Real Costs of Natural Resource Exploitation

Jowsey, Ernie (2006) Real Costs of Natural Resource Exploitation. Australasian Journal of Environmental Management, 13 (4). pp. 254-260. ISSN 1448-6563

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Abstract

Natural resources are usually termed either renewable or non-renewable. Renewable resources include 'biological' resources, such as fish and forests and also energy flow resources such as hydro, solar, tidal, wave and wind power. Existing economic theories concentrate on the biological renewable resources to the extent that there is no separate exolanation of the economics of the energy flow renewables. Analysing the physical and economic characteristics of natural resources enables the real costs of natural resource use to be identified, providing the basis of a single unifying theory of all resources based on their 'user costs'.

Item Type:	Article
Additional Information:	Special Issue: EIANZ Conference 2006
Subjects:	F800 Physical and Terrestrial Geographical and Environmental Sciences L100 Economics
Department:	Faculties > Engineering and Environment > Architecture and Built Environment
Depositing User:	Ernie Jowsey
Date Deposited:	26 Apr 2012 12:26
Last Modified:	13 Oct 2019 00:25
URI:	http://nrl.northumbria.ac.uk/id/eprint/6511

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