Social Costs of Energy

1. Front Matter

   Pages I-VIII

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2. Introduction and some Conclusions from the Conference

   1. Introduction and some Conclusions from the Conference

      • Olav Hohmeyer, Richard L. Ottinger

      Pages 1-3

3. General Treatment of the Assessment of Social Costs and the Perspective for their Incorporation

   1. Front Matter

      Pages 5-5

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   2. The Social Costing Debate: Issues and Resolutions

      • Alan J. Krupnick, Dallas Burtraw, A. Myrick Freeman III, Winston Harrington, Karen Palmer, Hadi Dowlatabadi

      Pages 7-37

   3. Perspectives on Incorporation of Environmental Externalities

      • Jeffrey D. Tranen

      Pages 38-57

   4. The Prospects for the Use of Environmental Benefit Assessment in the EC

      • P. Valette, L. DeNocker

      Pages 58-67

   5. Why Utilities Should Incorporate Externalities

      • Stephen Wiel

      Pages 68-72

   6. Internalization of External Costs During the Crisis of Environmental Policy or as a Crisis for Economic Policy

      • Eberhard Moths

      Pages 73-78

4. Empirical Estimation of Social Costs of Energy

   1. Front Matter

      Pages 79-79

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   2. Estimating the Impacts, Damages and Benefits of Fuel Cycles: Insights from an Ongoing Study

      • Russell Lee

      Pages 81-97

   3. Identification and Incorporation of External Costs Associated with Energy Use

      • Klaus P. Masuhr

      Pages 98-115

   4. Measuring the External Costs of Fuel Cycles in Developing Countries

      • A. Markandya

      Pages 116-132

   5. Evaluation of the External Costs of a UK Coal Fired Power Station on Agricultural Crops

      • M. R. Holland, N. J. Eyre

      Pages 133-149

   6. Economics of Nuclear Risks — A German Study

      • Hans-Jürgen Ewers, Klaus Rennings

      Pages 150-166

   7. Environmental Impacts of Photovoltaics/Solar Energy

      • Angelika E. Baumann, Robert Hill

      Pages 167-176

   8. External Costs of Rational Use of Energy

      • Hermann Herz

      Pages 177-193

   9. Economic Impacts of Electricity Supply Options

      • Ajay K. Sanghi

      Pages 194-211

5. Instruments and Approaches for the Internalisation of Social Costs

   1. Front Matter

      Pages 213-213

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   2. Evaluation of Instruments for the Incorporation of Externalities

      • Rainer Friedrich

      Pages 215-227

   3. Pollution Taxes — The Preferred Means of Incorporation of Environmental Externalities

      • Richard L. Ottinger

      Pages 228-247

Although present day politics seems to be preoccupied with questions of economic growth and full employment, the basic environmental problems stemming from the interactions of the economic sphere with global, regional and local environments persist and will have an even greater impact in the future. If economy and ecology are not reconciled in the years to come, mankind will not have a sustainable future on Earth. The typical negation of environmental problems in times of economic crisis is partially due to the fact that environmental and health damages of economic activities are neither priced nor included in our market price system. This allows politicians to focus their attention on insufficient economic indicators which do not reflect the actual development of the welfare of society. If economic lead indicators like GDP or balance of trade figures were better integrated with information on the environmental and health costs caused by the seemingly beneficial economic development, politicians might have better guidance as to what policy choices would benefit society most.

• Climate Change
• Energie
• Energy
• Environmental Policy
• External Costs
• Externe Kosten
• Internalisierung
• Internalization
• Policy
• Politik
• Sustainable Energy
• control
• environment
• science and technology
• sustainable development
• water quality and water pollution
• air pollution and air quality

• ZEW, Zentrum für Europäische, Wirtschaftsforschung GmbH, Mannheim, Germany

  Olav Hohmeyer

• Center for Environmental Legal Studies, Pace University School of Law, White Plains, USA

  Richard L. Ottinger

Policies and ethics