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Economics of the International Coal Trade: The Renaissance of Steam Coal

by Lars Schernikau

The world today depends on oil, coal and gas (in that order of importance) for over 80% of its primary energy. From the time humans tamed fire, wood or bio-mass became the primary energy source. Coal took over from biomass during the Industrial Revolution and accounted for over 60% of world primary energy by the early 1900s. The current age is often referred to as the Oil Age, which seems appropriate now that about 35% of the world's primary energy still comes from oil. However, coal is experiencing a renaissance. Today about one quarter of the world's primary energy and more than 40% of the world's electricity comes from coal. In addition, about two thirds of the world's steel is produced using coal. The author predicts that coal will become even more important in the decades to come, mainly driven by demand from China and India. This book focuses on the role of coal for today's energy and, most importantly, electricity markets. It starts with a review of coal as a resource, profiling the major steam coal exporting nations and the structure of the supply market. The low investment rate in coal compared to other fossil fuels is discussed, and environmental and safety issues with coal production are reviewed. The book examines how coal is used in the modern world. It compares coal to other energy resources and speculates on a greater role for coal in the medium-term future. It examines the structure of the steam coal market, contract terms, derivative markets, FOB costs, and introduces the WorldCoal market model. The final chapter summarizes conclusions and predictions. The author predicts more and larger merger attempts in the coal supply arena and further efforts to manage this development through public policy, greater investment by market participants in logistics and upstream assets, and the development of exchange-based coal trading through standardized coal volumes. The author also outlines why he believes coal prices will rise, eventually catching up with gas.

Economics of the Pharmaceutical and Medical Device Industry: Supply Chain, Trade and Innovation (Routledge Studies in the Economics of Innovation)

by Ramesh Bhardwaj

This book provides a comprehensive examination of the pharmaceutical and medical device industry, including analysis of its current trade and innovation strategies.Opening with a survey of the global pharmaceutical and medical device industry, Bhardwaj outlines the growing trade and trade interdependence among countries in the global supply chain. He adopts a trade competitiveness approach to analyze patterns of product specialization and examines the drug discovery process and its challenges in translating bioscientific knowledge into lifesaving products. Bhardwaj argues that further economic integration, collaborative R&D, and digital technologies may help accelerate productivity and address global challenges of escalating drug costs, neglected tropical diseases (NTDs), and pandemic risks. The book also considers how the industry may further green its supply chain, and thus contribute to SDG Goals 3 (Good Health and Wellbeing) and 12 (Responsible Consumption and Production), before closing on a review of China and India, major players who have the potential to become drivers of low-cost medical products and innovations.With its evidence-based analysis, this book will be of great interest to researchers in pharmaceutical studies, supply chain management, global health, and health economics, as well as policymakers and professionals interested in the global issues facing the industry.

The Economics of the Sulphur Industry (Routledge Revivals)

by Jared E. Hazleton

Between the 1950’s and 1970’s, the Sulphur industry continued to grow despite occasional shortages and excesses. In this study originally published in 1970, Hazleton focuses on the Frasch sulphur industry to explore issues such as competing sources of sulphur, the possibilities of sulphur being obtained as a result of pollution-abating policies and the conditions under which future supplies are likely to become available. This title will be of interest to students of Environmental Studies.

The Economics of U.S. Nonindustrial Private Forests (Routledge Revivals)

by Marion Clawson

The nonindustrial private forests are a large and valuable national resource and the best possible understanding of their characteristics, capabilities, and potentials is useful for the formation of national policy on natural resources. In this title, originally published in 1979, Marion Clawson presents an informative description and analysis of the nonindustrial private forests of the United States and offers his best judgement as to the economic potential of these forests to produce wood and other forest outputs. This book is directed to foresters, economists, policy makers, conservationists, and students interested in environmental issues.

The Economics of Water: Rules and Institutions (Springer Water)

by Georg Meran Markus Siehlow Christian von Hirschhausen

This open access textbook provides a concise introduction to economic approaches and mathematical methods for the study of water allocation and distribution problems. Written in an accessible and straightforward style, it discusses and analyzes central issues in integrated water resource management, water tariffs, water markets, and transboundary water management. By illustrating the interplay between the hydrological cycle and the rules and institutions that govern today’s water allocation policies, the authors develop a modern perspective on water management. Moreover, the book presents an in-depth assessment of the political and ethical dimensions of water management and its institutional embeddedness, by discussing distribution issues and issues of the enforceability of human rights in managing water resources. Given its scope, the book will appeal to advanced undergraduate and graduate students of economics and engineering, as well as practitioners in the water sector, seeking a deeper understanding of economic approaches to the study of water management.

The Economics of Water Utilization in the Beet Sugar Industry (Routledge Revivals)

by Allen V. Kneese George O. Löf

Originally published in 1965, this case study of the beet sugar industry undertaken by George O. G. Lof and Allen V. Kneese illustrates the economic importance of water to industry. This study delves into the history and technology of the beet sugar industry to demonstrate the economic impact of the water environment and how water waste can be reduced in other industries. This title will be of interest to students of environmental studies.

Economics of Wildfire Management

by Michael S. Hand Krista M. Gebert Jingjing Liang David E. Calkin Matthew P. Thompson Mo Zhou

In this age of climatic and financial uncertainty, it becomes increasingly important to balance the cost, benefits and risk of wildfire management. In the United States, increased wildland fire activity over the last 15 years has resulted in drastic damage and loss of life. An associated rapid increase in fire management costs has consumed higher portions of budgets of public entities involved in wildfire management, challenging their ability to fulfill other responsibilities. Increased public scrutiny highlights the need to improve wildland fire management for cost effectiveness. This book closely examines the development of basic wildfire suppression cost models for the United States and their application to a wide range of settings from informing incident decision making to programmatic review. The book also explores emerging trends in suppression costs and introduces new spatially explicit cost models to account for characteristics of the burned landscape. Finally, it discusses how emerging risk assessment tools can be better informed by integrating management cost models with wildfire simulation models and values at risk. Economics of Wildfire Management is intended for practitioners as a reference guide. Advanced-level students and researchers will also find the book invaluable.

Economics Without Laws: Towards a New Philosophy of Economics

by Łukasz Hardt

This book offers a vision of economics in which there is no place for universal laws of nature, and even for laws of a more probabilistic character. The author avoids interpreting the practice of economics as something that leads to the formulation of universal laws or laws of nature. Instead, chapters in the book follow the method of contemporary philosophy of science: rather than formulating suggestions for practicing scientists of how they should do research, the text describes and interprets the very practice of scientific research. This approach demonstrates how economists can explain economic phenomena not by subsuming them under general laws, but rather by building models of these phenomena, by referring to causes, or even by investigating what is in the nature of given factors, events, or circumstances to produce.

The Economization of Life

by Michelle Murphy

What is a life worth? In the wake of eugenics, new quantitative racist practices that valued life for the sake of economic futures flourished. In The Economization of Life, Michelle Murphy provocatively describes the twentieth-century rise of infrastructures of calculation and experiment aimed at governing population for the sake of national economy, pinpointing the spread of a potent biopolitical logic: some must not be born so that others might live more prosperously. Resituating the history of postcolonial neoliberal technique in expert circuits between the United States and Bangladesh, Murphy traces the methods and imaginaries through which family planning calculated lives not worth living, lives not worth saving, and lives not worth being born. The resulting archive of thick data transmuted into financialized “Invest in a Girl” campaigns that reframed survival as a question of human capital. The book challenges readers to reject the economy as our collective container and to refuse population as a term of reproductive justice.

An Economy Based on Carbon Dioxide and Water: Potential of Large Scale Carbon Dioxide Utilization

by Michele Aresta Iftekhar Karimi Sibudjing Kawi

This book is devoted to CO2 capture and utilization (CCU) from a green, biotechnological and economic perspective, and presents the potential of, and the bottlenecks and breakthroughs in converting a stable molecule such as CO2 into specialty chemicals and materials or energy-rich compounds. The use of renewable energy (solar, wind, geothermal, hydro) and non-fossil hydrogen is a must for converting large volumes of CO2 into energy products, and as such, the authors explore and compare the availability of hydrogen from water using these sources with that using oil or methane. Divided into 13 chapters, the book offers an analysis of the conditions under which CO2 utilization is possible, and discusses CO2 capture from concentrated sources and the atmosphere. It also analyzes the technological (non-chemical) uses of CO2, carbonation of basic minerals and industrial sludge, and the microbial-catalytic-electrochemical-photoelectrochemical-plasma conversion of CO2 into chemicals and energy products. Further, the book provides examples of advanced bioelectrochemical syntheses and RuBisCO engineering, as well as a techno-energetic and economic analysis of CCU. Written by leading international experts, this book offers a unique perspective on the potential of the various technologies discussed, and a vision for a sustainable future. Intended for graduates with a good understanding of chemistry, catalysis, biotechnology, electrochemistry and photochemistry, it particularly appeals to researchers (in academia and industry) and university teachers.

The Economy of Green Cities: A World Compendium on the Green Urban Economy

by Monika Zimmermann Richard Simpson

This volume bridges the gap between the global promotion of the Green Economy and the manifestation of this new development strategy at the urban level. Green cities are an imperative solution, not only in meeting global environmental challenges but also in helping to ensure socio-economic prosperity at the local level.

Economy Of Machinery And Manufacture #2

by Charles Babbage

"...it was my intention to have delivered the present work in the form of a course of lectures at Cambridge; an intention which I was subsequently induced to alter. The substance of a considerable portion of it has, however, appeared among the preliminary chapters of the mechanical part of the Encyclopedia Metropolitana."

Economy-Wide Modeling of Water at Regional and Global Scales (Advances in Applied General Equilibrium Modeling)

by Glyn Wittwer

This book deals with the economic modelling of water at the global, national and sub-national levels. It presents a multi-faceted analysis and, while it outlines the theories behind various models, its main purpose is to analyse policy issues and present insights arising from modelling, including a chapter analysing the macroeconomic implications of climate change. Arguably the most compelling reason for publishing a book on the economic modelling of water arises from the fact that agriculture accounts for approximately 70% of water used for economic purposes, while only contributing 4% of global income. Given that water is an essential commodity, this discrepancy may in part be symptomatic of an undervaluation of water due to immature and incomplete markets. In turn, this undervaluation has led to an ongoing misallocation of water. When economic models include water accounts that feed into production functions, they model impacts on the marginal product of water. Policies that improve the link between the marginal product and price of water will improve water allocation, while advanced economic models such as those presented here can enhance our ability to explore the possible impacts of improved policy.

Econophysics and Companies: Statistical Life and Death in Complex Business Networks

by Hideaki Aoyama Yoshi Fujiwara Yuichi Ikeda Hiroshi Iyetomi Wataru Souma

Econophysics is an emerging interdisciplinary field that takes advantage of the concepts and methods of statistical physics to analyse economic phenomena. This book expands the explanatory scope of econophysics to the real economy by using methods from statistical physics to analyse the success and failure of companies. Using large data sets of companies and income-earners in Japan and Europe, a distinguished team of researchers show how these methods allow us to analyse companies, from huge corporations to small firms, as heterogeneous agents interacting at multiple layers of complex networks. They then show how successful this approach is in explaining a wide range of recent findings relating to the dynamics of companies. With mathematics kept to a minimum, the book is not only a lively introduction to the field of econophysics but also provides fresh insights into company behaviour.

Econophysics Approaches to Large-Scale Business Data and Financial Crisis: Proceedings of Tokyo Tech-Hitotsubashi Interdisciplinary Conference + APFA7

by Hideki Takayasu Tsutomu Watanabe Misako Takayasu

The new science of econophysics has arisen out of the information age. As large-scale economic data are being increasingly generated by industries and enterprises worldwide, researchers from fields such as physics, mathematics, and information sciences are becoming involved. The vast number of transactions taking place, both in the financial markets and in the retail sector, is usually studied by economists and management and now by econophysicists. Using cutting-edge tools of computational analysis while searching for regularities and "laws" such as those found in the natural sciences, econophysicists have come up with intriguing results. The ultimate aim is to establish fundamental data collection and analysis techniques that embrace the expertise of a variety of academic disciplines. This book comprises selected papers from the international conference on novel analytical approaches to economic data held in Tokyo in March 2009. The papers include detailed reports on the market behavior during the financial crisis of 2008 and discussions on the mechanism of bubbles and crashes, with proposals for avoiding new crises. Filled with up-to-date research, this book will interest researchers and students, finance professionals, and scholars in diverse fields.

Econophysics of Agent-based models

by Frédéric Abergel Asim Ghosh Hideaki Aoyama Anirban Chakraborti Bikas K. Chakrabarti

The primary goal of this book is to present the research findings and conclusions of physicists, economists, mathematicians and financial engineers working in the field of "Econophysics" who have undertaken agent-based modelling, comparison with empirical studies and related investigations. Most standard economic models assume the existence of the representative agent, who is "perfectly rational" and applies the utility maximization principle when taking action. One reason for this is the desire to keep models mathematically tractable: no tools are available to economists for solving non-linear models of heterogeneous adaptive agents without explicit optimization. In contrast, multi-agent models, which originated from statistical physics considerations, allow us to go beyond the prototype theories of traditional economics involving the representative agent. This book is based on the Econophys-Kolkata VII Workshop, at which many such modelling efforts were presented. In the book, leading researchers in their fields report on their latest work, consider recent developments and review the contemporary literature.

Ecopharmacovigilance

by Leobardo Manuel Gómez-Oliván

The indiscriminate use of medications and their inadequate disposal have resulted in them being released into the environment via municipal, hospital and industrial discharges. This volume critically examines the presence of pharmaceuticals in aquatic ecosystems, the hazards they entail, and how to minimize their impact on the environment. The topics covered include: historical findings that have made the development of the discipline ecopharmacovigilance possible; the main exposure routes, fate and life cycle of pharmaceuticals in water; occurrence data and the impact on biodiversity; methods used for the detection, analysis and quantification of pharmaceuticals in water and for their removal; current legislation on the presence of emerging contaminants in water; biosensors for environmental analysis and monitoring; and the measures needed to reduce the existing problems. This book is aimed at students, academics and research workers in the fields of toxicology, ecology, microbiology and chemistry, as well as those in the pharmaceutical industry, health sector professionals, and members of government bodies involved in environmental protection and legislation.

Ecophysiology, Abiotic Stress Responses and Utilization of Halophytes

by Münir Öztürk Mirza Hasanuzzaman Kamrun Nahar

Halophytes are those plant species that can tolerate high salt concentrations. There are diversified species of halophytes suited for growth in various saline regions around the world, e.g. coastal saline soil, soils of mangrove forests, wetlands, marshlands, lands of arid and semiarid regions, and agricultural fields. These plants can be grown in soil and water containing high salt concentrations and unsuitable for conventional crops, and can be good sources of food, fuel, fodder, fiber, essential oils, and medicine. Moreover, halophytes can be exploited as significant and major plant species for the desalination and restoration of saline soils, as well as phytoremediation. This book highlights recent advances in exploring the unique features of halophytes and their potential uses in our changing environment.

Ecophysiology and Biochemistry of Cyanobacteria

by Rajesh Prasad Rastogi

This book emphasizes and presents the latest information on eco-physiology and biochemistry of cyanobacteria with special emphasis on their biodiversity, molecular mechanisms of some important biological processes and survival mechanisms under myriad of environmental conditions as well as bioremediation. Cyanobacteria are the most dominant prokaryotic floras on the Earth’s surface, and are of great importance in terms of ecological, economical and evolutionary perspectives. They are oldest groups of photosynthetic autotrophs, which create oxygenic atmosphere for the development and sustainability of ecosystems with different life forms. The book presents an integrative approach to their possible biotechnological application in the field of bio-energy and various aspects of biochemistry, biophysics and structural biology of photosynthesis. The various chapters describe the different applications of cyanobacteria as bio-energy sources and in phycoremediation. The contents incorporated in this book can be used as a textbook by undergraduate and post-graduate students, teachers, and researchers in the most interesting fields of physicochemical ecology and biochemistry of cyanobacteria.

Ecophysiology and Responses of Plants under Salt Stress

by M. M. Azooz Parvaiz Ahmad M.N.V. Prasad

This book will shed light on the effect of salt stress on plants development, proteomics, genomics, genetic engineering, and plant adaptations, among other topics. Understanding the molecular basis will be helpful in developing selection strategies for improving salinity tolerance. The book will cover around 25 chapters with contributors from all over the world.

Ecophysiology of Tropical Plants: Recent Trends and Future Perspectives

by Sachchidanand Tripathi Rahul Bhadouria Pratap Srivastava Rishikesh Singh Rajkumari Sanayaima Devi

Plants in tropical regions are coping with enormous challenges of physiological stresses owing to changing environmental and climatic conditions. Rapid growth of human population and rampant exploitation of fossil fuels and other developmental activities are actively contributing to such perturbations. The Intergovernmental Panel on Climate Change has projected a sustained increase in carbon dioxide (CO2) emissions and thereby a rise in global temperature in the coming decades. The resultant changes in precipitation patterns are now evident across the globe due to intensication of hydrological cycle. Moreover, gaseous and particulate pollutants are also an immense challenge for tropical plants. Such vagaries in environmental conditions have signicant impacts on the ecophysiological traits of plants, resulting from altered interactions of tropical plants with each other, as well as other biotic and abiotic components within the ecosystem. Books available in the market that particularly focus on ecophysiological responses of tropical plants to abiotic and biotic environmental factors under climate change are limited. This book intends to fill this knowledge gap and provides a detailed analysis on ecophysiological responses of tropical plants to these environmental challenges, as well as suggesting some approachable measures for plant adaptations to these challenges. The book is equally applicable to undergraduate and postgraduate students, researchers, teachers and forest managers, and policy makers. Salient features of the book are: 1. A comprehensive discussion on adaptive mechanisms of plants through their ecophysiological responses to various biotic and abiotic stresses. 2. Elaboration on the recent techniques involved in ecophysiological research. 3. A detailed account of evolutionary responses of plants to changing climate. 4. Discussion of recent research results and some pointers to future advancements in ecophysiological research. 5. Presentation of information in a way that is accessible for students, researchers, and teachers practicing in plant physiology and ecology.

Ecophysiology of Vascular Halophytes

by Irwin A. Ungar

Ecophysiology of Vascular Halophytes provides a useful update to existing literature describing the ecophysiological responses of vascular halophytes to environmental stresses present in saline habitats. The success of species growing in these extreme environments is related to a number of adaptations, including the timing of phenological events, phenotypic plasticity and genetic selection for specific ecophysiological responses at different stages of development. Factors discussed that influence the growth and distribution of halophytes include seed germination, salinity stress, salt stimulation, flooding, ion content, nitrogen, plant water status, growth regulators, photosynthesis, and genecology. The book also discusses the effects of both interspecific and intraspecific competition on the growth and survival of halophytes. Researchers and students of stress ecology, as well as agricultural research organizations, will find a tremendous store of information in this volume.

Ecopolitics: The Environment in Poststructuralist Thought (Opening Out: Feminism for Today)

by Verena Andermatt Conley

Ecopolitics is a study of environmental awareness - or non-awareness - in contemporary French theory. Arguing that it is now impossible not to think in an ecological way, Verena Andermatt Conley traces the roots of today's concern for the environment back to the intellectual climate of the late 50s and 60s.The author considers key texts by influential figures such as Michael Serres, Paul Virilio, Gilles Deleuze and Felix Guattari, Michel de Certeau, Hélène Cixous and Luce Irigaray. Ecopolitics rehabilitates some ecological components of French intellectual thought of the past thirty years, and reassesses French poststructural thinkers who explicitly deal with ecology in their work.

EcoProduction and Logistics: Emerging Trends and Business Practices

by Paulina Golinska

Environmental awareness is driven mainly by the scarcity of natural resources and by more strict legal regulations. The modern enterprise policy should look at the relations between economic actions and ecological consequences. Ecoproduction is a new business approach which focuses on the most efficient and productive use of raw materials and natural resources in order to minimize footprints on the natural environment. This book aims to provide the state- of- the- art as well as new ideas of the environmental conscious operations management. The contributors present in the individual chapters problems related to: eco-friendly production technologies; recycling and waste reduction. Scope of topics discussed in this book covers also pollution prevention, energy efficiency. The authors describe problems of information management in complex systems

Ecoregional Green Roofs: Theory and Application in the Western USA and Canada (Cities and Nature)

by Bruce Dvorak

This book studies the application of green roofs in ecoregions of the western United States and Canada. While green roofs were intended to sustain local or regional vegetation, this volume describes how green roofs in their modern form are typically planted with a low-diversity mix of sedums from Europe or Asia. The authors demonstrate how in the western USA and Canada many green roofs have been designed with native plants and have been found to thrive.Part I of this book covers theory and an overview of ecoregions and their implications for green roofs. In Part II vegetation from prairies, deserts, montane meadows, coastal meadows, and scrub and sub-alpine habitats are explored on seventy-three ecoregional green roofs. Case studies explore design concepts, materials, watering and maintenance, wildlife, plant species, and lessons learned. Part III covers an overview of ecoregional green roofs and a future outlook.This book is aimed at professionals, designers, researchers, students and educators with an interest in green roofs and the preservation of biodiversity.

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