IDEAS home Printed from https://ideas.repec.org/a/aen/journl/1996v17-01-a06.html
   My bibliography  Save this article

Preserving Natural Environments on Coal Lands at Minimum Cost

Author

Listed:
  • William D. Watson

Abstract

In the U.S., about 67 billion tons of coal (27% of the nation's surface minable coal) have been placed off-limits to surface mining by the Federal Land Policy Management Act and other restrictions in order to protect the environment. By the year 2005, it is projected that this reduction in coal reserves will add about $500 million per year to the nation's energy costs. As set-aside costs grow and the locked-up coal is perceived as progressively more valuable over time, it is likely that pressure will be brought on the U. S. Department of the Interior to revise its resource management plans. As a general rule, a rational management objective is to achieve a given amount of environmental preservation at the lowest cost. This paper provides an analytic framework, namely constrained cost minimization, for implementing that objective. Examples are given for protecting sage grouse and eagle habitat.

Suggested Citation

  • William D. Watson, 1996. "Preserving Natural Environments on Coal Lands at Minimum Cost," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 91-127.
    • Handle: RePEc:aen:journl:1996v17-01-a06
    as

    Download full text from publisher

    File URL: http://www.iaee.org/en/publications/ejarticle.aspx?id=1219
    Download Restriction: Access to full text is restricted to IAEE members and subscribers.
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Terrence E. Daniel & Henry M. Goldberg, 1981. "Dynamic Equilibrium Energy Modeling: The Canadian BALANCE Model," Operations Research, INFORMS, vol. 29(5), pages 829-852, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Watson, William D. & Lin, King & Browne, Thomas, 1999. "US policy instruments to protect coal-bearing fragile lands," Resources Policy, Elsevier, vol. 25(2), pages 125-140, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gonzalo Romero Garcia & Dora Villada Castillo & Jhan Piero Rojas, 2022. "A Complete Prefeasibility Evaluation of On-Site Energy Generation Systems," International Journal of Energy Economics and Policy, Econjournals, vol. 12(2), pages 474-479, March.
    2. Boucher, Jacqueline & Smeers, Yves, 1985. "Programmation mathématique et modélisation énergétique," L'Actualité Economique, Société Canadienne de Science Economique, vol. 61(1), pages 24-50, mars.
    3. Watson, William D. & Lin, King & Browne, Thomas, 1999. "US policy instruments to protect coal-bearing fragile lands," Resources Policy, Elsevier, vol. 25(2), pages 125-140, June.
    4. John Rowse, 1991. "Discount Rate Selection and Efficiency in Allocating a Nonrenewable Resource," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 127(II), pages 245-265, June.
    5. John F. Helliwell & Mary E. MacGregor & Robert N. McRae & André Plourde, 1985. "Energy Deregulation and Uncertain World Oil Prices: What Are the Connections?," Canadian Public Policy, University of Toronto Press, vol. 11(s1), pages 479-491, July.
    6. Chung, W. & Wu, Y. June & Fuller, J. David, 1997. "Dynamic energy and environment equilibrium model for the assessment of CO2 emission control in Canada and the USA," Energy Economics, Elsevier, vol. 19(1), pages 103-124, March.
    7. Lavigne, Denis & Loulou, Richard & Savard, Gilles, 2000. "Pure competition, regulated and Stackelberg equilibria: Application to the energy system of Quebec," European Journal of Operational Research, Elsevier, vol. 125(1), pages 1-17, August.

    More about this item

    JEL classification:

    • F0 - International Economics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aen:journl:1996v17-01-a06. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: David Williams (email available below). General contact details of provider: https://edirc.repec.org/data/iaeeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.