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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, 2012-2025.
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Author Archives: Adam Bailey
Do We Need a Renewables Policy?
Question: If an effective carbon tax or cap-and-trade policy is in place to limit greenhouse gas emissions, is there any point in having a separate policy to promote renewable energy sources? I have read several times recently that the answer … Continue reading
Groundwater Extraction and Sea-Level Rise
The global consequences of groundwater extraction have received less attention than many other environmental issues. Here are the main points, in Question and Answer form. Does groundwater extraction contribute to sea-level rise? Yes, at a global level. A basic principle … Continue reading
Posted in Water
Tagged aquifer, externality, groundwater, groundwater depletion, groundwater extraction, sea-level rise
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Cities and the Environment
Environmental economics can be an important tool in urban planning. It can also inform discussion of the place of cities in a sustainable world. When I first studied environmental economics, cities seemed to make only the occasional guest appearance in … Continue reading
Posted in Cities
Tagged cities, Sustainability, urban heat islands, urban planning, urbanization
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The Oil Demand Debate
Improved fuel efficiency and substitution of natural gas will restrain world oil demand over the next decade. But will these effects be enough to offset increasing demand from emerging economies? This important debate could be sharpened by clearer economic language. … Continue reading
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