Optimizing production technology choices: conventional production vs. recycling
Article Abstract:
A study was conducted to analyze the optimal use of renewable resources and how optimality is related to the accumulation of waste stock. The materials balance framework allowed the formulation of the concept of sustainability as a maximization of discounted utility over time with respect to constancy of environmental services. Results showed that by recycling, it is possible for an economy to achieve a steady state where both source and waste stocks are kept constant.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Marketable pollution permits with uncertainty and transaction costs
Article Abstract:
Theoretical and numerical models have been considered to assess the effects of marketable permits for pollution control on market performance and control costs. The numerical model was used in the context of a nitrogen oxide trading case wherein technology options are open to participants. Results reveal the distribution of permits to have significant effects on the aggregate control costs and equilibrium price of permits.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
The choice of environmental policy instruments under correlated uncertainty
Article Abstract:
The combinations of choices between linear tax and non-linear taxes as affected by the presence of correlated uncertainty between the cost and benefit of environmental pollution control are discussed.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: An introduction to biodiversity concepts for environmental economists. Policy persistence in environmental regulation
- Abstracts: Training on a deadline. Regional restructuring
- Abstracts: Accumulative pollution, "clean technology," and policy design. Financial structure and the effectiveness of pollution control in an oligopolistic industry
- Abstracts: Hyperbolic discounting and time inconsistency in native-exotic species conflict. Auction mechanisms and the measurement of WTP and WTA
- Abstracts: Simulating the effect of economic and policy incentives on natural gas drilling and gross reserve additions. The Hotelling Principle, backwardation of futures prices and the values of developed petroleum reserves - the production constraint hypothesis