Environmental Economics Essay -- Environment, Renewable Energy

IntroductionWith the rampant deterioration of the environment taking place, panic striking and scandalizing environmental issues like global warming and greenhouse solvent making banner headlines in our news papers and bulletins. Entire world is busy in devising energy reforms that can save the planet from plunging plentiful into the pit of destruction and catastrophe. In order to counter the looming energy crisis that is engulfing the world, research scientists all over the world are busy brainstorming their ageing heads in order to devise reliable energy systems, which can prove effective in resolving environmental disasters. (Costanza, 1991) In order to achieve this objective, substantial come near has been made in the form of accentuating greater usage for energy production and consumption by making use of renewable energy resources which do non undergo exhaustion unlike conventional resources of energy such as coal, oil and natural gas. Another reason due to which the signi ficance of renewable resources has reached strange levels is the economic feasibility involved and it is due to this importance a new discipline of environmental economic science has invaded the ecological mainstream this century. According to the National Bureau of frugal Research the environmental economics is the science of empirical and theoretical studies which studies the effect of national or local environmental policies around the world it further deals with the economic aspects of environmental policies through cost benefit analysis and ways to counter the rising threat of air pollution, global warming and water quality. As utter earlier, progress on the development and the subsequent extraction of energy benefits from such resources is in pro... ...ncy than gasoline. (Sorenson 2005) ReferencesKosltad D. Charles Environmental Economics Second Edition, 2010Vegiroglu T. Nejat, Schur, Dmitry Hydrogen Material Science and degree Celsius Nanomaterials Kluwer Academic 200 4Freudenberger, Richard Alcohol A guide to making Ethanol a Renewable Fuel Aztext instancy 2009Sorenson, Bent Hydroegn and Fuel Cells Emerging Technologies and Applications Academic Press 2005Costanza, Robert Ecological Economies the Science and Management of Sustainability Columbia University Press 1991Olah A. George, Goeppert Alain, Surya.G.K Beyond Oil and Gas the Methanol Economy Wiley-VCH 2009Mathew, Sathyajit Wind Energy Fundamentals, resource analysis and economics Birkhauser 2006Beene, John Nickel Beta decay as driver for LENR 8 June 2010http//www.mail-archive.com/vortex-leskimo.com/msg39328.html