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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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Category Archives: Minerals
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
Managing Natural Capital in England
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
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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The Price of Oil and the Price of Food
The price of oil has long had an influence on the price of food. The recent rapid expansion of biofuel production has made the relationship both more significant and more complex. Effect of an Increase in the Price of Oil … Continue reading