Property Rights in a Social and Ecological Context: Case Studies and Design Applications, Volume 94

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Susan Hanna, Mohan Munasinghe
World Bank Publications, Jan 1, 1995 - Business & Economics - 206 pages
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The collection of papers in the book Property Rights and the Environment: Social and Ecological Issues, (6) and this companion volume examine the relationships between people, the environment, and property rights and the ways in which a given social and ecological context affects those relationships. The papers are products of a research program at the Royal Swedish Academy of Sciences, Stockholm. The main objective of the program was to convene social scientists and natural scientists to address research questions in their full social and ecological dimensions.The program's participants addressed five general issues related to property rights and the environment: (1) the design of governance systems for sustainability; (2) the relationship between equity, stewardship, and environmental resilience; (3) the use of traditional knowledge in resource management, (4) the mechanisms that link people to their environments, and (5) the role played by population and poverty. This volume presents case studies that address questions of design application in those five areas.(6) Also available: Property Rights and the Environment: Social and Ecological Issues. (ISBN 0-8213-3415-8) Stock No. 13415.

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Page 16 - ... (ERC). Defined in terms of a specific amount of a particular pollutant, the certified emissions reduction credit can be used to satisfy emission standards at other (presumably more expensive to control) discharge points controlled by the creating source or it can be sold to other sources. By making these credits transferable, the EPA...
Page 100 - It is defined here as a cumulative body of knowledge and beliefs, handed down through generations by cultural transmission, about the relationship of living beings (including humans) with one another and with their environment [Berkes, 1993b].
Page 5 - The environmental view of sustainable development focuses on the stability of biological and physical systems. Of particular importance is the viability of subsystems that are critical to the global stability of the overall ecosystem. Protection of biological diversity is a key aspect. Furthermore, 'natural...
Page 5 - meeting the needs of the present generation without jeopardizing the ability of future generations to meet their needs," must be elaborated further, for practical application (World Commission on Environment and Development 1987).
Page 16 - Following a survey of the technological options of control, the control authority selects a favored control technology and calculates the amount of discharge reduction achievable by that technology as the basis for setting the emission or effluent standard. Technologies yielding larger amounts of control (and hence supporting more stringent standards...
Page 17 - Prior to this policy no new firms were allowed to enter nonattainment areas on the grounds they would interfere with attaining the ambient standards. By introducing the offset policy EPA allowed economic growth to continue while insuring progress toward attainment. The bubble policy receives its unusual name from the fact that it treats multiple emission points controlled by existing emitters...
Page 63 - Jenkins of the World Environment and Resources Program of the John D. and Catherine T. MacArthur Foundation.
Page 16 - In the limited space permitted by this paper only a few highlights can be illustrated. All of the details of the proofs and the empirical work can be found in the references listed at the end of the paper. For a comprehensive summary of this work see Tietenberg...
Page 25 - This is an important finding because it provides the motivation for introducing a reform program; the potential social gains (in terms of reduced control cost) from breaking away from the status quo are sufficient to justify the trouble. Although the estimates of the excess costs attributable to a...
Page 17 - ... review process (including the need to acquire offsets) so long as any net increase in emissions (counting any ERCs earned elsewhere in the plant) is below an established threshold. Insofar as it allows firms to escape particular regulatory requirements by using ERCs to remain under the threshold which triggers applicability, netting is more properly considered regulatory relief than regulatory reform. Emissions banking allows firms to store certified ERCs for subsequent use in the offset, bubble...

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About the author (1995)

An outstanding authority and author in energy economics and international development, Mohan Munasinghe received his undergraduate education in engineering at Cambridge University and went on to McGill University, receiving a Ph.D. in electrical engineering in 1973. He then turned his attention to economics, receiving an M.A. at Concordia College (Montreal) in 1975. Since that year, he has been division chief for environmental policy at the World Bank in Washington, D.C. His work at the World Bank has related to projects in developing countries concerning energy, electricity, transportation, water, urban infrastructures, and telecommunications. He has been a prolific author, writing nearly 200 technical papers and numerous books and monographs. In addition, Munasinghe has been active in the affairs of his native country, Sri Lanka, where he has served as senior energy advisor to the president, a board member of the Natural Resources, Energy, and Science Authority, governor of the Arthur Clarke Center for Modern Technologies, and founder of the Energy Managers Association. He is a fellow of the National Academy of Sciences of Sri Lanka, the Institution of Electrical Engineers (UK), and the Institute of Engineers of Sri Lanka. Munasinghe's honors include the Surha Gold Medal, 1985 (Lions International); International Award, 1987 (International Association of Energy Economists); and the Prize for Outstanding Contribution, 1988 (Fifth Latin American and Caribbean Conference on Power and Energy).

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