This article describes how economic decisions are made differ from the public and private sectors. Both cater their decisions to the needs of the public but the context and the purpose behind the decisions differ. The primary purpose of article is to evaluate and compare the most common and...

The sustainability of our modern way of life is becoming a major concern of both our domestic and international policy. The Rio conference on the environment and the recent Kyoto conference on global climate change are two indications of the importance of solving global environmental problem....

We provide some basic background information on support for renewable in California on the expected operation of the power pool and bilateral markets, and on the three key policy types modeled here. We discuss the Elfin production cost and expansion planning model as well as key assumptions that...

Cogeneration of heat power is today receiving more attention by energy economists and policy makers - The enormous escalation of energy prices over the last decade has made energy efficiency an important economic factor for most energy users.The fact that combined steam - electricity schemes are...

The prospect of natural gas decontrol as well as uncertainties of gas and other fuel supplies have aroused interest in electric processes among industrial officials. Where there is ample electric power supply at reasonable cost, an opportunity exists for selected industry groups to make...

In Queensland, Australia, there is presently a high level of interest in long-rotation hardwood plantation investments for sawlog production, despite the consensus in Australian literature that such investments are not financially viable. Continuing genetics, silviculture and processing...