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Articles 1 - 2 of 2
Full-Text Articles in Natural Resource Economics
Economics Of Nuclear Power And Climate Change Mitigation Policies, Nico Bauer, Robert Brecha, Gunnar Luderer
Economics Of Nuclear Power And Climate Change Mitigation Policies, Nico Bauer, Robert Brecha, Gunnar Luderer
Robert J. Brecha
The events of March 2011 at the nuclear power complex in Fukushima, Japan, raised questions about the safe operation of nuclear power plants, with early retirement of existing nuclear power plants being debated in the policy arena and considered by regulators. Also, the future of building new nuclear power plants is highly uncertain. Should nuclear power policies become more restrictive, one potential option for climate change mitigation will be less available. However, a systematic analysis of nuclear power policies, including early retirement, has been missing in the climate change mitigation literature. We apply an energy economy model framework to derive …
How Do Environmental And Natural Resource Economics Texts Deal With The Simple Model Of The Intertemporal Allocation Of A Nonrenewable Resource, Robert Main
Robert S. Main
Textbooks in Environmental and Natural Resource Economics invariably deal with the problem of allocating a non-renewable resource over time. The simplest version of that problem is the case of a resource that is to be allocated over two periods. The resource has a constant Marginal Extraction Cost (MEC). Most textbooks treat this case before moving on to more complex and realistic cases. This paper suggests the results that should be emphasized and the method that should be used to arrive at those results. It also points out the possible confusions that should be avoided. Finally, it examines how several well-known …