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Registros recuperados: 8
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Assessing the Risk of Oil Spills in the Mediterranean: the Case of the Route from the Black Sea to Italy 31
Bigano, Andrea; Sheehan, Paul.
Recent major spills on European coasts have highlighted the primary policy relevance for the EU of oil spills. This paper assesses the risks related to carrying oil to the EU along the route from the Russian Black Sea coast to Sicily, Italy (one of the most congested and strategically relevant European import routes). We develop a methodology based on Fault Tree Analysis, and we apply it to the most likely causes of an oil spill. We couple the resulting probabilities with data on expected spill size, types of oil carried and cleanup costs, to estimate expected costs for cleanup and loss of cargo. The route analysed appears to be a risky one; there is a “high” to “very high” risk of a spill along this route. The Turkish Straits turn out to be the major...
Tipo: Working or Discussion Paper Palavras-chave: Oil spills; Cleanup costs; Risk analysis; Environmental Economics and Policy; Q32; Q51; Q52; Q53.
Ano: 2006 URL: http://purl.umn.edu/12112
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Economy-Wide Estimates of the Implications of Climate Change: A Joint Analysis for Sea Level Rise and Tourism 31
Bigano, Andrea; Bosello, Francesco; Roson, Roberto; Tol, Richard S.J..
Climate change impacts on human life have well defined and different origins, nevertheless in the determination of their final effects, especially those involving social-economic responses, interactions among impacts are likely to play an important role. This paper is one of the first attempts to disentangle and highlight the role of these interactions. It focuses on the economic assessment of two specific climate change impacts: sea-level rise and changes in tourism flows. By using a CGE model the two impacts categories are first analyzed separately and then jointly. Comparing the results it is shown that, even though qualitatively joint effects follow the outcomes of the disjoint exercises, quantitatively impact interactions do play a significant role....
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy; Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/12022
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Energy Demand and Temperature: A Dynamic Panel Analysis 31
Bigano, Andrea; Bosello, Francesco; Marano, Giuseppe.
This paper is a first attempt to investigate the effect of climate on the demand for different energy vectors from different final users. The ultimate motivation for this is to arrive to a consistent evaluation of the impact of climate change on key consumption goods and primary factors such as energy vectors. This paper addresses these issues by means of a dynamic panel analysis of the demand for coal, gas, electricity, oil and oil products by residential, commercial and industrial users in OECD and (a few) non-OECD countries. It turns out that temperature has a very different influence on the demand of energy vectors as consumption goods and on their demand as primary factors. In general, residential demand responds negatively to temperature increases,...
Tipo: Working or Discussion Paper Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/12117
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Households’ WTP for the Reliability of Gas Supply 31
Chou, Wan-Jung; Bigano, Andrea; Hunt, Alistair; La Branche, Stephane; Markandya, Anil; Pierfederici, Roberta.
The security of natural gas supply is an important issue for all EU countries due to the region’s heavy dependence on imported supply sources and in light of energy demand for gas that is continuously increasing. Discussions have emphasised strategies for securing the supply at the macro level, e.g. diversification in supply sources, increase in storage capacity, etc. By contrast, consumers’ demand for the reliability of gas supply is rarely investigated. Hence this study was conducted to examine the economic implications associated with the security of gas supply directly to domestic consumers. Based on the choice experiment approach, household surveys were conducted in France, Italy and the UK. The results confirmed that the degree of the economic impact...
Tipo: Working or Discussion Paper Palavras-chave: Energy Security; Gas Supply; Households; Willingness to Pay; Choice Experiment; EU; Resource /Energy Economics and Policy; C35; C83; C93; D12; Q41.
Ano: 2011 URL: http://purl.umn.edu/115740
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The External Cost of European Crude Oil Imports 31
Bigano, Andrea; Cassinelli, Mariaester; Sferra, Fabio; Guarrera, Lisa; Karbuz, Sohbet; Hafner, Manfred; Markandya, Anil; Navrud, Stale.
This paper is the first to assess operational and probabilistic externalities of oil extraction and transportation to Europe on the basis of a comprehensive evaluation of realistic future oil demand-supply scenarios, of the relative relevance of import routes, of the local specificities in terms of critical passages and different burdens and impacts along import routes. The resulting externalities appear reasonable both under the assumption of high future demand and under low demand. Estimates range from 2.32 Euro in 2030 in the low demand scenario to 2.60 Euro in 2010 in the high demand scenario per ton of imported oil.
Tipo: Working or Discussion Paper Palavras-chave: Oil Transport; Externalities Oil Spills; Risk Analysis; Resource /Energy Economics and Policy; Q32; Q25; Q41; R40.
Ano: 2009 URL: http://purl.umn.edu/50362
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The Impact of Climate Change on Domestic and International Tourism: A Simulation Study 31
Bigano, Andrea; Hamilton, Jacqueline M.; Tol, Richard S.J..
We use an updated and extended version of the Hamburg Tourism Model to simulate the effect of development and climate change on tourism. Model extensions are the explicit modelling of domestic tourism and the inclusion of tourist expenditures. We also use the model to examine the impact of sea level rise on tourism demand. Climate change would shift patterns of tourism towards higher altitudes and latitudes. Domestic tourism may double in colder countries and fall by 20% in warmer countries (relative to the baseline without climate change). For some countries international tourism may treble whereas for others it may cut in half. International tourism is more (less) important than is domestic tourism in colder (warmer) places. Therefore, climate change may...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/12018
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The Linkages between Energy Efficiency and Security of Energy Supply in Europe 31
Bigano, Andrea; Arigoni Ortiz, Ramon; Markandya, Anil; Menichetti, Emanuela; Pierfederici, Roberta.
It can be argued that one way to reduce the dependence from external energy sources, is simply to reduce the demand for energy. Energy savings may thus be considered a policy priority when concerns for energy security are particularly strong. Drawing on an original econometric approach, we check whether policies and measures that affect indicators of energy efficiency performance have an analogous effect on security of supply indicators, both at the whole economy level and within the main sectors of energy use in the EU 15 countries and Norway. Our analyses show that the indicators studied are affected by a number of policies and measures; however very few of them seem able to tackle effectively and simultaneously, energy efficiency, carbon efficiency and...
Tipo: Working or Discussion Paper Palavras-chave: Energy Efficiency; Energy Security; Policy Effectiveness; Europe; Resource /Energy Economics and Policy; Q40; Q48; Q58; C33.
Ano: 2010 URL: http://purl.umn.edu/90950
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The Role of Risk Aversion and Lay Risk in the Probabilistic Externality Assessment for Oil Tanker Routes to Europe 31
Bigano, Andrea; Cassinelli, Mariaester; Markandya, Anil; Sferra, Fabio.
Oil spills are a major cause of environmental concern, in particular for Europe. However, the traditional approach to the evaluation of the expected external costs of these accidents fails to take into full account the implications of their probabilistic nature. By adapting a methodology originally developed for nuclear accidents to the case of oil spills, we extend the traditional approach to the assessment of the welfare losses borne by potentially affected individuals for being exposed to the risk of an oil spill. The proposed methodology differs from the traditional approach in three respects: it allows for risk aversion; it adopts an ex-ante rather than an ex-post perspective; it allows for subjective oil spill probabilities (held by the lay public)...
Tipo: Working or Discussion Paper Palavras-chave: Resource /Energy Economics and Policy; Risk and Uncertainty.
Ano: 2006 URL: http://purl.umn.edu/12120
Registros recuperados: 8
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