment. In this Advanced Introduction, Matthias Ruth draws on a diverse set of theories, methods and applications to critically assess key concepts in ecological economics. Understanding biophysical foundations of economic growth and development is at the core of ecological economics. The author provides a precise introduction to the interdependencies between economic and environmental change, focusing on the fundamental dependence of the economy on the environment, as a provider of energy, materials and waste assimilation services.Key features include:? an advanced introduction to theories, methods and applications of ecological economics that are reflective rather than enumerative? clarification of the differences between traditional resource and environmental economics? valuable insights from the Global South as well as from experiences in industrialized countries to explore the topic in depth. Offering a unique insight into a field that is still in its formative years of development, this concise and accessible Advanced Introduction will greatly benefit students, researchers and instructors in environmental science and ecological economics.Trade Review'Ruth offers a compact, very readable introduction to the booming field of Ecological Economics as it seeks to trace the interdependencies among human activities and environmental change, focusing in particular on industrial market driven economies. With a very modest degree of mathematical formalization, it pays tribute to science disciplines like physics and ecology in understanding the effects of economic decisions on the biosphere, and makes brief but distinct excursions into mainstream economics to mark the specifics of the ecological economic approach.' --Marina Fischer-Kowalski, University of Vienna, Austria'Being a diverse field, ecological economics tends to be interpreted in distinct ways by different authors. Ruth offers his own take in this concise treatment that quickly moves beyond basics to make the reader aware of the complications characterizing integrated studies. While one could argue with some of his conclusions, they are always richly laced with arguments and illustrations.' --Jeroen van den Bergh, University of Barcelona, Spain and Vrije Universiteit, the Netherlands'This Advanced Introduction is introductory because it starts at the beginning. First principles of economics and ecology are united in a pre-analytic vision of the economy as a subsystem of the ecosphere. It is ''advanced'' because it rigorously elaborates that vision to explain ecological economics, with ample references to the literature, and admirable brevity. A splendid contribution!' --Herman Daly, University of Maryland, USTable of ContentsContents: 1. Introduction 2. Economic Principles of Resource Use and Environmental Change 3. Models of the Economy, Society and Environment 4. Biophysical Principles 5. Technology and Innovation in their Economic, Social and Environmental Context 6. Complexity and the Challenges for Analysis and Management in a Full World References Index

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Book SynopsisThe current political economic system is misaligned for meeting the global imperatives of rapidly reducing greenhouse gases and sharing wealth more equitably. This book makes the case for a new environmentalism that implements a systems change approach to reorient the economy to be more sustainable, just, and democratic. This book addresses the laws and policies needed to support the emergence of a new economy across a variety of major areas - including energy, food, common pool resources, and the shifting of investments to capitalize locally-connected and mission-driven businesses. The contributors take the approach that these challenges are much broader than setting parameters around pollution, and indeed go to the heart of the dominant global political economy. The authors also explore the values needed to transform our current economic system into a new economy supportive of ecological integrity, social justice, and vibrant democracy. Law and Policy for a New Economy: Sustainable, Just, and Democratic will be of interest to academics and scholars of environmental law, climate change, environmental studies, political ecology and environmental economics.Contributors include: S.H. Baker, D. Bollier, M. James, K.B. Jones, C.I. Magallanes, J. Orsi, J. Purdy, L. Ristino, M.K. Scanlan, L. Sheehan, J.G. Speth, J. Taub, D.R.H. Winters, M.C. WoodTrade Review'If the lawyers of the world don't find a way to accelerate the evolution of environmental law, we will all be guilty of planetary malpractice. This timely and provocative book sets up our challenge and starts us thinking of some possible solutions.' --Durwood Zaelke, Institute for Governance and Sustainable Development, US'Awareness raising is good and necessary; responsible consumption and investment is good and necessary; CSR is important and necessary; legal limits for pollutants and incentives for sustainable businesses are good and necessary; but all of them are not sufficient if our common goods such as a stable climate and healthy ecosystem do not find equal consideration in law as private property. In the ''next system,'' the common good will be as precisely defined and as vigorously protected by national and international law as private property and investment rights are today. I thank the authors for paving the path to a true system change.' --Christian Felber, Vienna University of Economics and Business, AustriaTable of ContentsContents: Foreword 1. Climate change, system change, and the path forward Melissa K. Scanlan Part I Paradigms for an Ecological Age 2. The joyful economy: rising up from the devastation of people and nature James Gustave Speth 3. Environmentalism for the next economy Jedediah Purdy 4. Reframing rights and responsibilities to prioritize nature Catherine Iorns Magallanes and Linda Sheehan 5. The Nature’s Trust paradigm for a sustaining economy Mary Christina Wood Part II Practical applications 6. Three legal principles for organizations rebuilding the commons Janelle Orsi 7. Reinventing law for the commons David Bollier 8. New hopes and hazards for social investment crowdfunding Jennifer Taub 9. Distributed renewables in the new economy: lessons from community solar development in Vermont Kevin B. Jones and Mark James 10. Unlocking the energy commons: expanding community energy generation Shalanda H. Baker 11. The decentralization of food policy and building a stronger food system Diana R.H. Winters 12. Legal democracy: using legal design, technology and communications to reform food and agriculture systems Laurie Ristino Index

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Book SynopsisContingent valuation is a survey-based procedure that attempts to estimate how much households are willing to pay for specific programs that improve the environment or prevent environmental degradation. For decades, the method has been the center of debate regarding its reliability: does it really measure the value that people place on environmental changes? Bringing together leading voices in the field, this timely book tells a unified story about the interrelated features of contingent valuation and how those features affect its reliability. Through empirical analysis and review of past studies, the authors identify important deficiencies in the procedure, raising questions about the technique's continued use. Individual chapters investigate how respondents answer questions in contingent valuation surveys, with a particular focus on how the procedure's estimates change based on the costs that the researcher specifies, the payment mechanism, and the scope of the environmental improvement. Other issues covered include whether the survey respondents make trade-offs between the program costs and benefits; and whether corrections can be applied to account for any misunderstanding of the questions by respondents and for the hypothetical nature of the survey. This book will appeal to environmental economists and students in environmental and resource economics. Government staff at environmental agencies and survey researchers will benefit from the close analysis of previous applications.Contributors include: J. Burrows, H.M. Chan, L. Daniel, W. Desvousges, P. Dixon, H.Foster, J. Genser, B. Israel, M. Kemp, E. Leamer, J. Lustig, D. McFadden, D. MacNair, J. Martin, K. Mathews, K. Myers, R. Newman, G. Parsons, J. Plewes, J. Schneider, K. Smith Fayne, T. Tomasi, K. TrainTrade Review'While scepticism about the validity of contingent valuation (CV) approach is widespread in many parts of the choice modelling community, advocates of CV for the valuation of environmental goods point to a number of guidelines that, if followed (often blindly), should lead to reliable results. The evidence in this excellent book, compiled in an objective manner by Dan McFadden and Kenneth Train, casts doubts on this, and points to the far bigger issue of respondents not being able to adequately value such unfamiliar goods in a survey context. The book makes required reading for anyone interested in the topic and suggests that researchers and practitioners in environmental economics should think very carefully about their continued reliance on CV, or indeed other stated preference approaches, for the valuation of environmental goods.' --Stephane Hess, University of Leeds, UKTable of ContentsContents: Introduction Daniel McFadden and Kenneth Train 1. Response to cost prompts in stated preference valuation of environmental goods James Burrows, Powell Dixon and Hiu Man Chan 2. Fat tails and truncated bids in contingent valuation: an application to an endangered shorebird species George Parsons and Kelley Myers 3. Inadequate response to frequency of payments in contingent valuation of environmental goods Kelley Myers, George Parsons, and Kenneth Train 4. An adding-up test on contingent valuations of river and lake quality William Desvousges, Kristy Mathews and Kenneth Train 5. Do contingent valuation estimates of willingness to pay for non-use environmental goods pass the scope test with adequacy? A review of the evidence from empirical studies in the literature James Burrows, Rebecca Newman, Jerry Genser and Jeffrey Plewes 6. Stated preference methods and their applicability to environmental use and non-use valuations Daniel McFadden 7. Some findings from further exploration of the “composite good” approach to contingent valuation Michael Kemp, Edward Leamer, James Burrows and Powell Dixon 8. Inferences from stated preference surveys when some respondents do not compare costs and benefits Edward Leamer and Josh Lustig 9. Assessing the validity of stated preference data using follow-up questions Kelley Myers, Doug MacNair, Ted Tomasi and Jude Schneider 10. Hypothetical bias: a new meta-analysis Harry Foster and James Burrows 11. Legal obstacles for contingent valuation methods in environmental litigation Brian D. Israel, Jean Martin, Kelly Smith Fayne, and Lauren Daniel Index

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Book SynopsisA deepening understanding of the importance of climate change has caused a recent and rapid increase in the number of climate change or climate-related laws. Trends in Climate Change Legislation offers an astute analysis of the political, institutional and economic factors that have motivated this surge, placing it into context. By focusing the analysis on both developed and developing countries, the contributors offer an extensive exploration of climate change legislation, and how it has been enacted on a global scale. Vitally, they make the link between the international commitments under the Paris Agreement and their delivery at national level. Concluding that strong climate legislation is essential to give credibility to the pledges that countries made in Paris, this book identifies the key provisions that good climate laws should contain, and addresses factors that influence the passing of climate laws. This stimulating and informative book will be of particular interest to parliamentarians, policy makers and lawyers involved in areas of climate policy and environmental law. It will also appeal to students and researchers with an interest in climate change legislation.Contributors include: A. Abeysinghe, A. Averchenkova, M. Bangalore, S. Barakat, A. Bowen, A. Clare, S. Fankhauser, J. França, I. Galarraga, C. Gennaioli, F. Green, S. Matikainen, M. Nachmany, I. Neuweg, E. Sainz de Murieta, J. SetzerTrade Review'The Paris Climate Agreement was a landmark of international diplomacy, but it is not self-executing. Fulfilling its objectives will require domestic implementing legislation in almost all of the nearly 200 countries that are signing on, but most countries lack the needed laws. This book arrives at a crucial time. It is an essential guide to how existing climate legislation around the world should be improved and what new laws should be enacted. Its sharp analysis and exhaustive research will be invaluable to lawmakers and those advising them.' --Michael B. Gerrard, Sabin Center for Climate Change Law, Columbia Law School, US'This book is an essential and timely reference tool for parliamentarians and policy makers on practical aspects of climate change legislation. Parliamentarians play a critical role in designing, adopting and implementing appropriate legislation to make the Paris Agreement effective. Trends in Climate Change Legislation provides important insights into how legislators and policy makers can close the policy gap on climate change - the most defining challenge of our time.' --Saber Hossain Chowdhury, President of the Inter-Parliamentary Union'Climate governance is adopting a more open and polycentric form. This important new book sheds new light on the unexpected proliferation of climate legislation at the national level, focusing on its adoption, legal form and unfolding effects on private actors and the judiciary. At such a critical point in the history of international climate diplomacy, when practitioners are anxiously seeking new ways to plug governance ''gaps'', this book carefully explores the promise - and the limits - to governing via national legislation.' --Andrew Jordan, University of East Anglia, UKTable of ContentsContents: 1. Introduction Alina Averchenkova, Sam Fankhauser and Michal Nachmany PART I How Climate Change Legislation Comes About 2. The national and international drivers of climate change legislation Abbie Clare, Sam Fankhauser and Caterina Gennaioli 3. Climate change legislation and policy in China, the European Union and the United States Isabella Neuweg and Alina Averchenkova 4. Climate legislation in the Least Developing Countries Michal Nachmany, Achala Abeysinghe and Subhi Barakat PART II What Climate Change Legislation Should Contain 5. The normative foundations of climate legislation Fergus Green 6. Institutional aspects of climate legislation Alina Averchenkova and Michal Nachmany 7. Good practice in low-carbon policy Alex Bowen and Sam Fankhauser PART III Climate Change Legislation in the Wider Context 8. Climate policy at the sub-national level Ibon Galarraga, Elisa Sainz de Murieta and Joan França 9. Regulating climate change in the courts Joana Setzer and Mook Bangalore 10. Climate legislation and international commitments Alina Averchenkova and Sini Matikainen index

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