Sustainable Energy Pricing : Nature, Sustainable Engineering, and the Science of Energy Pricing
Language: English
Published by Wiley Feb 2012, 2012
- Hardcover
- New
Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH
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Neuware - The petroleum sector is possibly the largest and most dominanteconomic sector in the globalized economy. However, for reasonsexplored in this book, although none of the existing economicdevelopment models fit this sector in the past and apply even lesstoday, no satisfactory alternative has presented itself. Thisbook highlights the important reasons why current models fail topredict energy pricing with reasonable accuracy, and ventures intoenvironmental and other problems with oil and gas production andassociated economic decisions mounting across both developed aswell as developing economies.
Seller Inventory # 9780470901632
- Title
- Sustainable Energy Pricing : Nature, Sustainable Engineering, and the Science of Energy Pricing
- Author
- Gary M Zatzman
- Publisher
- Wiley Feb 2012
- Publication year
- 2012
- Condition
- Neu
- Binding
- Buch
- Language
- English
- ISBN 10
- 0470901632
- ISBN 13
- 9780470901632
- Item weight
- 993 grams
- Dimensions
- 250x167x41 mm
This is the first book to address the issues of affordable power, sustainable energy, and reduced environmental impact through the science of energy pricing. Looking at the availability of natural resources from an engineering perspective, and determining how they can be priced to achieve sustainability in the energy sector, is the aim of this groundbreaking new work.
Most current models used in energy pricing are based on linear analyses. While these models work well for targeted scenarios within a short time frame, they do not provide one with a scientific tool that can include many facets of the information age. The existing models do not include environmental sustainability in an integrated fashion. This is mainly because environmental costs are still considered to be intangible, and intractable with conventional economic analysis tools. Though one existing model acknowledges some possible theoretical truth to concerns expressed about the onset of 'peak oil'―the period in which new oil production must begin a decline of unknown and indefinite duration ―this model has little or nothing to say about continuing practices in the extraction and production of fossil fuel that are themselves based on denying any significance or role for such thinking in the immediate future.
A serious limitation of that discourse is its insistence on polarizing opinions "for" or "against" environmental sustainability, peak oil, and affordable energy prices. This book proceeds instead to isolate the absence of any agreed criteria for what would constitute inherently sustainable development and examines the main outlines of the history and political economy of energy resource exploration and development since the 1850s from this standpoint. It proposes specific directions in which to take some of the leading alternatives and amendments to current energy pricing practices (as well as some of the most promising energy development alternatives) in order to fulfill the time criteria required for an inherently sustainable trend.
The author shows how, and why, identifying unsustainable practices and consequences can make a case for closing down particular oil and gas production operations, while averting the time-wasting approach of trying to fix what really has gone beyond fixing. However, it is possible, necessary, and actually far better to replace these methods with newer, scientifically based methods for achieving overall energy sustainability.
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