Energy Economics and Policy Navigating the Global Energy Market

 

This book explores the economics of energy and policy by examining recent trends in global energy markets and the social cost of war-related emissions, with a focus on the twin energy crises of recent years.

It contributes to discussions on the economics of global climate change, the social cost of carbon, carbon tax, emissions trading systems (ETS), the energy crisis during the pandemic, the Russia-Ukraine war, and the geopolitics of oil, tariffs, and trade wars—all grounded in micro and macroeconomic foundations.

As global demand rises, so does production, resulting in increased public bads and externalities. The book sheds light on externalities, the public goods problem, and emission accounting, using illustrative examples and calculations to deepen understanding of global energy supply and demand, commodity trends, energy pricing, OPEC behavior, crude oil export and import analysis, energy production patterns, and carbon footprint. It argues that traditional approaches to energy economics should be recontextualized beyond free-market philosophies.

This book will appeal to students, researchers, and scholars engaged in debates on current developments. It covers carbon accounting—a vital tool in estimating an organization’s emissions—with illustrations of Scope 1, 2, and 3 emissions, Net Zero targets, energy finance, and recent innovations.

The Rural to Urban Transition in Developing Countries Urbanisation and Peri-Urban Land Markets

 

Increasing urbanisation and industrial development are occurring at the expense of shrinking forest cover and agricultural land in South Asia. Various land uses compete with each other, reducing forests and farmlands. This book addresses urbanisation and peri-urban land markets, with a special focus on Bangalore, one of the fastest growing cities in South Asia.

It contributes to historic perspectives on the spatial transformation of peri-urban locales, as well as providing much-needed empirical evidence. The book discusses issues related to the context of peri-urban land use, land transactions, demand supply relationships and land prices in the peri-urban land market. The steep rise in land prices of the periphery, rapid changes in land use patterns, active land transactions, growth of the real estate market and the challenge to implement efficient land use regulations are explored with the help of field evidence. Insights and challenges to land administration addressed in this book are common to other metropolitan cities, and the key message is that a separate peri-urban land policy is required for the major metropolitan cities of India and other developing countries. The book contributes to the understanding of how these spatial markets function in order to work towards an improved implementation of land policy in the context of dynamic rural-urban periphery.

As such, it will appeal to researchers, scholars and students of regional, urban and agricultural economics, economic geography, urban and regional planning and environmental science. It will also be of great interest to city planners and policy makers, action-based think tanks focused on urban governance.