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Course Project Tiago Domingos Tel: 21 841 91 63, Ext. 3163 Rui Mota Tel. 21 841 94 40, Ext. 3440 November 2011 Environmental.

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Presentation on theme: "Course Project Tiago Domingos Tel: 21 841 91 63, Ext. 3163 Rui Mota Tel. 21 841 94 40, Ext. 3440 November 2011 Environmental."— Presentation transcript:

1 Course Project Tiago Domingos Tel: , Ext Rui Mota Tel , Ext November 2011 Environmental Economics M.Sc. Environmental Engineering

2 General Aims of the Course Project Establish the connection between theory and practice Develop capacities for autonomous work Develop capacities for writing technical and scientific documents

3 Specific Aims of the Course Project Obtain and discuss –Estimates of economic benefits –Estimates of economic costs Discuss alternative policies to reach the social optimum –Command and control –Taxes/subsidies –Permits –Reference technologies Discuss the ethical implications of different policies

4 Case Study: The Cereal Steppe of Castro Verde Costs and benefits –Improve and update the calculation of the costs of soil erosion, in Marta- Pedroso et al. (2007a) –Analyse, interpret and use the Contingent Valuation Methods in Marta- Pedroso et al. (2007b) Build

5 Additional Material on Managing Externalities Understand the social optimum based on pollution abatement –Pearce and Kerry Turner, Section 6.5 – Pollution Charges and Abatement Costs Understand private solution to the management of externalities –Pearce and Kerry Turner, Chapter 5 – The Market Achievement of Optimal Pollution

6 Ethical Discussion on Externalities Kant, Utilitarianism, Libertarianism, Rawls –Who should pay for pollution? –Which mechanisms should be applied? Sandel, What is Justice –Read chapters 2, 3, 5, 6 (available on the course website) –See the videos for chapters 1, 2, 3, 5, 6 on YouTube

7 Formalities The report should obey the submission rules for the journal Ecological Economics –Available on me/503305/authorinstructions Deadline for the initial version (negotiable!) –2nd January Discussion of the initial version –3rd to 6th January Deadline for the final version –7th February


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