Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/8956
Appears in Collections:Economics Working Papers
Peer Review Status: Unrefereed
Title: How Environmental Pollution from Fossil Fuels can be included in measures of National Accounts and Estimates of Genuine Savings
Authors: Kunnas, Jan
McLaughlin, Eoin
Hanley, Nicholas
Oxley, Les
Greasley, David
Warde, Paul
Contact Email: j.g.kunnas@stir.ac.uk
Citation: Kunnas J, McLaughlin E, Hanley N, Oxley L, Greasley D & Warde P How Environmental Pollution from Fossil Fuels can be included in measures of National Accounts and Estimates of Genuine Savings. Stirling Economics Discussion Paper, 2012-16.
Keywords: Genuine Savings
National accounts
Fossil Fuels
Carbon Dioxide
Global Warming
Economic History
Britain
JEL Code(s): Q01, Q51, Q54, N53, N54
Issue Date: Jul-2012
Series/Report no.: Stirling Economics Discussion Paper, 2012-16
Abstract: In this paper, we examine means to incorporate the environmental effects of fossil fuel use into national accounts and genuine savings estimates. The main focus is on the rationales for the inclusion of carbon dioxide, and its appropriate price tag. We do this in the context of the pricing of historic carbon emissions in United Kingdom over the long run (from the onset of the industrial revolution to the present). Furthermore, we examine the reasonableness of taking into account other greenhouse gases than carbon dioxide. The global effects of carbon dioxide are compared to the local detrimental effects of the production and consumption of coal in the UK.
Type: Working or Discussion Paper
URI: http://hdl.handle.net/1893/8956
Affiliation: Economics
University of Edinburgh
Economics
University of Canterbury
University of Edinburgh
University of East Anglia

Files in This Item:
File Description SizeFormat 
SEDP-2012-16-Kunnas-McLaughlin-Hanley-Oxley-Greasley-Warde.pdf559.69 kBAdobe PDFView/Open


This item is protected by original copyright



Items in the Repository are protected by copyright, with all rights reserved, unless otherwise indicated.

If you believe that any material held in STORRE infringes copyright, please contact library@stir.ac.uk providing details and we will remove the Work from public display in STORRE and investigate your claim.