Environmental and Natural Resource Economics 2 nd ed. Jonathan M. Harris Data Updates for 2008 Copyright © 2008 Jonathan M. Harris

Notes on Data Updates Resource and environmental issues are subject to rapid change. Since publication of the second edition of Environmental and Natural Resource Economics in 2006, there have been a number of significant developments. Many of these are in the area of climate change, leading to a complete update of Chapter 18 on Global Climate Change, available as a module, The Economics of Global Climate Change, at: This module can be substituted for Chapter 18; new data and figures from the module are in the Powerpoint file Economics of Global Climate Change Figures and Tables at: Other significant areas of change are resource and energy prices. After a long period of stability or decline, many resource prices turned sharply upward in Some of these price changes are reflected in this update, along with recent energy use trends and projections.

Sources: U.S. Department of Agriculture, 2008, National Agricultural Statistics Service, Agricultural Prices; USDA, World Agricultural Outlook Board, World Agricultural Supply and Demand Estimates; USDA, Agricultural Marketing Service, Grain and Feed Market News.

Source: Department of the Interior U.S. Geological Survey,

International Energy Agency, World Energy Outlook

Source: Energy Information Administration (EIA),

Source: U.S. Energy Information Administration: World Crude Oil Prices Dollars calculated using price indices from the Department of Commerce (Bureau of Economic Analysis) Price Index calculated from the Bureau of Economic Analysis, National Economic Accounts

Source: Earth Policy Institute, 2007 Eco-Economy Indicators,

Source: Energy Information Administration, International Energy Annual 2004

Source: Carbon Dioxide Information Analysis Center (CDIAC),

HISTORICAL AND PROJECTED CO 2 EMISSIONS

CARBON STABILIZATION SCENARIOS (450 and 550 ppm) Source: Adapted from IPCC, Climate Change 2001: The Scientific Basis,