Hydraulic fracturing has been the subject of much debate recently, both in the United States and increasingly in Europe. Advances in hydraulic fracturing technology have led to a shale gas boom in the United States, significantly lowering natural gas prices, and causing some foreign businesses...

We present a simple model of petroleum exploration and development that can be applied to study the performance of alternative tax systems and identify potential distortions. Although the model is a highly simplified, it incorporates many factors and some of the key tradeoffs that would...

While market mechanisms and private initiatives can deliver much for development, public action is also necessary to: maximize the economic benefits of the extractive industries; manage potentially large capital and revenues flows; minimize adverse environmental and social impacts; and steer the...

This doctoral thesis, organized in three self-contained chapters, provides an analysis of the economic effects associated with the extraction of natural resources and the transition from an economy based on fossil fuel use to an economy relying primarily on renewable energy sources. Chapter 1...

Millionen von Litern Erdöl strömen täglich aus dem Bohrloch der verunglückten Bohrinsel Deepwater Horizon in den Golf von Mexiko – und ein Ende ist nicht in Sicht. Die aktuelle Ölkatastrophe hat eine breite Diskussion über Risiko und Nutzen von Offshore-Bohrungen zur Gewinnung von Erdöl...

Millionen von Litern Erdöl strömen täglich aus dem Bohrloch der verunglückten Bohrinsel Deepwater Horizon in den Golf von Mexiko – und ein Ende ist nicht in Sicht. Die aktuelle Ölkatastrophe hat eine breite Diskussion über Risiko und Nutzen von Offshore-Bohrungen zur Gewinnung von Erdöl...

The first objective of this paper is to update earlier assessments of mineral dependence in lower-income countries. In 2018, the mining of metals and coal continued to be an important contributor to the economies of several low- and middle-income countries. As in our previous calculations of the...

Domestic laws are the ideal legal instrument to regulate the mining sector’s contribution to climate change mitigation and adaptation. Even so, as a stop-gap-measure, governments may consider updating model mining development agreements (MMDAs) or negotiating climate­-related contractual...