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Environmental &Natural Resource Economics 9th Edition
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xxi Preface A glance at any newspaper will confirm that environmental economics is now a major player in environmental policy. Concepts such as cap-and-trade, renewable portfolio standards, block pricing, renewable energy credits, development impact fees, conservation easements, carbon trading, the commons, congestion pricing, corporate average fuel economy standards, pay-as-you-throw, debt-for-nature swaps, extended producer responsibility, sprawl, leapfrogging, pollution havens, strategic petroleum reserves, and sustainable development have moved from the textbook to the legislative hearing room. As the large number of current examples in Environmental & Natural Resource Economics demonstrates, ideas that were once restricted to academic discussions are now not only part of the policy mix, but they are making a significant difference as well. New to This Edition New Features ● lots of new self-test exercises (numerical problems, graphical manipulations, and word problems) for students, ● updated data tables, ● inclusion of recent economic studies, ● climate change now has its own chapter, ● the toxic substances and environmental justice chapters have now been combined into a single chapter New or Expanded Topics The ninth edition covers new topics and expands on others. These additions include the following: ● experimental economics, ● oil and gas derived from shale, ● nuclear program in France, ● renewable energy credits,  |
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