The Social Cost Of Electricity Scenarios and Policy Implications

(The Fondazione Eni Enrico Mattei Series on Economics, the Environment and Sustainable Development)

Anil Markandya (Editor), Andrea Bigano (Editor), Roberto Porchia (Editor)

 

A book review by Nicholas Newman 27 January 2011

The Problem  

For both energy policy makers and energy companies involved in the decisions concerned with investing in electricity generation technologies, determining what are the various social costs of diverse technologies is often open to subjective individual evaluations. 

What is this book about? 

This book is a modern version of traditional cost benefit analysis as it is specifically applied to power generation and its application to such externalities as climate change, human health and the environment. Though the authors do admit, they do ignore the benefits that are derived from different power generation solutions, have had on individual well-being, prosperity and human advancement. http://www.oxfordprospect.co.uk/The-Social-Cost-Of-Electricity;-Scenarios-and-Policy-Implications.html

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