IDEAS home Printed from https://ideas.repec.org/a/sae/engenv/v1y1990i3p199-209.html
   My bibliography  Save this article

Possibilities and Limits in The Monetarisation of External Costs of Energy Use

Author

Listed:
  • Barbara Schlomann

Abstract

The use of energy leads to so-called external costs and benefits which are not covered by the present energy prices. A major part of the energy-related external costs is caused by damage from environmental pollution stemming from energy conversion and energy use. In order to internalise these costs into the energy prices (e.g. by emission standards or energy taxes), it is necessary to identify, quantify, and also monetarise them. This paper is an overview of attempts to monetarise energy-related environmental costs in the FRG, clearly showing the limited state of art in this field. Also, methodological problems of monetarisation are referred to showing different methods (damage cost approach, control cost approach, willingness-to-pay approach) which all have their specific drawbacks. One insufficiency associated with all approaches applied is the long-term impacts of environmental damage not being adequately reflected.

Suggested Citation

  • Barbara Schlomann, 1990. "Possibilities and Limits in The Monetarisation of External Costs of Energy Use," Energy & Environment, , vol. 1(3), pages 199-209, September.
  • Handle: RePEc:sae:engenv:v:1:y:1990:i:3:p:199-209
    DOI: 10.1177/0958305X9000100301
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0958305X9000100301
    Download Restriction: no

    File URL: https://libkey.io/10.1177/0958305X9000100301?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Richard F. Kosobud & Thomas A. Daly, 1984. "Global Conflict or Cooperation over the CO2 Climate Impact?," Kyklos, Wiley Blackwell, vol. 37(4), pages 638-659, November.
    2. Kosobud, Richard F & Daly, Thomas A, 1984. "Global Conflict or Cooperation over the CO2 Climate Impact?," Kyklos, Wiley Blackwell, vol. 37(4), pages 638-659.
    Full references (including those not matched with items on IDEAS)

    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. Fankhauser, Samuel & Kverndokk, Snorre, 1996. "The global warming game -- Simulations of a CO2-reduction agreement," Resource and Energy Economics, Elsevier, vol. 18(1), pages 83-102, March.
    2. Lih-Jau Wang, 1995. "Environmental capital flight and pollution tax," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 5(3), pages 273-286, April.
    3. Kohn, Robert E., 2001. "Unilateral transfer of abatement capital," Resource and Energy Economics, Elsevier, vol. 23(2), pages 85-95, April.
    4. Robert E. Kohn, 1991. "Global Pollution: A Heckscher-Ohlin-Samuelson Model of Pigouvian Taxation," Eastern Economic Journal, Eastern Economic Association, vol. 17(3), pages 337-343, Jul-Sep.
    5. Simonis, Udo E., 1996. "Klimaprotokoll - zu den Verteilungsproblemen der Weltumweltpolitik," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 37-61.

    More about this item

    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:sae:engenv:v:1:y:1990:i:3:p:199-209. 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: SAGE Publications (email available below). General contact details of provider: .

    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.