In this unique work, Jennifer Considine and William Kerr contend that while OPEC currently dominates the international oil market, Russia will be a key player in the future international energy market. Indeed, Russia’s petroleum resources rival those of Saudi Arabia. More than almost any other...

Edited by two experts in the field, this timely collection comprises seminal works concerning the relationship between energy as it is understood in physics, and economic theory. Topics covered include material on foundational issues, the history of thought, energy as a driver of growth, entropy...

This timely Handbook reviews many key issues in the economics of energy and climate change, raising new questions and offering solutions that might help to minimize the threat of energy-induced climate change.

In economic, technical and political terms, the security of energy supply is of the utmost importance for Europe. Alongside competition and sustainability, supply security represents a cornerstone of the EU’s energy policy, and in times of rising geopolitical conflict plays an increasingly...

This highly unique book focuses on market design issues common to most EU gas markets, particularly in the context of closer integration. It explores in detail the characteristics and requirements of national gas markets in Europe which are constructed as virtual hubs based on entry/exit schemes...

Accompanied by an original and informative introduction by the editors, this volume brings together scholarly contributions on the problems and benefits of an economy rich in natural resources. After a brief look at some historical aspects of the subject, the book explores the concept known as...

In this classic book, originally published in 1968 by University of Toronto Press, John Dales proposed a new policy instrument for tackling pollution problems, namely ‘markets in pollution rights’. Dales was one of the first economists to put forward such a solution, and in subsequent years...

This second volume of the late Julian Simon’s articles and essays continues the theme of volume one in presenting unorthodox and controversial approaches to many fields in economics.

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...

This two-volume collection brings together critical essays on the economics of climate change, describing advances in the field ranging from the Kyoto Protocol carbon market, to sustainability criteria, international trade, and the management of catastrophic risks.