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Energy Economics (Routledge Textbooks in Environmental and Agricultural Economics)

Amazon.com Price:  $153.52 (as of 04/05/2019 18:14 PST- Details)

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Description

With interest in topics such as climate change, energy security, and alternative energy sources being at an all-time high, the effects of today’s decisions now rest on the shoulders of future generations. There are no easy answers to our energy issues, so costs and benefits will have to be thought to be when evaluating all energy alternatives; alongside that, prices will have to be right and wish to reflect the full social costs to society of a given source of energy.

Energy Economics outlines the fundamental issues and conceivable solutions to the challenges of energy production and use, and presents a framework for energy decisions based upon sound economic analysis. It considers market forces and policy goals, including economic prosperity, environmental protection, and other considerations that have an effect on societal well-being. This book specializes in both energy choices and the affect of these choices on market performance, environmental conditions, and sustainability. The initial section covers the fundamental economic concepts for analyzing energy markets. Following this, a detailed analysis of established energy sources, specifically fossil fuels and nuclear energy, leads into consideration of energy alternatives such as renewable energy and next-generation alternatives. Electricity production and regulatory trends are covered in depth. The final section considers policy: environmental considerations, sustainability, and energy security. The concluding chapter is a comprehensive vision for our energy future.

Drawing on current energy headlines, perspectives familiar from the preferred press, and views outside economics, this text sharpens students’ ability to take note, evaluate, and critique policy the usage of appropriate economic analysis. The text builds a foundation that culminates in a view of a comprehensive energy policy that improves upon the vacillations of past decades.


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