About Economic DropletsAn environmental and natural resource economics blog by Adam Bailey (below). For details and profile see About.
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Category Archives: Minerals
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