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Value of sensitive in-situ environmental assets in energy resource extraction

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  • Thampapillai, Dodo J.

Abstract

The extraction of energy resources and the preservation of sensitive in-situ environmental assets are invariably mutually exclusive alternatives. The opportunity cost value of preserving the environmental assets can be assessed by recourse to resource rent taxes, and threshold values. The case study analysis carried out in this paper suggests that the preservation of these assets could be justifiable on the grounds of “acceptable sacrifice”.

Suggested Citation

  • Thampapillai, Dodo J., 2011. "Value of sensitive in-situ environmental assets in energy resource extraction," Energy Policy, Elsevier, vol. 39(12), pages 7695-7701.
    • Handle: RePEc:eee:enepol:v:39:y:2011:i:12:p:7695-7701
    DOI: 10.1016/j.enpol.2011.09.006
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    References listed on IDEAS

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    1. Emerson, Craig & Lloyd, P J, 1983. "Improving Mineral Taxation Policy in Australia," The Economic Record, The Economic Society of Australia, vol. 59(166), pages 232-244, September.
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    3. Garnaut, Ross & Clunies Ross, Anthony, 1975. "Uncertainty, Risk Aversion and the Taxing of Natural Resource Projects," Economic Journal, Royal Economic Society, vol. 85(338), pages 272-287, June.
    4. Fitzgibbons, A.J. & Hendrix, H.P., 1970. "An Economic Evaluation of the Proposed Cooloola Sand Mining Project," Economic Analysis and Policy, Elsevier, vol. 1(2), pages 58-73.
    5. CRAIG EMERSON and P. J. LLOYD, 1983. "Improving Mineral Taxation Policy in Australia," The Economic Record, The Economic Society of Australia, vol. 59(3), pages 232-244, September.
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    Cited by:

    1. Thampapillai, Dodo J. & Hansen, Jan & Bolat, Aigerim, 2014. "Resource rent taxes and sustainable development: A Mongolian case study," Energy Policy, Elsevier, vol. 71(C), pages 169-179.

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