About Economic Droplets
An environmental and natural resource economics blog by Adam Bailey (below). For details and profile see About.
© Adam Bailey and Economic Droplets, 2012-2021.
Category Archives: Minerals
A proposed new coal mine in Cumbria, England has prompted vehement arguments for and against. The underlying problems are a flawed policy framework with insufficient international coordination. To its supporters it’s a no-brainer. The mine will produce coking coal, an … Continue reading
I present here a defence of the following proposition: to maintain consumption per person in the long run as non-renewable resources are increasingly depleted, the world needs technical progress so that we can obtain more output from available resources. The … Continue reading
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
England has established a Natural Capital Committee to advise the government on the efficient and sustainable management of the country’s natural wealth. In April 2013 the committee published its first report and invited comments. Below is an abbreviated version of … Continue reading