About Economic Droplets
An environmental and natural resource economics blog by Adam Bailey (below). For details and profile see About.
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© Adam Bailey and Economic Droplets, 2012-2026.
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Author Archives: Adam Bailey
Five Concepts of Net National Product
National accounts can be adjusted to reflect depletion of natural capital. There are various ways to do it, none simple. Gross National Product (GNP), as is very well known, has many limitations as an economic measure. One is implicit in … Continue reading
A Policy Case Study: UK Livestock and Methane
In a previous post I proposed, as one element in the UK’s climate change policy, a tax on the sale of beef with the aim of reducing beef production and so reducing methane emissions from cattle. Here I consider the … Continue reading
How to Deal with Natural Disasters
A short review of Matthew Kahn’s An Introduction to Natural Disaster Economics. When I first studied environmental and natural resource economics, I was struck by its focus on certain topics and comparative neglect of others which seemed equally important. My … Continue reading
New Findings on Climate Change
Climate Science Should Take Account of New Findings Since the IPCC’s Sixth Assessment I have long regarded myself as a climate sceptic. I am definitely not an expert on climate science: it is a topic I have learnt a little … Continue reading
Posted in Climate change, Forests
Tagged aerosols, albedo, climate sensitivity, IPCC, reforestation, shipping fuel, warming
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