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 |
Author(s): | 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 (2012) 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: Sustainable Development Q51: Valuation of Environmental Effects Q54: Climate; Natural Disasters and Their Management; Global Warming N53: Economic History: Agriculture, Natural Resources, Environment, and Extractive Industries: Europe: Pre-1913 N54: Economic History: Agriculture, Natural Resources, Environment, and Extractive Industries: Europe: 1913- |
Issue Date: | 31-Jul-2012 |
Date Deposited: | 7-Sep-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 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 | Size | Format | |
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SEDP-2012-16-Kunnas-McLaughlin-Hanley-Oxley-Greasley-Warde.pdf | Fulltext - Accepted Version | 559.69 kB | Adobe PDF | View/Open |
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