Author Archives: Adam Bailey

A Small Test of Price Theory

I like a decent cup of coffee with my breakfast.  Usually the water is boiled in our electric kettle.  But today we put the water in a saucepan and boiled it on our gas hob.  Why?  A fault with the … Continue reading

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How to Choose a Christmas Tree

Is a natural or an artificial Christmas tree the more environmentally-friendly option?  The answer may depend on the consumer’s circumstances. As environmental issues go, this is admittedly a small one.  But if we can’t get right small issues like this, … Continue reading

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Mandatory Emissions Reporting – An Evaluation

The UK is to require quoted companies to report on their greenhouse gas emissions (1).  This modest measure raises a number of economic issues. Why is the government introducing this requirement?                                                              It believes that mandatory reporting will complement pricing instruments … Continue reading

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Perspectives on Coal

Is coal the fuel of the past, the present or the future?  The answer may depend on where you are. You rarely hear about coal now in the UK.  Before World War 1 the UK produced almost 300 million tonnes … Continue reading

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