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

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Presentation on theme: "Environmental and Natural Resource Economics 2 nd ed. Jonathan M. Harris Data Updates for 2008 Copyright © 2008 Jonathan M. Harris."— Presentation transcript:

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

2 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: http://ase.tufts.edu/gdae/education_materials/modules.html 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: http://ase.tufts.edu/gdae/publications/textbooks/ENREupdate.html http://ase.tufts.edu/gdae/education_materials/modules.html http://ase.tufts.edu/gdae/publications/textbooks/ENREupdate.html 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 2006-2008. Some of these price changes are reflected in this update, along with recent energy use trends and projections.

3 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.

4 Source: Department of the Interior U.S. Geological Survey, http://minerals.usgs.gov/minerals/pubs/commodity/index.html

5 International Energy Agency, World Energy Outlook 2007 http://www.worldenergyoutlook.org/

6 Source: Energy Information Administration (EIA), 2007 http://www.eia.doe.gov/emeu/steo/pub/contents.html

7 Source: U.S. Energy Information Administration: World Crude Oil Prices http://tonto.eia.doe.gov/dnav/pet/hist/wtotusaw.htm http://tonto.eia.doe.gov/dnav/pet/hist/wtotusaw.htm 2000 Dollars calculated using price indices from the Department of Commerce (Bureau of Economic Analysis). 2008 Price Index calculated from the Bureau of Economic Analysis, National Economic Accounts

8 Source: Earth Policy Institute, 2007 Eco-Economy Indicators, http://www.earthpolicy.org/Indicators/Solar/2007_data.htm.

9 Source: Energy Information Administration, International Energy Annual 2004

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12 Source: Carbon Dioxide Information Analysis Center (CDIAC), http://cdiac.esd.ornl.gov/http://cdiac.esd.ornl.gov/

13 1990-2025 HISTORICAL AND PROJECTED CO 2 EMISSIONS

14 CARBON STABILIZATION SCENARIOS (450 and 550 ppm) Source: Adapted from IPCC, Climate Change 2001: The Scientific Basis, http://www.ipcc.ch/


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