haku: @author Fisher, A. C. / yhteensä: 5
viite: 4 / 5
| Tekijä: | Fisher, A. C. |
| Otsikko: | Energy and the environment in the long term. |
| Lehti: | Energy Policy
1989 : APR, VOL. 17:2, p. 84-87 |
| Asiasana: | ENERGY ENVIRONMENT FUTURE |
| Kieli: | eng |
| Tiivistelmä: | An interesting feature of many of the environmental impacts of energy production and consumption is that they may be of very long duration, and indeed are, for all practical purposes, irreversible. Particular attention thus needs to be given to ways of evaluating distant future impacts, dealing with the uncertainty that inevitably arises, and possibly even restructuring the welfare-theoretic basis of the analysis. The policy implication that emerges from a review of recent analytical developments is to go slow, be conservative, in the sensed that indicated adjustments to a conventional benefit-cost analysis effectively increase the present value of the activities' costs. |
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