Environmental economics Books

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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Book SynopsisThis book compares water allocation policy in three rivers under pressure from demand, droughts and a changing climate: the Colorado, Columbia and Murray-Darling. Each river has undergone multiple decades of policy reform at the intersection of water markets and river basin governance - two prominent responses to the global water crisis often attempted and analyzed separately. Drawing on concepts and evidence about property rights and transaction costs, this book generates lessons about the factors that enable and constrain more flexible and sustainable approaches for sharing water among users and across political jurisdictions.Despite over 40 years of interest in water markets as a solution to water scarcity, they have been slow to develop. Intensified competition has also stimulated interest in river basins as the ideal unit to manage conflicts and tradeoffs across jurisdictions, but integration has proven elusive. This book investigates why progress has been slower and more uneven than expected, and it pinpoints the principles and practices associated with both successes and failures. Garrick synthesizes theoretical traditions in public policy and institutional economics, to examine the influence of path dependency and transaction costs on water allocation reform. Using evidence from historical sources, public policy analysis and institutional economics, the book demonstrates that reforms to water rights and transboundary governance arrangements must be combined and complementary to achieve lasting success at multiple scales.The original approach of this book, and its comparison of three prominent sites of reform, makes it an asset to practitioners of water policy, as well as water governance scholars and academics in public policy and economics who are focused on environmental policy, property rights and institutional change.Trade Review'This book is a stand out. It shines a light on a public policy question of critical importance: How to generate solutions to poor water governance and to make a difference for people who share scarce freshwater resources? It's a book everyone should read to learn lessons from the Western US and Southeast Australia - two regions with a long history of tackling difficult water planning and allocation challenges.' --R. Quentin Grafton, The Australian National University'Dustin Garrick provides us with an inspiring landmark study of water allocation problems in highly stressed river basins. In a deeply reflected way, he pushes forward the scientific contribution of transaction costs analysis and diagnostics of polycentric governance in regard to addressing and understanding natural resource management problems worldwide.' --Andreas Thiel, Humboldt University, Germany'Water Allocation in Rivers under Pressure goes beyond a simplistic analysis of how the rules governing water allocation on the Columbia, Murray-Darling, and Colorado River systems create difficulties. Garrick helps us understand why those rules operate the way they do, and why they are so difficult to change. His clarity in explaining the roots of our problems can go a long way toward helping us learn to fix them.' --John Fleck, University of New MexicoTable of ContentsContents; 1. Water Allocation in Rivers Under Pressure: A Large-scale Collective Action Dilemma 2. Water Allocation and Institutional Change in a Transaction Costs World: An Analytical Framework 3. Unlocking the Past: Path Dependency and Intertemporal Costs 4. Emerging Water Markets in the Columbia Basin: Transaction Costs and Adaptive Efficiency in Environmental Water Allocation 5. Maturing Water markets and Public Goods in the Murray–Darling Basin: Scaling up Water Trading and Transboundary Governance 6. Systemic Risks, Polycentric Responses: Performance, Principles and Practices Index

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Book SynopsisThis timely research review discusses a selection of key articles on the economics of renewable energy. From a modest role as a backstop technology in the 1970s to a central role in low carbon transitions today, the review reveals the emergence and growing importance of this sub-field of economics. Topics covered include the costs of renewable power (taking account of issues related to technological development, intermittency and interconnection), policies that promote renewable energy development, its public and private demand, and its impact on the environment and the economy. This comprehensive and indispensible review serves as an essential source of reference for students and researchers.Trade Review‘Roger Fouquet has assembled an All-Star Team of energy economists whose impressive body of work extends from the beginning of the theory of optimal extraction of exhaustible natural resources, all the way through the emergence of exciting new technologies for renewable generation. Along with the honor of appearing here, however, the authors should know that I’ll use this terrific collection every time I go looking for the best possible reviewers of new research in renewable energy.’ -- Don Fullerton, Editor, Journal of the Association of Environmental and Resource EconomistsTable of ContentsContents Introduction Roger Fouquet PART I RENEWABLE ENERGY AS A ‘BACKSTOP TECHNOLOGY’ 1. Robert M. Solow (1974), ‘The Economics of Resources or the Resources of Economics’, American Economic Review: Papers and Proceedings, 64 (2), May, 1–14 2. Partha Dasgupta and Geoffrey Heal (1974), ’The Optimal Depletion of Exhaustible Resources’, Review of Economic Studies: Symposium on the Economics of Exhaustible Resources, 41 (5), December, 3–28 3. Ujjayant Chakravorty, James Roumasset and Kinping Tse (1997), ‘Endogenous Substitution among Energy Resources and Global Warming’, Journal of Political Economy, 105 (6), December, 1201–34 4. Olli Tahvonen and Seppo Salo (2001), ‘Economic Growth and Transitions between Renewable and Nonrenewable Energy Resources’, European Economic Review, 45 (8), August, 1379–98 5. Yacov Tsur and Amos Zemel (2003), ‘Optimal Transition to Backstop Substitutes for Nonrenewable Resources’, Journal of Economic Dynamics and Control, 27 (4), February, 551–72 6. Daron Acemoglu, Philippe Aghion, Leonardo Bursztyn and David Hemous (2012), ‘The Environment and Directed Technical Change’, American Economic Review, 102 (1), February, 131–66 PART II THE ECONOMICS OF RENEWABLE ENERGY 7. Severin Borenstein (2012), ‘The Private and Public Economics of Renewable Electricity Generation’, Journal of Economic Perspectives, 26 (1), Winter, 67–92 8. Geoffrey Heal (2010), ‘Reflections – The Economics of Renewable Energy in the United States’, Review of Environmental Economics and Policy, 4 (1), Winter, 139–54 9. Paul L. Joskow (2011), ‘Comparing the Costs of Intermittent and Dispatchable Electricity Generating Technologies’, American Economic Review: Papers and Proceedings, 101 (3), May, 238–41 10. Gautam Gowrisankaran, Stanley S. Reynolds and Mario Samano (2016), ‘Intermittency and the Value of Renewable Energy’, Journal of Political Economy, 124 (4), August, 1187–234 11. Richard Green, Danny Pudjianto, Iain Staffell and Goran Strbac (2016), ‘Market Design for Long-Distance Trade in Renewable Electricity’, Energy Journal: Bollino-Madlener Special Issue, 37 (SI2), 5–22 12. Erin Baker, Meredith Fowlie, Derek Lemoine and Stanley S. Reynolds (2013), ‘The Economics of Solar Electricity’, Annual Review of Resource Economics, 5, 387–426 PART III POLICIES TO PROMOTE RENEWABLE ENERGY: CONCEPTS, THEORY AND SIMULATIONS 13. Ryan Wiser, Steven Pickle and Charles Goldman (1998), ‘Renewable Energy Policy and Electricity Restructuring: A California Case Study’, Energy Policy, 26 (6), May, 465–75 14. Eirik S. Amundsen and Jørgen Birk Mortensen (2001), ‘The Danish Green Certificate System: Some Simple Analytical Results’, Energy Economics, 23 (5), September, 489–509 15. Stefan Boeters and Joris Koornneef (2011), ‘Supply of Renewable Energy Sources and the Cost of EU Climate Policy’, Energy Economics, 33 (5), September, 1024–34 16. Harrison Fell and Joshua Linn (2013), ‘Renewable Electricity Policies, Heterogeneity, and Cost Effectiveness’, Journal of Environmental Economics and Management, 66 (3), November, 688–707 PART IV POLICIES TO PROMOTE RENEWABLE ENERGY: EMPIRICAL EVIDENCE 17. Catherine Mitchell (1995), ‘The Renewables NFFO: A Review’, Energy Policy, 23 (12), December, 1077–91 18. Richard Schmalensee (2012), ‘Evaluating Policies to Increase Electricity Generation from Renewable Energy’, Review of Environmental Economics and Policy, 6 (1), Winter, 45–64 19. Steffen Jenner, Gabriel Chan, Rolf Frankenberger and Mathias Gabel (2012), ‘What Drives States to Support Renewable Energy?’, Energy Journal, 33 (2), 1–12 20. Thilo Grau (2014), ‘Responsive Feed-In Tariff Adjustment to Dynamic Technology Development’, Energy Economics, 44, July, 36–46 21. Jonathan E. Hughes and Molly Podolefsky (2015), ‘Getting Green with Solar Subsidies: Evidence from the California Solar Initiative’, Journal of the Association of Environmental and Resource Economists, 2 (2), June, 235–75 PART V INNOVATION AND DIFFUSION OF RENEWABLE ENERGY TECHNOLOGY 22. Michael J. Grubb (1988), ‘The Potential for Wind Energy in Britain’, Energy Policy, 16 (6), December, 594–607 23. Gregory F. Nemet (2006), ‘Beyond the Learning Curve: Factors Influencing Cost Reductions in Photovoltaics’, Energy Policy, 34 (17), November, 3218–32 24. David Popp, Ivan Hascic and Neelakshi Medhi (2011), ‘Technology and the Diffusion of Renewable Energy’, Energy Economics: Special Issue on The Economics of Technologies to Combat Global Warming, 33 (4), July, 648–62 25. Kenneth Gillingham, Hao Deng, Ryan Wiser, Naïm Richard Darghouth, Gregory Nemet, Galen Barbose, Varun Rai and Changgui Dong (2016), ‘Deconstructing Solar Photovoltaic Pricing: The Role of Market Structure, Technology, and Policy’, Energy Journal, 37 (3), 231–50 26. Birte Pfeiffer and Peter Mulder (2013), ‘Explaining the Diffusion of Renewable Energy Technology in Developing Countries’, Energy Economics, 40, November, 285–96 PART VI THE DEMAND FOR RENEWABLE ENERGY 27. Roger Fouquet (1998), ‘The United Kingdom Demand for Renewable Electricity in a Liberalised Market’, Energy Policy, 26 (4), March, 281–93 28. Ryan H. Wiser (2007), ‘Using Contingent Valuation to Explore Willingness to Pay for Renewable Energy: A Comparison of Collective and Voluntary Payment Vehicles’, Ecological Economics, 62 (3–4), May, 419–32 29. Marcello Graziano and Kenneth Gillingham (2015), ‘Spatial Patterns of Solar Photovoltaic System Adoption: The Influence of Neighbors and the Built Environment’, Journal of Economic Geography, 15 (4), July, 815–39 30. Naïm R. Darghouth, Galen Barbose and Ryan Wiser (2011), ‘The Impact of Rate Design and Net Metering on the Bill Savings from Distributed PV for Residential Customers in California’, Energy Policy, 39 (9), September, 5243–53 PART VII THE ENVIRONMENTAL IMPACT OF RENEWABLE ENERGY 31. Brian C. Murray, Maureen L. Cropper, Francisco C. de la Chesnaye and John M. Reilly (2014), ‘How Effective are US Renewable Energy Subsidies in Cutting Greenhouse Gases?’, American Economic Review: Papers and Proceedings, 104 (5), May, 569–74 32. Joseph Cullen (2013), ‘Measuring the Environmental Benefits of Wind-Generated Electricity’, American Economic Journal: Economic Policy, 5 (4), November, 107–33 33. Kevin Novan (2015), ‘Valuing the Wind: Renewable Energy Policies and Air Pollution Avoided’, American Economic Journal: Economic Policy, 7 (3), August, 291–326 34. Kenneth Lee, Edward Miguel and Catherine Wolfram (2016), ‘Appliance Ownership and Aspirations among Electric Grid and Home Solar Households in Rural Kenya’, American Economic Review: Papers and Proceedings, 106 (5), May, 89–94 PART VIII THE ECONOMIC IMPACTS OF RENEWABLE ENERGY 35. Esther Duflo and Rohini Pande (2007), ‘Dams’, Quarterly Journal of Economics, 122 (2), May, 601–46 36. Carl Kitchens (2014), ‘The Role of Publicly Provided Electricity in Economic Development: The Experience of the Tennessee Valley Authority, 1929–1955’, Journal of Economic History, 74 (2), June, 389–419 37. Molly Lipscomb, A. Mushfiq Mobarak and Tania Barham (2013), ‘Development Effects of Electrification: Evidence from the Topographic Placement of Hydropower Plants in Brazil’, American Economic Journal: Applied Economics, 5 (2), April, 200–31 38. Hunt Allcott, Allan Collard-Wexler and Stephen D. O’Connell (2016), ‘How Do Electricity Shortages Affect Industry? Evidence from India’, American Economic Review, 106 (3), March, 587–624 39. Samuel R. Dastrup, Joshua Graff Zivin, Dora L. Costa and Matthew E. Kahn (2012), ‘Understanding the Solar Home Price Premium: Electricity Generation and “Green” Social Status’, European Economic Review: Green Building, the Economy, and Public Policy, 56 (5), July, 961–73 40. Christopher R. Knittel and Aaron Smith (2015), ‘Ethanol Production and Gasoline Prices: A Spurious Correlation’, Energy Journal, 36 (1), 73–113 PART IX THE TRANSITION TO A RENEWABLE ENERGY ECONOMY 41. Penny Street and Ian Miles (1996), ‘Transition to Alternative Energy Supply Technologies: The Case of Windpower’, Energy Policy, 24 (5), May, 413–25 42. Karsten Neuhoff (2005), ‘Large-Scale Deployment of Renewables for Electricity Generation’, Oxford Review of Economic Policy, 21 (1), Spring, 88–110 43. Richard Green and Nicholas Vasilakos (2010), ‘Market Behaviour with Large Amounts of Intermittent Generation’, Energy Policy, Special Section: Large-Scale Wind Power in Electricity Markets, 38 (7), July, 3211–20 44. Roger Fouquet (2011), ‘The Sustainability of “Sustainable” Energy Use: Historical Evidence on the Relationship between Economic Growth and Renewable Energy’, in Ibon Galarraga, Mikel González-Eguino and Anil Markandya (eds), Handbook of Sustainable Energy, Part I, Chapter 1, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing, 1–12 Index

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Book SynopsisThe global crude oil market is critically important in many respects. It is the fuel that drives the global economy and, as such, is the focus of climate policies. Moreover, crude oil is the basis of a tradable financial asset. It is therefore connected to several outstanding macroeconomic developments of recent years, including financial market fluctuations, the financial crisis and the exceptional conduct of monetary policy. This book investigates the impacts of monetary policy and the financial system on the global crude oil market. Furthermore, it outlines how monetary policy may also be used to guarantee stability and to contribute to ecological sustainability. This unique and innovative book will appeal to students and economists interested in macroeconomics, the environment, energy and monetary policy. It will also be essential reading for policy makers and those interested in economic policy that will benefit both society and the environment.Trade Review'This book unveils how and why monetary policy decisions, notably by the US Federal Reserve, affect the crude oil market at the global level, impacting on oil prices as well as on oil production, thereby affecting financial stability and environmental conditions negatively. Basil Oberholzer puts forward an innovative policy mix that addresses both these issues through an oil-price targeting system combined with various market-based fiscal policy tools. This volume must be read by all policy makers around the world.' --Sergio Rossi, University of Fribourg, Switzerland'With this unique book, Basil Oberholzer takes us into a rarely explored field. Although oil is a natural resource for wealth production, the oil price and the oil market are largely influenced by financial speculation in the futures market. Basil Oberholzer sheds light on the links between monetary policy, speculation, oil prices, economic stability and ecological sustainability, notably thanks to ingenious stock-flow consistent modeling. The analysis is brilliant.' --Edwin Le Heron, University of Bordeaux, France'We all know now that monetary expansion impacts financial asset prices. Oberholzer comes up with an intriguing twist to this argument by claiming that expansionary monetary policy has a positive impact on oil prices because it induces speculative activity in the futures market of oil. To back this, the author offers an original stock-flow consistent model which combines the financial and the real sides of the economy, as well as the oil market, and he provides some interesting empirical evidence.' --Marc Lavoie, University of Ottawa, Canada, and University of Paris 13, FranceTable of ContentsContents: PART I FACTS AND THEORY OF MONETARY POLICY AND CRUDE OIL 1. The Crude Oil Market and its Driving Forces 2. Monetary Policy and Crude Oil: A Theoretical Analysis PART II MONETARY POLICY AND CRUDE OIL IN THE REAL WORLD 3. US Monetary Policy and the Global Crude Oil Market 4. Empirical Evidence: Monetary Policy Impacts on Oil Market Variables PART III ACHIEVING STABILITY AND SUSTAINABILITY: ECONOMIC POLICY MAKING 5. Economic Policy Propositions: An Overview 6. An Economically Stable Way Out of Fossil Energies Index

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Book SynopsisThe unprecedented advances in economic development witnessed over the past decades cannot continue if economic progress comes at the expense of the natural environment. The Sustainable Development Goals, agreed globally in 2015, define a vision of human development where economic, social and environmental domains interact to shape the prospects for future prosperity. This timely literature review highlights the contribution of economics to the study of sustainable development. It discusses some of the most influential articles on the topic by economists over the past fifty years. Environmental sustainability, an inherently interdisciplinary topic, is analysed from the perspectives of applied microeconomics, environmental and resource economics, ecological economics, development economics and public economics. Written by two subject experts, this research review is indispensable for anyone interested or working in the field.Trade Review‘The papers in this volume - many of them classics- portray economic activity, the state of the natural environment, and human wellbeing as being inextricably connected. As a collection, Sustainability Economics does more than establish where the field stands today. It also includes papers that mark the twists and turns that led researchers to this understanding. Atkinson and Fankhauser have curated an essential resource for anyone wanting to understand and to contribute to this literature.’ -- Scott Barrett, Columbia University, USTable of ContentsContents: Acknowledgements Introduction Giles Atkinson and Sam Fankhauser PART I MOTIVATION 1. Kenneth E. Boulding (1966), ‘The Economics of the Coming Spaceship Earth’, in Henry Jarrett (ed.), Environmental Quality In a Growing Economy, Chapter One, Baltimore, MD, USA and London, UK: Johns Hopkins Press, 3–14 2. Herman E. Daly (1974), ’The Economics of the Steady State’, American Economic Review: Papers and Proceedings, 64 (2), May, 15–21 3. David Pearce (1976), ‘The Limits of Cost-Benefit Analysis as a Guide to Environmental Policy’, Kyklos, 29 (1), January, 97–111 4. Gro Harlem Brundtland (1985), ‘World Commission on Environment and Development – Statements of the Chairman’, Environmental Policy and Law, 14 (1), March, 26–30 5. Mick Common and Charles Perrings (1992), ‘Towards an Ecological Economics of Sustainability’, Ecological Economics, 6 (1), July, 7–34 6. Robert U. Ayres (2008), ‘Sustainability Economics: Where Do We Stand?’, Ecological Economics, 67 (2), September, 281–310 PART II ECONOMIC DEFINITIONS OF SUSTAINABILITY 7. Partha Dasgupta and Geoffrey Heal (1974), ‘The Optimal Depletion of Exhaustible Resources’, Review of Economic Studies: Symposium on the Economics of Exhaustible Resources, 41 (5), December, 3–28 8. R. M. Solow (1974), ‘Intergenerational Equity and Exhaustible Resources’, Review of Economic Studies: Symposium on the Economics of Exhaustible Resources, 41 (5), December, 29–45 9. John M. Hartwick (1977), ‘Intergenerational Equity and the Investing of Rents from Exhaustible Resources’, American Economic Review, 67 (5), December, 972–74 10. Robert M. Solow (1986), ‘On the Intergenerational Allocation of Natural Resources’, Scandinavian Journal of Economics: Growth and Distribution: Intergenerational Problems, 88 (1), March, 141–49 11. John Pezzey (1992), ‘Sustainability: An Interdisciplinary Guide’, Environmental Values, 1 (4), Winter, 321–62 12. Partha Dasgupta and Karl-Göran Mäler (2000), ‘Net National Product, Wealth, and Social Well-Being’, Environment and Development Economics, 5 (1), February, 69–93 13. Kirk Hamilton and John M. Hartwick (2005), ‘Investing Exhaustible Resource Rents and the Path of Consumption’, Canadian Journal of Economics, 38 (2), May, 615–21 14. Kirk Hamilton and Cees Withagen (2007), ‘Savings Growth and the Path of Utility’, Canadian Journal of Economics, 40 (2), May, 703–13 PART III MEASURES OF SUSTAINABLE DEVELOPMENT A. Measures of Sustainability 15. Martin L. Weitzman (1976), ‘On the Welfare Significance of National Product in a Dynamic Economy’, Quarterly Journal of Economics, 90 (1), February, 156–62 16. John M. Hartwick (1990), ‘Natural Resources, National Accounting and Economic Depreciation’, Journal of Public Economics, 43 (3), December, 291–304 17. David W. Pearce and Giles D. Atkinson (1993), ‘Capital Theory and the Measurement of Sustainable Development: An Indicator of “Weak” Sustainability‘, Ecological Economics, 8 (2), October, 103–8 18. Kirk Hamilton and Michael Clemens (1999), ‘Genuine Savings Rates in Developing Countries’, World Bank Economic Review, 13 (2), May, 333–56 19. Kenneth J. Arrow, Partha Dasgupta, Lawrence H. Goulder, Kevin J. Mumford and Kirsten Oleson (2012), ‘Sustainability and the Measurement of Wealth’, Environment and Development Economics, 17 (3), June, 317–53 20. Elena G. Irwin, Sathya Gopalakrishnan and Alan Randall (2016), ‘Welfare, Wealth, and Sustainability’, Annual Review of Resource Economics, 8, October, 77–98 B. Natural Capital 21. Brian Walker, Leonie Pearson, Michael Harris, Karl-Göran Mäler, Chuan-Zhong Li, Reinette Biggs and Tim Baynes (2010), ‘Incorporating Resilience in the Assessment of Inclusive Wealth: An Example from South East Australia’, Environmental and Resource Economics, 45 (2), February, 183–202 22. James Boyd and Spencer Banzhaf (2007), ‘What Are Ecosystem Services? The Need for Standardized Environmental Accounting Units’, Ecological Economics, 63 (2–3), August, 616–26 23. Ian J. Bateman, Georgina M. Mace, Carlo Fezzi, Giles Atkinson and Kerry Turner (2011), ‘Economic Analysis for Ecosystem Service Assessments’, Environmental and Resource Economics, 48 (2), February, 177–218 24. Brendan Fisher, R. Kerry Turner and Paul Morling (2009), ‘Defining and Classifying Ecosystem Services for Decision Making’, Ecological Economics, 68 (3), January, 643–53 25. Eli P. Fenichel and Joshua K. Abbott (2014), ‘Natural Capital: From Metaphor to Measurement’, Journal of the Association of Environmental and Resource Economists, 1 (1–2), Spring–Summer, 1–27 26. Mathis Wackernagel, Larry Onisto, Patricia Bello, Alejandro Callejas Linares, Ina Susana López Falfán, Jesus Méndez García, Ana Isabel Suárez Guerrero and Ma. Guadalupe Suárez Guerrero (1999), ‘National Natural Capital Accounting with the Ecological Footprint Concept’, Ecological Economics, 29 (3), June, 375–90 PART IV SUSTAINABILITY AND PROJECT APPRAISAL A. Environmental Cost-Benefit Analysis 27. E. B. Barbier, A. Markandya and D. W. Pearce (1990), ‘Environmental Sustainability and Cost-Benefit Analysis’, Environment and Planning A, 22 (9), September, 1259–66 28. Giles Atkinson and Susana Mourato (2008), ‘Environmental Cost-Benefit Analysis’, Annual Review of Environment and Resources, 33, November, 317–44 29. Richard T. Carson (2012), ‘Contingent Valuation: A Practical Alternative when Prices Aren’t Available’, Journal of Economic Perspectives, 26 (4), Fall, 27–42 B. Intergenerational Equity and Discounting 30. Anil Markandya and David W. Pearce (1991), ‘Development, the Environment, and the Social Rate of Discount’, World Bank Research Observer, 6 (2), July, 137–52 31. Partha Dasgupta (2008), ‘Discounting Climate Change’, Journal of Risk and Uncertainty, 37 (2–3), December, 141–69 32. Nicholas Stern (2014), ‘Ethics, Equity and the Economics of Climate Change – Paper 2: Economics and Politics’, Economics and Philosophy, 30 (3), November, 445–501 C. Risk and Uncertainty 33. Robert S. Pindyck (2007), ‘Uncertainty in Environmental Economics’, Review of Environmental Economics and Policy, 1 (1), Winter, 45–65 34. Martin L. Weitzman (2009), ‘On Modeling and Interpreting the Economics of Catastrophic Climate Change’, Review of Economics and Statistics, XCI (1), February, 1–19 35. Geoffrey Heal and Antony Millner (2014), ‘Reflections: Uncertainty and Decision Making in Climate Change Economics’, Review of Environmental Economics and Policy, 8 (1), Winter, 120–37 PART V SUSTAINABILITY AND ECONOMIC GROWTH A. Environmental Drivers of Growth 36. John Luke Gallup, Jeffrey D. Sachs and Andrew D. Mellinger (1999), ‘Geography and Economic Development’, International Regional Science Review, 22 (2), August, 179–223, 225–232 37. Melissa Dell, Benjamin F. Jones and Benjamin A. Olken (2012), ‘Temperature Shocks and Economic Growth: Evidence from the Last Half Century’, American Economic Journal: Macroeconomics, 4 (3), July, 66–95 38. Jeffrey D. Sachs and Andrew M. Warner (2001), ‘The Curse of Natural Resources’, European Economic Review, 45 (4–6), May, 827–38 39. Christa N. Brunnschweiler and Erwin H. Bulte (2008), ‘The Resource Curse Revisited and Revised: A Tale of Paradoxes and Red Herrings’, Journal of Environmental Economics and Management, 55 (3), May, 248–64 B. Growth and Environmental Quality 40. David I. Stern (2004), ‘The Rise and Fall of the Environmental Kuznets Curve’, World Development, 32 (8), August, 1419–39 41. Joan Martínez-Alier, Unai Pascual, Franck-Dominique Vivien and Edwin Zaccai (2010), ‘Sustainable De-Growth: Mapping the Context, Criticisms and Future Prospects of an Emergent Paradigm’, Ecological Economics, 69 (9), July, 1741–47 42. Alex Bowen and Samuel Fankhauser (2011), ‘The Green Growth Narrative: Paradigm Shift or Just Spin?’, Global Environmental Change, 21 (4), October, 1157–59 43. Michael E. Porter and Claas van der Linde (1995), ‘Toward a New Conception of the Environment-Competitiveness Relationship’, Journal of Economic Perspectives, 9 (4), Fall, 97–118 Index

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Book SynopsisThe implementation of sustainable consumption presents one of the greatest challenges of our era. Consumption is a wanted and necessary phenomenon, integral to our society and economy, yet our way of consuming contradicts important ecological and social long-term goals. Although research on sustainable consumption has gained in importance and been addressed by various disciplines, this original new book is one of the few to compile and summarize the important research findings. Against this background, the Handbook of Research on Sustainable Consumption provides an interdisciplinary overview of recent research on the ecological and social obstacles we face through over consumption, drawing attention to the salience of the subject and stimulating discussion in this area. In 27 chapters, leading authorities in the field provide concise and accessible expertise, covering a wide range of approaches from psychology to economics. This collection will be a useful point of reference for students, researchers and policy makers seeking a wider understanding of the state-of-the-art of sustainable consumption research.Contributors: G. Antonides, C. Baatz, J.W. Bolderdijk, H. Chappells, M.A. Cohen, M.J. Cohen, H. Dagevos, W.J. Fellner, C.J. Fitzmaurice, M. Friman, T. Gärling, K. Gram-Hanssen, W. Gwozdz, D. Hauptstock, E. Heiskanen, P. Hennicke, E.G. Hertwich, S. Lorek, M.G. Luchs, E. Matthies, R.A. Miller, O. Mont, S. Nitzko, C.L. Noblet, K. Ott, K. Peattie, A. Rasche, L.A. Reisch, D. Roy, G. Scholl, J.B. Schor, S. Shewmake, C.L. Spash, A. Spiller, K. Steen-Olsen, L. Steg, P.C. Stern, C.R. Sunstein, M.F. Teisl, J. Thøgersen, F. Trentmann, A. Tukker, M.P. Vandenbergh, M. Vérain, P.J. Vergragt, B. Verplanken, L. Voget-Kleschin, H. Wallis, A. Warde, D. WelchTrade Review'The implementation of sustainable consumption presents one of the greatest challenges of our era. . . In 27 chapters, leading authorities of the field provide accessible expertise, covering a wide range of approaches from psychology to economics.' --Hans W. Micklitz, Journal of Consumer PolicyTable of ContentsContents: Research on Sustainable Consumption: Introduction and Overview Lucia A. Reisch and John Thøgersen Part I: RESEARCH IN SUSTAINABLE CONSUMPTION AS AN INTERDISCIPLINARY AND TRANSDISCIPLINARY APPROACH 1. Sustainable Consumption as a Systemic Challenge: Inter- and Transdisciplinary Research and Research Questions Sylvia Lorek and Philip J. Vergragt 2. Breaking the Stalemate of Sustainable Consumption with Industrial Ecology and a Circular Economy Oksana Mont and Eva Heiskanen Part II: MAJOR APPROACHES TO THE STUDY OF SUSTAINABLE CONSUMPTION 3. Sustainable Consumption in History: Ideas, Resources and Practices Heather Chappells and Frank Trentmann 4. Environmental Psychology and Sustainable Consumption Linda Steg 5. Theories of Practice and Sustainable Consumption Daniel Welch and Alan Warde 6. Sustainability Marketing Ken Peattie 7. Ethics and Sustainable Consumption Lieske Voget-Kleschin, Christian Baatz and Konrad Ott Part III: DIAGNOSTIC RESEARCH—METHODS AND MEASUREMENTS 8. Life Cycle Assessment as a Means to Identify the Most Effective Action for Sustainable Consumption Kjartan Steen-Olsen and Edgar G. Hertwich 9. Priorities for Sustainable Consumption Policies Arnold Tukker Part IV: TRANSPORT, HOUSING, FOOD AND PUBLIC HEALTH 10. Unsustainable Travel Becoming (More) Sustainable Tommy Gärling and Margareta Friman 11. Housing in a Sustainable Consumption Perspective Kirsten Gram-Hanssen 12. Peak Meat: The Role of Meat in Sustainable Consumption Achim Spiller and Sina Nitzko 13. Flexitarianism: A Range of Sustainable Food Styles Muriel Vérain, Hans Dagevos and Gerrit Antonides 14. Obesity, Sustainability and Public Health Wencke Gwozdz Part V: CROSS-CUTTING ISSUES 15. Consumer Habits and Sustainable Consumption Bas Verplanken and Deborah Roy 16. Consumer Responsibility for Sustainable Consumption Michael G. Luchs and Rebecca A. Miller 17. Family Socialization and Sustainable Consumption Ellen Matthies and Hannah Wallis Part VI: POLICIES FOR SUSTAINABLE CONSUMPTION 18. Carbon Triage: A Strategy for Developing a Viable Carbon Labelling System Sharon Shewmake, Mark A. Cohen, Paul C. Stern and Michael P. Vandenbergh 19. Eco-Labelling as Sustainable Consumption Policy Caroline L. Noblet and Mario F. Teisl 20. Behavioural Economics, Consumption and Environmental Protection Cass R. Sunstein 21. Promoting Sustainable Consumption: The Risks of Using Financial Incentives Jan Willem Bolderdijk and Linda Steg 22. Voluntary Standards as Enablers and Impediments to Sustainable Consumption Andreas Rasche 23. Step Across The Border–Knowledge Brokerage for Sustainable Consumption Gerd Scholl Part VII: FUTURE DIRECTIONS 24. Decoupling Resource Consumption and Economic Growth: Insights Into an Unsolved Global Challenge Peter Hennicke and Dorothea Hauptstock 25. The Role of Consumer Sovereignty in Sustaining the Market Economy Wolfgang J. Fellner and Clive L. Spash 26. Collaborating and Connecting: The Emergence of the Sharing Economy Juliet B. Schor and Connor J. Fitzmaurice 27. Toward a Post-Consumerist Future? Social Innovation in an Era of Fading Economic Growth Maurie J. Cohen Index

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Book SynopsisImproving the resilience of social systems is a goal increasingly adopted in our modern world. This unique and comprehensive Handbook focuses on the interdependencies of these social systems and the technologies that support them. It explores the ways in which the resilience of elements and social systems interact with each other to promote or undermine resilience for one or both, how these interactions manifest themselves through space and time, and how they can be shaped through active intervention.Original and multi-disciplinary contributions illustrate the nuances in the way resilience is interpreted through corresponding case studies and applications. The use of diverse tools, such as cost-effectiveness analysis, multi-criteria decision analysis, transition theory and network science provides readers with a balanced treatment of both theoretical issues surrounding resilience and applications to specific socio-technical systems. Case studies from across the globe are used to discuss the ways in which natural disasters, terror attacks, cyber attacks and infrastructure impact the resilience of these systems. Timely and innovative, this Handbook is an ideal resource for university think-tanks, researchers and advanced students exploring the resilience of both social and technical systems. Planners and policy-makers will also greatly benefit from the lessons drawn from contemporary case studies.Contributors include: D.L. Alderson, U. Bhatia, R. Biggs, C.R. Binder, R. Bowman, A. Cryan, N. Dormady, D. Fannon, K. Fischer, L. Fischer, A.R. Ganguly, B. Giese, S. Goessling-Reisemann, E. Gordon, H.-D. Hellige, B. Helmuth, S. Hiermaier, S. Lehnhoff, I. Linkov, K. Maciejewski, T. Malloy, S. Mirzaee, S. Mühlemeier, K. Poinsatte-Jones, A. Roa-Henriquez, J.C. Rocha, A. Rose, H. Rosoff, M. Ruth, A.J. Schaffer, B. Scharte, M. Schneider, S. Scyphers, J.C Stephens, P. Thier, B.D. Trump, A. von Gleich, M.E. Warner, D.D. Woods, R. WyssTrade Review'If you believe that resilience is the absence of vulnerability you should consult the new Handbook on Resilience of Socio-Technical Systems. The authors succeed in presenting excellent arguments and convincing evidence that resilience is an adoptive learning system that is not only able to cope with unpleasant surprises but can also grow as a result of such surprises. The book takes resilience to an alleviated stage of organizational performance: how to deal with uncertainty and ambiguity in a complex environment.' --Ortwin Renn, Institute for Advanced Sustainability Studies (IASS), Germany'Policy-makers, business leaders and everyday people are becoming increasingly disorientated as turbulence and its consequences become more disruptive and destructive to the global community. They are in desperate need of guide to help them gather their bearings and provide a path forward, which makes the Handbook on Resilience of Socio-Technical Systems an especially important and timely contribution. This interdisciplinary compendium brings together a diverse group of top researchers to share their latest findings and insights. The reader of this volume will come away with a deep understanding of what it will take to thrive in the face of the array of stressors and shocks that lie before us.' --Stephen E. Flynn, Northeastern University, USTable of ContentsContents: Part I: Background and Foundations 1. Introduction to Resilience of Socio-technical Systems Matthias Ruth and Stefan Goessling-Reisemann 2. Towards a Responsible Resilience Axel Schaffer and Martin Schneider 3. The Metaphorical Processes in the History of the Resilience Notion and the Rise of the Ecosystem Resilience Theory Hans Dieter Hellige 4. Essentials of Resilience, Revisited David D. Woods 5. Overcoming Barriers to Greater Scientific Understanding of Critical Infrastructure Resilience David L. Alderson 6. Resilient Systems as a Biomimetic Guiding Concept Arnim von Gleich and Bernd Giese 7. From Probabilistic Risk Analysis to Resilience with Network Science: Lessons from the Literature and Best Practice Mary Warner, Udit Bhatia and Auroop Ganguly 8. On the Difference between Risk Management and Resilience Management for Critical Infrastructures Stefan Goessling-Reisemann and Pablo Thier 9. Resilience and Risk Governance: Current Discussion and Future Action Benjamin D. Trump, Kelsey Poinsatte-Jones, Timothy Malloy and Igor Linkov 10. Resilience Engineering – Chances and Challenges for a Comprehensive Concept Stefan Hiermaier, Benjamin Scharte, and Kai Fischer PART II: Analyses and Applications 11. Analyzing the Resilience of a Transition: An Indicator-based Approach for Socio-technical Systems Claudia R. Binder, Susan Mühlemeier and Romano Wyss 12. Leveraging Government Resiliency Assessments and Related Reports: Identifying and Redressing Recurring Gaps and Systemic Barriers through Content Analysis and Cross-Case Synthesis Russell Bowman 13. A Survey Approach to Measuring the Cost-Effectiveness of Economic Resilience to Disasters Noah Dormady, Adam Rose, Heather Rosoff and Alfredo Roa-Henriquez 14. Ecological Design for Urban Coastal Resilience Ashley Cryan, Brian Helmuth and Steven Scyphers 15. Regime Shifts in Social-Ecological Systems Kristi Maciejewski, Reinette, Biggs and Juan.C. Rocha 16. The reception of the resilience concept in the energy discourse, and genesis of the theory of resilient energy system design Hans Dieter Hellige 17. IT-Security for Functional Resilience in Energy Systems: Effect-centric IT-Security Lars Fischer and Sebastian Lehnhoff 18. Assessing Resilience in Energy System Change through an Energy Democracy Lens Jennie C. Stephens 19. Reconciling Diverse Perspectives of Decision Makers on Resilience and Sustainability Sahar Mirzaee, Matthias Ruth and David Fannon 20. Playable Problems: Game-Design Thinking for Civic Problem Solving Eric Gordon Index

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Book SynopsisPaying the Carbon Price analyzes the practice of freely allocating permits in Emissions Trading Schemes (ETSs) and demonstrates how many heavy polluters participating in ETSs are not yet paying the full price of carbon. This innovative book provides a framework to assist policymakers in the design of transitional assistance measures that are both legally robust and will support the effectiveness of the ETSs whilst limiting negative impacts on international trade.Within the realm of international and comparative law, this book closes the gap between the legal frameworks of ETSs in practice, the economic research data and the doctrinal analysis of WTO law. These interesting insights and fresh ideas explore the connection between ETSs, the problems with free allocation of emission permits and the analysis of complex legal instruments.This accessible resource will be invaluable for those researching and teaching climate change law and policy, international trade law and environmental economics. It will also be a useful tool for policymakers, lawyers and economists.Trade Review'The Paris Agreement on climate change has made it clear that the attention of scholars and practitioners has to shift to the functioning and interaction of diverse climate policies. This excellent book addresses a stubborn issue that is critical for success: carbon leakage. The author very ably presents the theory and practice of carbon leakage for several climate policies while paying due attention to the legal realm, in particular WTO. This book is a must-have for both researchers and practitioners alike.' --Stefan Weishaar, Groningen University, the Netherlands'Dr. Elena de Lemos Pinto Aydos' comprehensive account of past and present emissions trading schemes suggests that free licenses to pollute in reality is a subsidy conferring windfall profits to a small number of energy-intensive companies. Her elaborate legal analysis convincingly shows that under the rules of the World Trade Organization carbon emission trading benefits will be deemed actionable and thus should require advance notification, as countervailing duties could be justified. With trade protectionism concerns looming in the background this is an extremely timely book to inform carbon market observers and policy makers.' --Mikael Skou Andersen, Aarhus University, Denmark'This book is an important contribution to understanding the relation between the oftentimes overestimated phenomenon of carbon leakage and the resulting, frequently unjustified, free allocation to heavy polluters. The volume excels in applying an interdisciplinary law-and-economics approach in a comprehensive analysis of three major carbon markets. It is a timely addition to the literature with obvious relevance beyond the cases; a "must read" for all scholars and practitioners interested in an efficient, effective, and fair climate policy.' --Sven Rudolph, Kyoto University, JapanTable of ContentsContents: 1. Contextualising the Issue 2. Carbon Leakage and Industry Assistance 3. Real World Emissions Trading Schemes: Challenges and Lessons Learnt 4. Reconsidering the Eligibility Thresholds for the Free Allocation of Permits 5. Free Allocation and Linking Emissions Trading Schemes: The Case for Harmonisation 6. The Free Allocation of Permits and The WTO Discipline of Subsidies 7. Summary of the Main Findings Bibliography Index

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Book SynopsisThe Handbook of Sustainable Innovation maps the multiple lineages of research and understanding that constitute academic work on how technological change relates to sustainable practices of production and consumption. Leading academics contribute by mapping the general evolution of this academic field, our understanding of sustainable innovation at the firm, user, and systems level, the governance of sustainable innovation, and the methodological approaches used. The Handbook explores the distinctiveness of sustainable innovation and concludes with suggestions for generating future research avenues that exploit the current diversity of work while seeking increased systemic insight. This unique and original book will have a broad appeal among scholars, researchers and advanced students interested in innovation, environmental studies and technological transitions.Trade Review'What is sustainable innovation? This comprehensive Handbook answers this question by outlining and organizing the scope and breadth of this academic field. It is an invaluable resource for both new scholars finding their way into the field and seasoned scholars taking stock of its work and contributions. And for society, the output of this research work will illuminate the critical role that technology development plays in our sustainability solutions.' --Andrew J. Hoffman, University of Michigan, USTable of ContentsContents: 1. An introduction: mapping the field(s) of sustainable innovation Frank Boons and Andrew McMeekin PART I VISIONS OF SUSTAINABLE INNOVATION 2. How does innovation sustain ‘sustainable innovation’? Benoît Godin and Gérald Gaglio 3. Innovation in the circular and the performance economy Walter R. Stahel PART II SUSTAINABLE INNOVATION AT THE FIRM LEVEL 4. Determinants of eco-innovation at the firm level Jens Horbach 5. Taxonomy and dimensions of eco-innovation from a resource-based perspective Javier Carrillo-Hermosilla, Christoph P. Kiefer and Pablo del Río 6. Strategies and drivers of sustainable business model innovation Florian Lüdeke-Freund, Stefan Schaltegger and Krzysztof Dembek 7. Sustainable innovation in business models: celebrated but not interrogated Oksana Mont, Katherine Whalen and Julia Nussholz PART III GOVERNANCE AND POLICY OF SUSTAINABLE INNOVATION 8. Reviewing responsible research and innovation: lessons for a sustainable innovation research agenda? Eefje Cuppen, Elisabeth van de Grift and Udo Pesch 9. Policy mixes for sustainable innovation: conceptual considerations and empirical insights Karoline S. Rogge 10. Firms, institutions and politics: the role of corporate political activity in sustainable innovation Jonatan Pinkse PART IV SUSTAINABLE INNOVATION AS SYSTEMS CHANGE 11. Technological innovation systems: a review of recent findings and suggestions for future research Anna Bergek 12. An institutional perspective on sustainability transitions Lea Fuenfschilling PART V USERS AND PRACTICES OF SUSTAINABLE INNOVATION 13. The role of users in sustainable innovation Geert Verbong, Bram Verhees and Anna Wieczorek 14. Sustainable innovation, consumption and everyday life Jo Mylan PART VI SITES AND DOMAINS OF SUSTAINABLE INNOVATION 15. Sustainable innovation as a challenge for urban governance Harald Rohracher and Michael Ornetzeder 16. Innovation and ecological impact: the case of automobility Peter Wells PART VII RESEARCH METHODS FOR SUSTAINABLE INNOVATION 17. Sustainable innovation research methods Floortje Alkemade 18. Advances in modelling sustainable innovation: from technology bias to system theories and behavioural dynamics Jonathan Köhler 19 The impact of circular economy Dionne Ewen, Karen Maas and Helen Toxopeus 20. Conclusion Frank Boons and Andrew McMeekin Index

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Book SynopsisTeaching Environmental and Natural Resource Economics is a significant contribution to the literature of economics education. Theory and practice, teaching activities and exercises, and pro teaching tips are clearly and expertly presented.The editors begin by presenting a bit of the historical thought on the study of environmental and natural resource economics. Once the editors establish context, they provide a full exploration of both paradigms and pedagogy. The paradigm section provides models for teaching the variety of courses offered at the university level. The chapters bridge the gap between environmental and natural resource economics textbooks and the classroom, with guidance for how to approach course topics. The pedagogy section is an excellent contribution to the teaching of environmental and natural resource economics, covering both particular topics and teaching methods.University instructors will find this guide to teaching environmental and natural resource economics invaluable in helping students gain a better understanding of the theory and practice of environmental and natural resource economics.Trade Review‘This book provides a treasure trove of different perspectives and tools that can enrich the teaching of an environmental and natural resource economics class. An especially valuable tool for those teaching this class for the first few times, and something I wish I had available when I was teaching the course.' -- John Loomis, Colorado State University, US‘This book is a must have for anyone teaching environmental and natural resource economics. In a dynamically evolving discipline, having a go-to source for teaching ideas and examples is invaluable. Packed with concrete examples and a variety of teaching methods (from classroom experiments to the use of policy briefs to computer modeling and more) there is something for everyone in this practical and constructive set of papers. Whether you are just starting out in the classroom or you are a seasoned professor, this volume offers a fresh set of experiences and wisdom from which we can draw.’ -- Lynne Lewis, Bates College, US‘In one jump the editors and authors have created an essential resource for those teaching environmental economics (and frankly one which teachers of general microeconomics could benefit from greatly). Replete with the sort of detail that never usually gets disseminated, this collection provides the nitty gritty of setting up an environmental economics course accompanied by a wealth of great suggestions for encouraging learning-by-doing, making this a volume which is exemplary in both its ambition and achievement.’ -- Ian J. Bateman, University of Exeter Business School, UKTable of ContentsContents: Preface John C. Bergstrom and John C. Whitehead 1 Reflections on the historical development of natural resource and environmental economics 1 John C. Bergstrom PART I PARADIGMS 2 Positive economics, economic efficiency, environmental economics and policy 22 Dave McEvoy 3 An applied welfare economics approach to teaching natural resource and environmental economics 44 John C. Bergstrom 4 An ecosystem services approach to natural resource and environmental economics 62 Robert J. Johnston 5 Incentives, institutions, and inequality: a pluralist approach to teaching environmental and natural resource economics 102 Kathleen Lawlor 6 Principles for teaching the principles of environmental and resource economics 130 Tim Haab PART II PEDAGOGY 7 Teaching environmental justice with data-driven projects 149 Amy Henderson 8 A small collection of pen-and-paper classroom experiments for teaching environmental economics classes 174 Stephan Kroll 9 Teaching environmental and natural resource economics with research projects 202 John C. Whitehead 10 Teaching natural resource economics using policy briefs: ethics in pedagogy and practice 228 Leah Mathews 11 Using technology to teach sustainability with applications to conservation biology and ecosystem service management 250 Shana M. McDermott 12 Teaching natural resource and environmental valuation techniques 268 Peter W. Schuhmann 13 Triangulated teaching: approaching environmental economics from multiple angles 284 David A. Anderson 14 Teaching the economics of environmental policy with applications to energy, air pollution and climate change 297 Jim Casey Index

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Book SynopsisElgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary. Evaluating achievements, challenges and future avenues for research, this book explores how new dimensions of knowledge and practice contest, reshape and advance traditional understandings of sustainable consumption governance. By questioning existing academic discourse and advocating collective solutions, up-and-coming and established scholars help readers to understand diverse governance processes through a wide variety of topics. These range from consumption impacts, the circular and sharing economy, sustainable business models, consumer behaviour and work time, to understanding the role of new actors such as prosumers and city governments. The research agenda supports transformative system changes to a more sustainable society. Policy makers at international, national and local levels will benefit from the practical advice offered and forward-thinking policy suggestions. It will also be a timely read for scholars of sustainability studies, sociology of consumption, political economy and political ecology, human geography, wellbeing, environment studies and human ecology looking to gain a more well-rounded understanding of the topic.Trade Review'How can we ensure a sustainable and just way of life for the Earth's inhabitants now and into the future? This important and authoritative collection pulls no punches when setting out the scale and complexity of the task ahead. Instead it rallies with optimism and hope around the grand challenge facing this generation. This book will energise, inspire and provoke in equal measures, and is a touchstone for researchers of the future.' --Gill Seyfang, University of East Anglia, UK'This book has a fresh and challenging conceptualization of sustainable consumption governance. Leading scholars provide a powerful framing of a highly needed research agenda; which is necessary to support urgently needed action to curb consumption and promote sustainable lifestyles and livelihoods. Systemic transformations and degrowing the throw-away economy are urgently needed; and books like this may help to frame a common approach.' --Philip J. Vergragt, Delft University of Technology, the Netherlands, and Founding Executive Board member, Sustainable Consumption Research and Action Initiative (SCORAI)Table of ContentsContents: Part I Introduction I. Towards a Research Agenda for Sustainable Consumption Governance Oksana Mont Part II Pre-conditions for sustainable consumption governance 2. Why only strong sustainable consumption governance will make a difference Sylvia Lorek and Doris Fuchs 3. Growth strategies and consumption patterns in transition: From Fordism to finance-driven capitalism Max Koch 4. Quantifying environmental impacts of consumption – Implications for governance Arnold Tukker 5. Challenges and research needs in evaluating the sustainability impacts of the sharing economy using input-output analysis Andrius Plepys and Jagdeep Singh Part III Alternative systems of provisioning and consuming 6. The role of business models for sustainable consumption: A pattern approach Florian Lüdeke-Freund, Tobias Froese and Stefan Schaltegger 7. An exploration of the significance of prosumption for sustainable consumption and its implications for sustainable consumption governance Matthias Lehner 8. Putting the sharing economy into perspective Koen Frenken and Juliet Schor Part IV Policies and alternative governors of sustainable consumption 9. It is never too late to give up, or is it? Revisiting policies for sustainable consumption Carl Dalhammar 10. Editing out unsustainability from consumption: From information provision to nudging and social practice theory Eva Heiskanen and Senja Laakso 11. The role of local governments in governing sustainable consumption and sharing cities Jenny Palm, Nora Smedby and Kes McCormick 12. From worktime reduction to a post-work future: Implications for sustainable consumption governance Maurie J. Cohen Index

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Book SynopsisThis topical and engaging Handbook brings together cutting edge research on the relationship between happiness and the natural environment. With interdisciplinary contributions from top scholars, it explores the role of happiness research as a new approach to environmental social science, illustrating the critical links between human wellbeing, happiness and the environment. Addressing key environmental issues that impact happiness, the book examines: climate change and extreme weather events, air pollution, noise, odour, access to green space, and the importance of green lifestyles. This wide range of environmental concerns is analysed through the lens of differing cultural backgrounds, exploring the importance of different forms of human interaction with the environment globally, as well as its effects. Environmental economics and sociology scholars will find the key case studies discussed particularly useful in assessing different cultural, political and regional approaches to the topic. It will also be an interesting read for policy-makers looking to better understand how the environment affects human happiness and wellbeing. Contributors include: M. Ahmadiani, M. Berlemann, F. Brereton, L. Bruni, X. Chen, C.A. Coral-Guerrero, S. Ferreira, H. Folmer, B.S. Frey, D. Fujiwara, F. García-Quero, I. Gramatki, J. Guardiola, P. Howley, B.A. Jones, K. Kagohashi, S. Kant, K. Keohane, C. Krekel, K. Laffan, R. Lawton, A. Levinson, G. MacKerron, D. Maddison, S. Managi, M. Moro, S. Mourato, A. Oswald, J. Regner, K. Rehdanz, H. Ren, T. Ruckelshauß, J. Tang, T. Tsurumi, J. Tutt, R. Veenhoven, I. Vertinsky, H. Welsch, X. Zhang, X. Zhang, B. ZhengTrade Review'This exciting Handbook brings together leading authors investigating the state-of-the-art in behaviour economics, when they are concerned with SWB, when SWB is modelled as an explicit function of environmental goods and services. This Handbook is one of the most efficient pathways towards the understanding of the underpinnings and contribution of ''Happiness Economics'' in understanding the ''socio-economic value'' of Environmental and Resources Economics, and identification of the challenges that lie ahead.' --Phoebe Koundouri, Athens University of Economics and Business, and President-Elect, European Association of Environmental and Resource Economists, Greece'A complete analysis of well-being has to address both its individual and contextual determinants. This volume brings together a much-needed collection of contributions addressing many aspects of climate and the environment. Together they will help researchers to move to a truly global measure of individual, societal and indeed global well-being.' --Andrew Clark, Paris School of Economics, France'The Handbook on Wellbeing, Happiness and the Environment is an intriguing collection of papers that discuss and utilize measurements of household happiness. Happiness is not closely correlated with income across countries, but happiness is associated with better environments that have more green space, less pollution, less noise, and Mediterranean climates.' --Robert Mendelsohn, Yale University, USTable of ContentsContents: Foreword by Andrew Oswald ix Introduction to the Handbook on Wellbeing, Happiness and the Environment 1 David Maddison, Katrin Rehdanz and Heinz Welsch PART I SOCIAL SCIENCES, HAPPINESS AND THE ENVIRONMENT 1 Economics, wellbeing and happiness: a historical perspective 13 Luigino Bruni 2 World Database of Happiness: a ‘findings archive’ 25 Ruut Veenhoven 3 Spatial variation in life satisfaction: a happiness puzzle 46 Mona Ahmadiani, Finbarr Brereton, Susana Ferreira and Mirko Moro 4 Happiness and environmental economics 71 Heinz Welsch 5 Subjective wellbeing as valuation system of environmental quality: an environmental social sciences approach 85 Jianjun Tang, Honghao Ren and Henk Folmer PART II CASE STUDIES ON HAPPINESS AND THE ENVIRONMENT 6 Cross-country variations in subjective wellbeing explained by the climate 105 David Maddison and Katrin Rehdanz 7 Natural disasters and self-reported wellbeing: empirical evidence for rainfall extremes in the United Kingdom 127 Michael Berlemann, Judith Regner and Jascha Tutt 8 Happiness and forest-attacking invasive alien species 144 Benjamin A. Jones 9 Happiness and air pollution 164 Arik Levinson 10 The effects of exposure to air pollution on subjective wellbeing in China 183 Xin Zhang, Xi Chen and Xiaobo Zhang 11 Noise and subjective wellbeing 201 Daniel Fujiwara and Ricky N. Lawton 12 Measuring the wellbeing and health impacts of sewage odour 225 Daniel Fujiwara, Iulian Gramatki and Kieran Keohane 13 The effect of green areas on life satisfaction: a comparison of subjective and objective measures 245 Teresa Ruckelshau. 14 Mappiness: natural environments and in-the-moment happiness 266 George MacKerron and Susana Mourato 15 Legacy effects and individual heterogeneity in the relationship between health and wellbeing 283 Peter Howley 16 Valuing energy infrastructure externalities using wellbeing and hedonic price data: the case of wind turbines 297 Christian Krekel 17 Happiness and energy supply 318 Heinz Welsch 18 Green with satisfaction: the relationship between pro-environmental behaviours and subjective wellbeing 329 Kate Laffan 19 Happiness and green lifestyle 349 Heinz Welsch 20 How environmental ethics affect the consumption–wellbeing relationship: evidence from Japan 367 Tetsuya Tsurumi, Kazuki Kagohashi and Shunsuke Managi 21 An empirical assessment of the indigenous Sumak Kawsay (living well): the importance of nature and relationships 385 Carmen Amelia Coral-Guerrero, Jorge Guardiola and Fernando Garc.a-Quero 22 Mother Earth and household welfare functions of First Nations peoples of Canada 399 Shashi Kant, Ilan Vertinsky and Bin Zheng PART III CONCLUSION 23 Happiness in retrospect and prospect 422 Bruno S. Frey Index 431

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Book SynopsisManaging climate change requires action on both its causes (reducing emissions) and its consequences (adapting to impacts that can no longer be avoided). Human societies can thrive in many climatic conditions. However, such adaptation is not necessarily smooth, and it cannot be taken for granted. This review synthesises the contribution of economics to the study and practice of climate resilience and adaptation, identifying some of the most influential articles by economists on climate change adaptation since the topic became a subject of academic interest.Table of ContentsContents: Introduction Sam Fankhauser PART I THE STATE OF THE ART 1. Sam Fankhauser (2017), ‘Adaptation to Climate Change’, Annual Review of Resource Economics, 9, October, 209–30 2. Matthew E. Kahn (2016), ‘The Climate Change Adaptation Literature’, Review of Environmental Economics and Policy, 10 (1), Winter, 166–78 3. Robert Mendelsohn (2012), ‘The Economics of Adaptation to Climate Change in Developing Countries’, Climate Change Economics, 3 (2), August, 1250006-1–21 4. Melissa Dell, Benjamin F. Jones and Benjamin A. Olken (2014), ‘What Do We Learn from the Weather? The New Climate–Economy Literature’, Journal of Economic Literature, 52 (3), September, 740–98 5. Karen Fisher-Vanden, Ian Sue Wing, Elisa Lanzi and David Popp (2013), ‘Modeling Climate Change Feedbacks and Adaptation Responses: Recent Approaches and Shortcomings’, Climatic Change, 117 (3), April, 481–95 PART II THE ANALYSIS OF ADAPTATION BEHAVIOUR A Agriculture 6. Robert Mendelsohn, William D. Nordhaus and Daigee Shaw (1994), ‘The Impact of Global Warming on Agriculture: A Ricardian Analysis’, American Economic Review, 84 (4), September, 753–71 7. S. Niggol Seo and Robert Mendelsohn (2008), ‘An Analysis of Crop Choice: Adapting to Climate Change in South American Farms’, Ecological Economics, 67 (1), August, 109–16 8. Salvatore Di Falco, Marcella Veronesi and Mahmud Yesuf (2011), ‘Does Adaptation to Climate Change Provide Food Security? A Micro-Perspective from Ethiopia’, American Journal of Agricultural Economics, 93 (3), April, 829–46 9. Harounan Kazianga and Christopher Udry (2006), ‘Consumption Smoothing? Livestock, Insurance and Drought in Rural Burkina Faso’, Journal of Development Economics, 79 (2), April, 413–46 10. Marshall Burke and Kyle Emerick (2016), ‘Adaptation to Climate Change: Evidence from US Agriculture’, American Economic Journal: Economic Policy, 8 (3), August, 106–40 B Energy Use 11. Maximilian Auffhammer and Erin T. Mansur (2014), ‘Measuring Climatic Impacts on Energy Consumption: A Review of the Empirical Literature’, Energy Economics, 46, November, 522–30 12. Olivier Deschênes and Michael Greenstone (2011), ‘Climate Change, Mortality, and Adaptation: Evidence from Annual Fluctuations in Weather in the US’, American Economic Journal: Applied Economics, 3 (4), October, 152–85 13. David Rapson (2014), ‘Durable Goods and Long-Run Electricity Demand: Evidence from Air Conditioner Purchase Behavior’, Journal of Environmental Economics and Management, 68 (1), July, 141–60 14. Enrica De Cian, Elisa Lanzi and Roberto Roson (2013), ‘Seasonal Temperature Variations and Energy Demand: A Panel Cointegration Analysis for Climate Change Impact Assessment’, Climatic Change, 116 (3–4), February, 805–25 C Coastal Protection 15. S. Fankhauser (1995), ‘Protection versus Retreat: The Economic Costs of Sea-Level Rise’, Environment and Planning A, 27 (2), February, 299–319 16. Paul Kirshen, Kelly Knee and Matthias Ruth (2008), ‘Climate Change and Coastal Flooding in Metro Boston: Impacts and Adaptation Strategies’, Climatic Change, 90 (4), October, 453–73 17. Robert J. Nicholls, Natasha Marinova, Jason A. Lowe, Sally Brown, Pier Vellinga, Diogo de Gusmão, Jochen Hinkel and Richard S.J. Tol (2011), ‘Sea-Level Rise and its Possible Impacts Given a “Beyond 4°C World” in the Twenty-First Century’, Philosophical Transactions of the Royal Society A, 369 (1934), 13th January, 161–81 18. Luis Maria Abadie, Ibon Galarraga and Elisa Sainz de Murieta (2017), ‘Understanding Risks in the Light of Uncertainty: Low-Probability, High-Impact Coastal Events in Cities’, Environmental Research Letters, 12 (1), January, 1–7, Addendum 1–5 D Disaster Response 19. V. Kerry Smith, Jared C. Carbone, Jaren C. Pope, Daniel G. Hallstrom and Michael E. Darden (2006), ‘Adjusting to Natural Disasters’, Journal of Risk and Uncertainty, 33 (1–2), September, 37–54 20. Marcel Fafchamps and Susan Lund (2003), ‘Risk-Sharing Networks in Rural Philippines’, Journal of Development Economics, 71 (2), August, 261–87 21. Luca Marchiori, Jean-François Maystadt and Ingmar Schumacher (2012), ‘The Impact of Weather Anomalies on Migration in Sub- Saharan Africa’, Journal of Environmental Economics and Management, 63 (3), May, 355–74 22. 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, 102 (3), May, 238–44 23. Qing Miao and David Popp (2014), ‘Necessity as the Mother of Invention: Innovative Responses to Natural Disasters’, Journal of Environmental Economics and Management, 68 (2), September, 280–95 PART III ADAPTATION PLANNING A Adaptation Priorities 24. Samuel Fankhauser, Joel B. Smith and Richard S.J. Tol (1999), ‘Weathering Climate Change: Some Simple Rules to Guide Adaptation Decisions’, Ecological Economics, 30 (1), July, 67–78 25. H.-M. Füssel (2007), ‘Adaptation Planning for Climate Change: Concepts, Assessment Approaches, and Key Lessons’, Sustainability Science, 2 (2), October, 265–75 26. Shardul Agrawala, Francesco Bosello, Carlo Carraro, Kelly De Bruin, Enrica De Cian, Rob Dellink and Elisa Lanzi (2011), ‘Plan or React? Analysis of Adaptation Costs and Benefits Using Integrated Assessment Models’, Climate Change Economics, 2 (3), 175–208 27. Stéphane Hallegatte (2009), ‘Strategies to Adapt to an Uncertain Climate Change’, Global Environmental Change, 19 (2), May, 240–47 B Making Adaptation Decisions 28. Paul Watkiss, Alistair Hunt, William Blyth and Jillian Dyszynski (2015), ‘The Use of New Economic Decision Support Tools for Adaptation Assessment: A Review of Methods and Applications, Towards Guidance on Applicability’, Climatic Change, 132 (3), October, 401–16 29. Peter Linquiti and Nicholas Vonortas (2012), ‘The Value of Flexibility in Adapting to Climate Change: A Real Options Analysis of Investments in Coastal Defense’, Climate Change Economics, 3 (2), 1250008-1–33 30. Nicola Ranger, Tim Reeder and Jason Lowe (2013), ‘Addressing “Deep” Uncertainty over Long-Term Climate in Major Infrastructure Projects: Four Innovations of the Thames Estuary 2100 Project’, EURO Journal on Decision Processes, 1 (3–4), November, 233–62 31. Suraje Dessai and Mike Hulme (2007), ‘Assessing the Robustness of Adaptation Decisions to Climate Change Uncertainties: A Case Study on Water Resources Management in the East of England’, Global Environmental Change, 17 (1), February, 59–72 C Barriers to Adaptation 32. 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 33. Torsten Grothmann and Anthony Patt (2005), ‘Adaptive Capacity and Human Cognition: The Process of Individual Adaptation to Climate Change’, Global Environmental Change, 15 (3), October, 199–213 34. Russell S. Sobel and Peter T. Leeson (2006), ‘Government’s Response to Hurricane Katrina: A Public Choice Analysis’, Public Choice, 127 (1–2), April, 55–73 35. Peter T. Leeson and Russell S. Sobel (2008), ‘Weathering Corruption’, Journal of Law and Economics, 51 (4), November, 667–81 36. W. Neil Adger, Suraje Dessai, Marisa Goulden, Mike Hulme, Irene Lorenzoni, Donald R. Nelson, Lars Otto Naess, Johanna Wolf and Anita Wreford (2009), ‘Are There Social Limits to Adaptation to Climate Change?’, Climatic Change, 93 (3–4), April, 335–54 PART IV CLIMATE-RESILIENT DEVELOPMENT A Adaptation and Development 37. Paul Collier, Gordon Conway and Tony Venables (2008), ‘Climate Change and Africa’, Oxford Review of Economic Policy, 24 (2), July, 337–53 38. Thomas C. Schelling (1992), ‘Some Economics of Global Warming’, American Economic Review, 82 (1), March, 1–14 39. 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 40. Samuel Fankhauser and Thomas K.J. McDermott (2014), ‘Understanding the Adaptation Deficit: Why Are Poor Countries More Vulnerable to Climate Events than Rich Countries?’, Global Environmental Change, 27, July, 9–18 41. Robert W. Kates (2000), ‘Cautionary Tales: Adaptation and the Global Poor’, Climatic Change, 45 (1), April, 5–17 B Adaptation Finance 42. Samuel Fankhauser and David Pearce (2014), ‘Financing for Sustainable Development’, in Giles Atkinson, Simon Dietz, Eric Neumayer and Matthew Agarwala (eds), Handbook of Sustainable Development, 2nd edn, Chapter 28, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing, 446–59 43. Joel B. Smith, Thea Dickinson, Joseph D.B. Donahue, Ian Burton, Erik Haites, Richard J.T. Klein and Anand Patwardhan (2011), ‘Development and Climate Change Adaptation Funding: Coordination and Integration’, Climate Policy: International Financial Support to Address Climate Change, 11 (3), 987–1000 44. Sam Barrett (2013), ‘Local Level Climate Justice? Adaptation Finance and Vulnerability Reduction’, Global Environmental Change, 23 (6), December, 1819–29 45. Seraina Buob and Gunter Stephan (2013), ‘On the Incentive Compatibility of Funding Adaptation’, Climate Change Economics, 4 (2), September, 1350005-1–18 46. Karen Pittel and Dirk Rübbelke (2013), ‘International Climate Finance and Its Influence on Fairness and Policy’, World Economy, 36 (4), April, 419–36 Index

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Book SynopsisThis comprehensive guide provides readers with strategies for teaching Environmental Impact Assessment (EIA) in all its forms, whether through formal university programmes or in the form of short courses offered to professionals and practitioners. Featuring contributions from 39 university teachers and short course trainers, the centerpiece of the book is the suite of 37 recipes for teaching different aspects of EIA. This internationally relevant resource collectively embodies and applies the best practice principles for teaching EIA, developed through a two-year research project with input from a diverse group of international experts. It provides practical and innovative learning activities with complete instructions for successful delivery, and thus represents a truly comprehensive and up-to-date contribution to the field. This latest contribution to our Elgar Guides to Teaching series serves as both a basis for reflection upon curricula and teaching practices, and as a source of inspiration for learning activities that can be adopted and adapted for different contexts by EIA teachers and trainers. It will be a valuable resource to help both new and seasoned EIA educators expand their toolbox in order to teach EIA more effectively.Trade Review‘The authors set out to provide comprehensive coverage of theory of EIA teaching and a practical resource for teachers and trainers. I think they have achieved both. Definitely something for those involved in EIA teaching or training to have on their bookshelf.’ -- Samuel J Hayes, Impact Assessment and Project Appraisal'A comprehensive resource for EIA training that bridges the scholar-practitioner model. Morrison-Saunders and Pope establish sound principles for EIA teaching and present a rich collection of hands-on teaching and learning activities drawn from leading EIA educators and trainers from across the globe. This one-of-a-kind resource is an essential toolkit for those engaged in the teaching and learning of EIA - both inside and outside academia.' -- Bram Noble, University of Saskatchewan, Canada'This is a pioneering publication on teaching EIA. It provides a most valuable resource to help those teaching university students or training practitioners to expand their toolbox to contribute more effectively. In addition to the core expertise of the authors, it builds on a wealth of contributions from EIA teachers from around the world with a focus on international best practice. A particular strength is the compendium of 37 teaching recipes; these provide a wonderful cookbook of clearly structured short examples and instructions for teaching activities that can be adapted to fit different teaching contexts worldwide.' -- John Glasson, Oxford Brookes University, UK'More than a teaching manual, this book summarises what EIA teachers around the world have learned. Angus Morrison-Saunders and Jenny Pope structured guidance on What to teach, How to teach and Key learning outcomes around a set of teaching ''principles'' and seasoned them with a menu of recipes. People teaching EIA in 17 countries - from young lecturers to retired professors and including me- contributed their ''recipes'' and shared their experience on engaging with students, fostering critical thinking, and ultimately using impact assessment as a tool towards a more sustainable future.' -- Luis E. Sánchez, University of São Paulo, BrazilTable of ContentsContents: Preface PART I OVERVIEW AND CONTEXT 1. Introduction: setting the scene PART II ABOUT EIA TEACHING 2. Generic EIA process and curriculum 3. Developing EIA teaching principles 4. EIA teaching principles: content 5. EIA teaching principles: pedagogy 6. EIA teaching principles: skills PART III EIA TEACHING RECIPES 7. EIA process recipes 8. Principles-focused recipes 9. Teaching EIA online 10. Epilogue References Index

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Book SynopsisEconomics of the Environment, Seventh Edition is a compendium of the best, most timely articles by a dream team of environmental economists, together with an original introductory chapter by the editor.Now in its seventh edition, Economics of the Environment serves as a valuable supplement to environmental economics text books and as a stand-alone reference book of key, up-to-date readings from the field. Edited by Robert N. Stavins, the book covers the core areas of environmental economics courses as taught around the world; and the included authors are the top scholars in the field. Overall, more than half of the chapters are new to this edition while the rest have remained seminal works. This text will prove invaluable to undergraduates and graduates studying environmental economics, environmental policy, and climate change policy. Economics of the Environment will also be a vital resource to practitioners in government, private industry, and advocacy groups and other NGOs working on environmental policy.Contributors include: J. Aldy, D. Bodansky, S. Borenstein, T.A. Cameron, R. Carson, T. Covert, M. Cropper, A. Dechezlepretre, G. Eads, K. Fisher-Vanden, M. Freeman, D. Fullerton, S. Gaines, T. Gayer, T. Gerardon, M. Greenstone, C. Gollier, L. Goulder, B. Groom, R. Hahn, J. Hausman, G. Heal, S. Hoedl, K. Jack, C. Kling, C. Knittel, A. KrupnickIan Parry, E. Maskin, G. Metcalf, R. Newell, R. Noll, W. Nordhaus, S. Olmstead, D. Phaneuf, R. Pindyck, W. Pizer, P. Portney, D. Raimi, F. Reinhardt, L. Reisch, M. Russell, M. Sandel, M. Sato, R. Schmalensee, S. Shavell, J. Shogren, K. Smith, N. Stern, T. Sterner, C. Sunstein, C. Taylor, L. Taylor, R. Tol, K. Viscusi, M. Weitzman, J. ZhaoTable of ContentsContents: Acknowledgements Introduction Robert N. Stavins PART I OVERVIEW AND PRINCIPLES 1. Don Fullerton and Robert Stavins (1998), ‘How economists see the environment’, Nature, 395, October, 433–4 2. R. H. Coase (1960), ‘The problem of social cost’, Journal of Law and Economics, 3, October, 1–44 PART II THE COSTS AND BENEFITS OF ENVIRONMENTAL PROTECTION 3. Antoine Dechezleprêtre and Misato Sato (2017), ‘The impacts of environmental regulations on competitiveness’, Review of Environmental Economics and Policy, 11 (2), July, 183–206 4. Trudy Ann Cameron (2010), ‘Euthanizing the value of a statistical life’, Review of Environmental Economics and Policy, 4 (2), July, 161–78 5. Richard T. Carson (2012), ‘Contingent valuation: a practical alternative when prices aren’t available’, Journal of Economic Perspectives, 26 (4), Fall, 27–42 6. Catherine L. Kling, Daniel J. Phaneuf and Jinhua Zhao (2012), ‘From Exxon to BP: has some number become better than no number?’, Journal of Economic Perspectives, 26 (4), Fall, 3–26 7. Jerry Hausman (2012), ‘Contingent valuation: from dubious to hopeless’, Journal of Economic Perspectives, 26 (4), Fall, 43–56 PART III THE GOALS OF ENVIRONMENTAL POLICY: ECONOMIC EFFICIENCY AND BENEFIT–COST ANALYSIS 8. Kenneth J. Arrow, Maureen L. Cropper, George C. Eads, Robert W. Hahn, Lester B. Lave, Roger G. Noll, Paul R. Portney, Milton Russell, Richard Schmalensee, V. Kerry Smith and Robert N. Stavins (1996), ‘Is there a role for benefit-cost analysis in environmental, health, and safety regulation?’ Science, 272 (5259), April, 221–2 9. Lawrence H. Goulder and Robert N. Stavins (2002), ‘An eye on the future’, Nature, 419, October, 673–4 10. K. Arrow, M. Cropper, C. Gollier, B. Groom, G. Heal, R. Newell, W. Nordhaus, R. Pindyck, W. Pizer, P. Portney, T. Sterner, R. S. J. Tol and M. Weitzman (2013), ‘Determining benefits and costs for future generations’, Science, 341 (6144), July, 349–50 11. Ted Gayer and W. Kip Viscusi (2016), ‘Resisting abuses of benefit–cost analysis’, National Affairs, 35, Spring, 59–71 PART IV THE MEANS OF ENVIRONMENTAL POLICY: COST EFFECTIVENESS AND MARKET-BASED INSTRUMENTS 12. Richard Schmalensee and Robert N. Stavins (2017), ‘Lessons learned from three decades of experience with cap and trade’, Review of Environmental Economics and Policy, 11 (1), Winter, 59–79 13. Richard Schmalensee and Robert N. Stavins (2013), ‘The SO2 allowance trading system: the ironic history of a grand policy experiment’, Journal of Economic Perspectives, 27 (1), Winter, 103–22 14. Karen Fisher-Vanden and Sheila Olmstead (2013), ‘Moving pollution trading from air to water: potential, problems, and prognosis’, Journal of Economic Perspectives, 27 (1), Winter, 147–72 PART V ECONOMICS OF NATURAL RESOURCES 15. Robert M. Solow (1974), ‘The economics of resources or the resources of economics’, American Economic Review, 64 (2), May, 1–14 16. Thomas Covert, Michael Greenstone and Christopher R. Knittel (2016), ‘Will we ever stop using fossil fuels?’, Journal of Economic Perspectives, 30 (1), Winter, 117–38 17. Sheila M. Olmstead (2010), ‘The economics of managing scarce water resources’, Review of Environmental Economics and Policy, 4 (2), Summer, 179–98 18. Severin Borenstein (2012), ‘The private and public economics of renewable electricity generation’, Journal of Economic Perspectives, 26 (1), Winter, 67–92 PART VI GLOBAL CLIMATE CHANGE 19. Joseph E. Aldy, Alan J. Krupnick, Richard G. Newell, Ian W. H. Parry and William A. Pizer (2010), ‘Designing climate mitigation policy’, Journal of Economic Literature, 48 (4), December, 903–34 20. William Nordhaus (2007), ‘Critical assumptions in the Stern Review on climate change’, Science, 317 (5835), July, 201–2 21. Nicholas Stern and Chris Taylor (2007), ‘Climate change: risk, ethics, and the Stern Review’, Science, 317 (5835), July, 203–4 22. Richard G. Newell, William A. Pizer and Daniel Raimi (2013), ‘Carbon markets 15 years after Kyoto: lessons learned, new challenges’, Journal of Economic Perspectives, 27 (1), Winter, 123–46 23. Daniel M. Bodansky, Seth A. Hoedl, Gilbert E. Metcalf and Robert N. Stavins (2016), ‘Facilitating linkage of climate policies through the Paris outcome’, Climate Policy, 16 (8), 956–72 24. Richard S. J. Tol (2018), ‘The economic impacts of climate change’, Review of Environmental Economics and Policy, 12 (1), Winter, 4–25 PART VII SUSTAINABILITY, THE COMMONS, AND GLOBALIZATION 25. Robert M. Solow (1992), ‘Sustainability: an economist’s perspective’,National Geographic: Research and Exploration, 8, 10–21 26. Elinor Ostrom (2009), ‘A general framework for analyzing sustainability of social-ecological systems’, Science, 325 (5939), July, 419–22 27. Robert N. Stavins (2011), ‘The problem of the commons: still unsettled after 100 years’, American Economic Review, 101 (1), February, 81–108 28. Forest L. Reinhardt, Robert N. Stavins and Richard H. K. Vietor (2008), ‘Corporate social responsibility through an economic lens’, Review of Environmental Economics and Policy, 2 (2), Summer, 219–39 29. Michael Greenstone and B. Kelsey Jack (2018), ‘Environmental economics in developing countries: an emerging field’ PART VIII BEHAVIORAL ECONOMICS AND THE ENVIRONMENT 30. Jason F. Shogren and Laura O. Taylor (2008), ‘On behavioral-environmental economics’, Review of Environmental Economics and Policy, 2 (1), Winter, 26–44 31. Cass R. Sunstein and Lucia A. Reisch (2014), ‘Automatically green: behavioural economics and environmental protection’, Harvard Environmental Law Review, 38 (1), 127–58 32. Todd D. Gerarden, Richard G. Newell and Robert N. Stavins (2017), ‘Assessing the energy-efficiency gap’, Journal of Economic Literature, 55 (4), December, 1486–525 PART IX ECONOMICS AND ENVIRONMENTAL POLICY MAKING 33. A. Myrick Freeman III (2002), ‘Environmental policy since Earth Day I: what have we gained?’, Journal of Economic Perspectives, 16 (1), Winter, 125–46 34. Robert W. Hahn (2000), ‘The impact of economics on environmental policy’, Journal of Environmental Economics and Management, 39 (3), May, 375–99 Index

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Book SynopsisEconomics of the Environment, Seventh Edition is a compendium of the best, most timely articles by a dream team of environmental economists, together with an original introductory chapter by the editor.Now in its seventh edition, Economics of the Environment serves as a valuable supplement to environmental economics text books and as a stand-alone reference book of key, up-to-date readings from the field. Edited by Robert N. Stavins, the book covers the core areas of environmental economics courses as taught around the world; and the included authors are the top scholars in the field. Overall, more than half of the chapters are new to this edition while the rest have remained seminal works. This text will prove invaluable to undergraduates and graduates studying environmental economics, environmental policy, and climate change policy. Economics of the Environment will also be a vital resource to practitioners in government, private industry, and advocacy groups and other NGOs working on environmental policy.Contributors include: J. Aldy, D. Bodansky, S. Borenstein, T.A. Cameron, R. Carson, T. Covert, M. Cropper, A. Dechezlepretre, G. Eads, K. Fisher-Vanden, M. Freeman, D. Fullerton, S. Gaines, T. Gayer, T. Gerardon, M. Greenstone, C. Gollier, L. Goulder, B. Groom, R. Hahn, J. Hausman, G. Heal, S. Hoedl, K. Jack, C. Kling, C. Knittel, A. KrupnickIan Parry, E. Maskin, G. Metcalf, R. Newell, R. Noll, W. Nordhaus, S. Olmstead, D. Phaneuf, R. Pindyck, W. Pizer, P. Portney, D. Raimi, F. Reinhardt, L. Reisch, M. Russell, M. Sandel, M. Sato, R. Schmalensee, S. Shavell, J. Shogren, K. Smith, N. Stern, T. Sterner, C. Sunstein, C. Taylor, L. Taylor, R. Tol, K. Viscusi, M. Weitzman, J. ZhaoTable of ContentsContents: Acknowledgements Introduction Robert N. Stavins PART I OVERVIEW AND PRINCIPLES 1. Don Fullerton and Robert Stavins (1998), ‘How economists see the environment’, Nature, 395, October, 433–4 2. R. H. Coase (1960), ‘The problem of social cost’, Journal of Law and Economics, 3, October, 1–44 PART II THE COSTS AND BENEFITS OF ENVIRONMENTAL PROTECTION 3. Antoine Dechezleprêtre and Misato Sato (2017), ‘The impacts of environmental regulations on competitiveness’, Review of Environmental Economics and Policy, 11 (2), July, 183–206 4. Trudy Ann Cameron (2010), ‘Euthanizing the value of a statistical life’, Review of Environmental Economics and Policy, 4 (2), July, 161–78 5. Richard T. Carson (2012), ‘Contingent valuation: a practical alternative when prices aren’t available’, Journal of Economic Perspectives, 26 (4), Fall, 27–42 6. Catherine L. Kling, Daniel J. Phaneuf and Jinhua Zhao (2012), ‘From Exxon to BP: has some number become better than no number?’, Journal of Economic Perspectives, 26 (4), Fall, 3–26 7. Jerry Hausman (2012), ‘Contingent valuation: from dubious to hopeless’, Journal of Economic Perspectives, 26 (4), Fall, 43–56 PART III THE GOALS OF ENVIRONMENTAL POLICY: ECONOMIC EFFICIENCY AND BENEFIT–COST ANALYSIS 8. Kenneth J. Arrow, Maureen L. Cropper, George C. Eads, Robert W. Hahn, Lester B. Lave, Roger G. Noll, Paul R. Portney, Milton Russell, Richard Schmalensee, V. Kerry Smith and Robert N. Stavins (1996), ‘Is there a role for benefit-cost analysis in environmental, health, and safety regulation?’ Science, 272 (5259), April, 221–2 9. Lawrence H. Goulder and Robert N. Stavins (2002), ‘An eye on the future’, Nature, 419, October, 673–4 10. K. Arrow, M. Cropper, C. Gollier, B. Groom, G. Heal, R. Newell, W. Nordhaus, R. Pindyck, W. Pizer, P. Portney, T. Sterner, R. S. J. Tol and M. Weitzman (2013), ‘Determining benefits and costs for future generations’, Science, 341 (6144), July, 349–50 11. Ted Gayer and W. Kip Viscusi (2016), ‘Resisting abuses of benefit–cost analysis’, National Affairs, 35, Spring, 59–71 PART IV THE MEANS OF ENVIRONMENTAL POLICY: COST EFFECTIVENESS AND MARKET-BASED INSTRUMENTS 12. Richard Schmalensee and Robert N. Stavins (2017), ‘Lessons learned from three decades of experience with cap and trade’, Review of Environmental Economics and Policy, 11 (1), Winter, 59–79 13. Richard Schmalensee and Robert N. Stavins (2013), ‘The SO2 allowance trading system: the ironic history of a grand policy experiment’, Journal of Economic Perspectives, 27 (1), Winter, 103–22 14. Karen Fisher-Vanden and Sheila Olmstead (2013), ‘Moving pollution trading from air to water: potential, problems, and prognosis’, Journal of Economic Perspectives, 27 (1), Winter, 147–72 PART V ECONOMICS OF NATURAL RESOURCES 15. Robert M. Solow (1974), ‘The economics of resources or the resources of economics’, American Economic Review, 64 (2), May, 1–14 16. Thomas Covert, Michael Greenstone and Christopher R. Knittel (2016), ‘Will we ever stop using fossil fuels?’, Journal of Economic Perspectives, 30 (1), Winter, 117–38 17. Sheila M. Olmstead (2010), ‘The economics of managing scarce water resources’, Review of Environmental Economics and Policy, 4 (2), Summer, 179–98 18. Severin Borenstein (2012), ‘The private and public economics of renewable electricity generation’, Journal of Economic Perspectives, 26 (1), Winter, 67–92 PART VI GLOBAL CLIMATE CHANGE 19. Joseph E. Aldy, Alan J. Krupnick, Richard G. Newell, Ian W. H. Parry and William A. Pizer (2010), ‘Designing climate mitigation policy’, Journal of Economic Literature, 48 (4), December, 903–34 20. William Nordhaus (2007), ‘Critical assumptions in the Stern Review on climate change’, Science, 317 (5835), July, 201–2 21. Nicholas Stern and Chris Taylor (2007), ‘Climate change: risk, ethics, and the Stern Review’, Science, 317 (5835), July, 203–4 22. Richard G. Newell, William A. Pizer and Daniel Raimi (2013), ‘Carbon markets 15 years after Kyoto: lessons learned, new challenges’, Journal of Economic Perspectives, 27 (1), Winter, 123–46 23. Daniel M. Bodansky, Seth A. Hoedl, Gilbert E. Metcalf and Robert N. Stavins (2016), ‘Facilitating linkage of climate policies through the Paris outcome’, Climate Policy, 16 (8), 956–72 24. Richard S. J. Tol (2018), ‘The economic impacts of climate change’, Review of Environmental Economics and Policy, 12 (1), Winter, 4–25 PART VII SUSTAINABILITY, THE COMMONS, AND GLOBALIZATION 25. Robert M. Solow (1992), ‘Sustainability: an economist’s perspective’,National Geographic: Research and Exploration, 8, 10–21 26. Elinor Ostrom (2009), ‘A general framework for analyzing sustainability of social-ecological systems’, Science, 325 (5939), July, 419–22 27. Robert N. Stavins (2011), ‘The problem of the commons: still unsettled after 100 years’, American Economic Review, 101 (1), February, 81–108 28. Forest L. Reinhardt, Robert N. Stavins and Richard H. K. Vietor (2008), ‘Corporate social responsibility through an economic lens’, Review of Environmental Economics and Policy, 2 (2), Summer, 219–39 29. Michael Greenstone and B. Kelsey Jack (2018), ‘Environmental economics in developing countries: an emerging field’ PART VIII BEHAVIORAL ECONOMICS AND THE ENVIRONMENT 30. Jason F. Shogren and Laura O. Taylor (2008), ‘On behavioral-environmental economics’, Review of Environmental Economics and Policy, 2 (1), Winter, 26–44 31. Cass R. Sunstein and Lucia A. Reisch (2014), ‘Automatically green: behavioural economics and environmental protection’, Harvard Environmental Law Review, 38 (1), 127–58 32. Todd D. Gerarden, Richard G. Newell and Robert N. Stavins (2017), ‘Assessing the energy-efficiency gap’, Journal of Economic Literature, 55 (4), December, 1486–525 PART IX ECONOMICS AND ENVIRONMENTAL POLICY MAKING 33. A. Myrick Freeman III (2002), ‘Environmental policy since Earth Day I: what have we gained?’, Journal of Economic Perspectives, 16 (1), Winter, 125–46 34. Robert W. Hahn (2000), ‘The impact of economics on environmental policy’, Journal of Environmental Economics and Management, 39 (3), May, 375–99 Index

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Book SynopsisThis crucial Handbook investigates an urgent area for policy-makers, academia and industries alike: the circular economy. International experts on the subject bring together the latest thinking on this critical global issue.Providing a comprehensive overview of the mechanisms and consequences of the circular economy, as well as its limitations, it raises important questions concerning how the world should proceed when non-renewable resources, such as fossil fuels and minerals, are being depleted and the environment is struggling to cope with the waste and emissions of unsustainable production and consumption systems. Contributors explore a broad range of themes, such as new sustainable production and consumption systems, new design requirements, recycling systems, new business models and the social impacts of the circular economy, while also consolidating the many ways in which the topic has been dealt with in research, business and policy-making.Shedding light on a concept that has become increasingly relevant during the last decade, the Handbook of the Circular Economy is essential reading for students, academics and policy-makers trying to make sense of the plethora of ways in which the term has been applied and interpreted.Trade Review'In the present tsunami of new publications on the circular economy, this book sticks out through the broad analysis with regard to topics and regions covered by case studies. Let us hope that the book will motivate managers, policy-makers, educators, material scientists and economists to look at the present slowdown as a facilitator to change course towards a more sustainable and resilient society, towards a circular economy.' -- Walter R. Stahel, Product-Life Institute Geneva, Switzerland and University of Surrey, UKTable of ContentsContents: Foreword by Janez Potocnik and Julia Okatz xv 1 Introduction and overview 1 Miguel Brandão, David Lazarevic and Göran Finnveden PART I FUNDAMENTALS OF THE CIRCULAR ECONOMY 2 The circular economy: a strategy to reconcile economic and environmental objectives? 8 David Lazarevic and Miguel Brandão 3 The circular economy as a complex adaptive system 28 Jouni Korhonen 4 The role of design as a barrier to and enabler of the circular economy 39 Deborah Andrews 5 Industrial symbiosis networks: application of the circular economy for resource efficiency 50 Michael Martin 6 Product service systems: business models towards a circular economy 61 Sofia Lingegård 7 Consumers in the circular economy 74 Juana Camacho-Otero, Vivian S.C. Tunn, Lucy Chamberlin and Casper Boks PART II ASSESSING THE IMPACTS OF A CIRCULAR ECONOMY 8 Material flow analysis of recycling systems 89 Sarah Schmidt and David Laner 9 An element flow analysis approach to support the circular economy 99 Rajib Sinha, Rafael Laurenti, Jagdeep Singh and Björn M. Frostell 10 Modelling material recycling in life cycle assessment: how sensitive are results to the available methods? 116 Tomas Ekvall and Miguel Brandão 11 Environmental economic assessment of novel circular economy and bioeconomy technologies 137 Mikael Skou Andersen and Louise Martinsen 12 Integrated sustainability assessment of a circular economy 147 Kristian Skånberg, Anders Wijkman, Mårten Berglund, Göran Finnveden and Miguel Brandão 13 Sex, drugs and the circular economy: the social impacts of the circular economy and how to measure them 162 Kati Pitkänen, Tiina Kaisa Maria Karppinen, Petrus Kautto, Sara Turunen, Jachym Judl and Tuuli Myllymaa 14 Why and how actors and organizations need to be integrated into a systems-level monitoring for a sustainable circular economy 176 Dominik Wiedenhofer, Stefan Pauliuk, Andreas Mayer, Doris Virág and Willi Haas 15 Circular economy rebound 194 Jason Maier, Roland Geyer and Trevor Zink PART III GOVERNING THE CIRCULAR ECONOMY 16 Between a policy mix and a policy mess: policy instruments and instrumentation for the circular economy 207 Petrus Kautto and David Lazarevic 17 The missing link: regulating waste-based materials in the circular economy 224 Topi Turunen 18 Building ecologies of circular intermediaries 235 Jack Barrie and Wisdom Kanda 19 Transforming business models: towards a sufficiency-based circular economy 250 Nancy M.P. Bocken and Samuel W. Short 20 Putting circular ambitions into action: the case of Accus, a small Swedish sign company 266 Hervé Corvellec, Maira Babri and Herman I. Stål 21 From waste management to natural capital management in the circular economy 278 Graham Aid and David Lazarevic 22 Refurbishing the ‘circular economy’ concept in Russia: from industrial policy towards innovation by co-creation 293 Darya Gerasimenko, Ekaterina Markelova and Raisa Momot 23 The circular economy at the heart of French sustainable public policies: what are the consequences? 307 Nicolas Buclet 24 How Portugal is applying the circular challenge 315 Carlos Borrego, Sandra Rafael, Sílvia Coelho, Bruno Augusto, Afonso Silva, Johnny Reis, Ana Isabel Miranda and Myriam Lopes PART IV SECTORAL AND BUSINESS CASE STUDIES 25 What circular economy measures fit what kind of product? 327 Anne-Marie Tillman, Siri Willskytt, Daniel Böckin, Hampus André and Maria Ljunggren Söderman 26 Circular manufacturing systems 343 Amir Rashid, Malvina Roci and Farazee M.A. Asif 27 The circular nutrient economy: needs and potentials of nutrient recycling 358 Helena Valve, Petri Ekholm and Sari Luostarinen 28 Understanding forest-based value creation in a regional context 369 Antje Klitkou 29 Bioenergy in the circular economy 382 Annette Cowie 30 Do bioenergy, bioeconomy and circular economy systems mitigate climate change? Insights from life cycle assessment 396 Miguel Brandão 31 Straw wars – a consequential saga: the life cycle climate change consequences of replacing plastic with paper 410 Simon Hoge and Miguel Brandão 32 Circularity in the built environment: a call for a paradigm shift 425 Tove Malmqvist, Alice Moncaster, Freja Rasmussen and Harpa Birgisdóttir 33 Implementation of a circular economy at universities 439 Joan Manuel F. Mendoza, Alejandro Gallego-Schmid and Adisa Azapagic 34 A life cycle perspective on the environmental aspects of complex, emerging resource recovery systems: the case of bauxite residue 452 P. James Joyce and Anna Björklund 35 Urban mining: on the potential and multifaceted challenges of facilitating recycling of wire-based city infrastructure 465 Joakim Krook, Björn Wallsten, Niclas Svensson and Stefan Anderberg PART V PROSPECTS 36 Beyond the consumer: enlarging the role of the citizen in the circular economy 479 Kersty Hobson 37 Managing the transition to the circular economy 491 Patrizia Ghisellini and Sergio Ulgiati 38 Prospects for the circular economy and conclusions 505 Miguel Brandão, David Lazarevic and Göran Finnveden Index 515

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Book SynopsisEconomic issues arise in almost every water policy context. Water is of most concern when scarce, but physical scarcity is often overcome as human beings move water from place to place, sometimes creating monumental structures. The roles that cost and economic value play in water resource allocation are implicit, but often poorly understood. This second edition clarifies the role of economics and offers material that can be applied to water resource allocation problems around the world. Topics covered include: groundwater, floods and droughts, in situ uses of water, and institutions and law. New to the book is an exploration of water issues outside the United States as well as a new application of behavioral and experimental economics to the topic.A concise introduction to issues of water quality and quantity in both urban and agricultural settings, Water Resource Economics and Policy will be a valuable resource or text for students and researchers in the fields of agricultural economics, geography, law, and hydrology. Those involved in water resource agencies and private utilities will also find the book a useful reference.Acclaim for the first edition:'This textbook is written for first-year graduate students and senior level undergraduates in economics. ... Graduate students in geography, water resources, and environmental management should also be interested. The well-done helpful diagrams and charts are those expected for a textbook in economics at this level. In every chapter many interesting real-world examples illustrate the concept being discussed. Some chapters have easy-to-read case studies set off from the text. ... I plan on keeping this excellent book as a shelf reference and would willingly adopt it for a class in water resource economics.' - Donald E. Agthe, Journal of the American Water Resources Association'This is a much-needed book, which introduces the interested reader to the economics of water resource allocation, and analyzes relevant policy issues derived from all over the world. To the best of my knowledge, this is the first book which is focused on communicating the basic economic concepts that govern water resources allocation. ... The lively writing style of W. Douglass Shaw, which is enriched with excellent examples and case studies from various countries, makes this book an obvious choice for a textbook in relevant courses ... this excellent book should be a compulsory reading for all of us who work in the field of water resources management.' - Phoebe Koundouri, Ecological EconomicsTrade ReviewAcclaim for the first edition:‘This textbook is written for first-year graduate students and senior level undergraduates in economics. . . Graduate students in geography, water resources, and environmental management should also be interested. The well-done helpful diagrams and charts are those expected for a textbook in economics at this level. In every chapter many interesting real-world examples illustrate the concept being discussed. Some chapters have easy-to-read case studies set off from the text. . . I plan on keeping this excellent book as a shelf reference and would willingly adopt it for a class in water resource economics.’ -- Donald E. Agthe, Journal of the American Water Resources Association‘This is a much-needed book, which introduces the interested reader to the economics of water resource allocation, and analyzes relevant policy issues derived from all over the world. To the best of my knowledge, this is the first book which is focused on communicating the basic economic concepts that govern water resources allocation. . . The lively writing style of W. Douglass Shaw, which is enriched with excellent examples and case studies from various countries, makes this book an obvious choice for a textbook in relevant courses. . . this excellent book should be compulsory reading for all of us who work in the field of water resources management.’ -- Phoebe Koundouri, Ecological EconomicsTable of ContentsContents: Preface 1. Introduction to water resources, water law, and water resource economics 2. Review of basic microeconomics applied to water resources 3. Water quality issues 4. Water prices and rates for residential use 5. Water and agriculture 6. Uncertainty, risk, and water resources 7. Groundwater 8. In situ uses of water: recreational and environmental values 9. Floods, droughts, and the role of dams 10. Water issues outside the United States 11. Experimental and behavioral economics and water 12. Summary, conclusions, and suggestions for future research Index

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