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
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
Posted in Climate change, Minerals
Tagged coal, coal consumption, coal production, trade in coal
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Reducing Pollution with a Combined Tax and Subsidy
Commonly discussed options for reducing pollution at minimum economic cost are taxes, subsidies and marketable permits. A combined tax and subsidy should be added to this list. Suppose a government wants to reduce an industry’s emissions of a pollutant to … Continue reading
Posted in Pollution
Tagged combined tax and subsidy, emissions, pollution, Tinbergen rule
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Climate Change and Trade
Policies on climate change need to address both mitigation and adaptation. An open trading system should be a part of any adaptation strategy. Thinking about trade in the context of climate change may bring to mind specific forms or aspects … Continue reading
Groundwater – the Essentials
Everyone is familiar with water in the form of rain, rivers, lakes and seas. But groundwater is less well-known. Here are the essentials, in Question and Answer form. What is groundwater? Underground water in saturated layers of porous rock or … Continue reading
Posted in Agriculture, Water
Tagged falling water tables, groundwater, groundwater pollution, tubewells
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