The social net benefit of energy investments differs from private profitability by the value of environmental damages, among other things. Estimates of damages associated with greenhouse gas emissions are obtained from the literature, ranging from $15 to $64 (C$ 2004) per tonne of carbon. These values are shown to be equivalent to $2 to $8 per barrel of crude oil obtained from Canada's oil sands, based on emissions intensities of Suncor Energy Inc. It is estimated that taking these costs into account would lower the social net benefit of Suncor's oil sands production for 20042005 by a central value of 18 percent.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 33 (2007) Issue (Month): 4 (December) Pages: 419-440 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF
Contact details of provider: Postal: University of Toronto Press Journals Division 5201 Dufferin Street Toronto, Ontario, Canada M3H 5T8 Email: Web page: http://economics.ca/cpp/
For technical questions regarding this item, or to correct its listing, contact: (Prof. Werner Antweiler).
Related research
Keywords:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.: