Description
Book SynopsisUsing a multidisciplinary approach that draws on their in-depth experience in the fields of energy, environment, and economics, the authors develop a comprehensive analytical framework. They apply their methodology to four detailed studies of Sri Lanka's energy sector, illustrating how to address key energy and environmental policy issues found in many developing countries today. Supplementary case examples are presented which also draw on many other countries in Asia and Africa.
The main energy-related areas discussed include electric power, new and renewable energy sources, transport and oil-based fuels, and greenhouse gas emissions. The methodological tools of energy and environmental economics provide a rational basis for identifying policy priorities, evaluating them, and developing more sustainable energy options. The results of the studies are presented in an integrated manner, and contribute to the practical resolution of many important public policy issues. How to deal with risk and uncertainty, and how to identify robust policy options, are major themes that run throughout the volume.
Energy and environmental economists, and graduate students interested in an introduction to the analytical methods used in recent World Bank projects on renewable energy and sustainable development will find this book of great value, as will decision makers and policy analysts in developing countries.
Trade Review'It is commendable that this book uses a multidimensional approach to address the issues of sustainable energy in developing countries, which brings together both economical and environmental issues of energy use. In addition, the authors wherever possible try to raise the issues, which have received less research attention until now and they persuade and stimulate energy and environmental researchers to make their contributions towards these burning issues. . . the book serves as a useful reference for energy and environmental economists, graduate students and policy analysts in developing countries.' -- Kanchana Wickramasinghe, South Asia Economic Journal
Table of ContentsContents: Foreword by Karu Jayasuriya, MP 1. Introduction 2. The Present Situation 3. Valuation of Health Damage Costs 4. Economics of Imported Fuels 5. Resolving Technology and Fuel Choice Problems for Power Generation 6. The Economic and Environmental Costs of Traffic Congestion 7. The Economic and Environmental Costs of Fuel Price Distortions 8. Introducing Unleaded Gasoline 9. Options for GHG Emission Reductions 10. Dealing with Uncertainty: A Real Options Framework for Carbon Trading 11. Renewable Energy for Rural Electrification 12. Summary and Implications for Policy Bibliography Index