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Energy Economics
Type: Book
ISBN: 978-1-78756-780-1

Book part
Publication date: 22 December 2016

Xu Zhang, Mingling Zhai, Yanyan Wang, Yulei Gao, Haoliang Zhao, Xiang Zhou and Jun Gao

In order to verify the feasibility of different techniques, this chapter further studies the adaptability of two massive straw biomass applications in rural areas in China.

Abstract

Purpose

In order to verify the feasibility of different techniques, this chapter further studies the adaptability of two massive straw biomass applications in rural areas in China.

Methodology/approach

The methods of assessing biomass power generation project with Life Cycle Assessment (LCA), survey and field test of one biogas station, and game-theoretic analysis are adopted.

Findings

The following conclusions can be drawn: The air pollution costs account for more than 60% of the total environmental cost, followed by depreciation expense and maintenance fee of 18%, compared to that of biomass power generation at 0.01711 CNY/kWh. The adopted greenhouse sunlight technology of Solar Biogas Plant in Xuzhou, China, raises the inside average temperature by 11.0 °C higher than outside and keeps the pool temperature above 16 °C in winter, ensuring a gas productivity of biogas project in winter up to 0.5–0.7 m3/m3 by volume. This chapter also analyzes the information cost incurred by asymmetric information in biomass power generation via game theory method and illustrates the information structure with game results. It provides not only a foundation for the policy research in promoting straw power generation but also theoretical framework to solve the problem of straw collection.

Social implications

These studies will propose solutions to relevant problems arisen in the running process.

Originality/value

These studies are all based on real cases, field research, and appropriate theoretical analyses, so, they can reduce the relevant costs and promote the application of relevant technologies.

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China and Europe’s Partnership for a More Sustainable World
Type: Book
ISBN: 978-1-78635-331-3

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Abstract

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Energy Economics
Type: Book
ISBN: 978-1-78756-780-1

Abstract

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Energy Economics
Type: Book
ISBN: 978-1-78756-780-1

Content available
Book part
Publication date: 15 November 2018

Yi-Ming Wei and Hua Liao

Abstract

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Energy Economics
Type: Book
ISBN: 978-1-78756-780-1

Abstract

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Energy Economics
Type: Book
ISBN: 978-1-83867-294-2

Abstract

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Energy Economics
Type: Book
ISBN: 978-1-78756-780-1

Book part
Publication date: 1 January 2004

John Hagel and Walter E. Grinder

This paper will develop some of the social and political implications of the Austrian theory of interventionism originally presented by Ludwig von Mises and Friedrich A. Hayek.1

Abstract

This paper will develop some of the social and political implications of the Austrian theory of interventionism originally presented by Ludwig von Mises and Friedrich A. Hayek.1 Specifically, it stresses the inherently destabilizing and retrogressive characteristics of the interventionist dynamic within a market system and argues that the dislocations produced by political intervention in the market system ultimately require the replacement of the price mechanism by a completely different system for the allocation of resources based on arbitrary political decision-making (the Zwangswirtschaft type of social organization discussed by von Mises). These points will be developed within the framework of an analytical model of the structure and dynamics of political capitalism as it has evolved historically in the U.S.

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The Dynamics of Intervention: Regulation and Redistribution in the Mixed Economy
Type: Book
ISBN: 978-0-76231-053-1

Book part
Publication date: 6 July 2015

Keith Baker

This chapter argues that the concept of metagovernance offers an alternative to multi-level governance (MLG) for understanding how policy is delivered through complex networks…

Abstract

Purpose

This chapter argues that the concept of metagovernance offers an alternative to multi-level governance (MLG) for understanding how policy is delivered through complex networks. Whereas MLG portrays the state as a diminished entity, metagovernance argues for a strong, capable state that can govern through the deployment of policy tools. The chapter identifies and evaluates how policy tools are selected to realise the strategic objectives of government.

Methodology/approach

A critical case methodology is employed. Nuclear power is held to be a most difficult test for the British government’s ability to metagovern. The empirical data was collected from in-depth qualitative interviews conducted between August 2008 and July 2013.

Findings

The chapter shows that the British government’s metagovernance efforts are informed by the risks that would-be developer face. The British government is shown to have some ability to practice metagovernance but the complexities of nuclear power and the existence of a MLG structure create risks that government cannot overcome. It is also observed that in nuclear power programmes, the risks of construction cost overruns and electricity price fluctuations have the greatest impact on the calculations of would-be developers.

Research implications

The findings offer insight into the limits of government capacity in the face of networks and claims of continued state power. The chapter links together the literature on risk and the emergent literature on metagovernance. It is shown that institutional risks in the form of political opportunism are ever present and cannot be easily overcome.

Practical implications

Government are often called upon oversee difficult projects that are delivered by commercial actors. The findings indicate how governments might approach the task and point to a need for greater sensitivity to the nature of the project itself.

Social implications

The empirical results show that to moderate risk, government has tended to adopt very technocratic policies that limit wider democratic consultation in favour of working directly with commercial actors.

Originality/value

The chapter presents a detailed analysis of government decision-making in a highly controversial area of public policy – nuclear power.

Details

Multi-Level Governance: The Missing Linkages
Type: Book
ISBN: 978-1-78441-874-8

Keywords

Book part
Publication date: 19 October 2016

Michael Watts

Using the case of the Deepwater Horizon blowout in the Gulf of Mexico in 2010, I argue that the catastrophe was less an example of a low probability-high catastrophe event than an…

Abstract

Using the case of the Deepwater Horizon blowout in the Gulf of Mexico in 2010, I argue that the catastrophe was less an example of a low probability-high catastrophe event than an instance of socially produced risks and insecurities associated with deepwater oil and gas production during the neoliberal period after 1980. The disaster exposes the deadly intersection of the aggressive enclosure of a new technologically risky resource frontier (the deepwater continental shelf) with what I call a frontier of neoliberalized risk, a lethal product of cut-throat corporate cost-cutting, the collapse of government oversight and regulatory authority and the deepening financialization and securitization of the oil market. These two local pockets of socially produced risk and wrecklessness have come to exceed the capabilities of what passes as risk management and energy security. In this sense, the Deepwater Horizon disaster was produced by a set of structural conditions, a sort of rogue capitalism, not unlike those which precipitated the financial meltdown of 2008. The forms of accumulation unleashed in the Gulf of Mexico over three decades rendered a high-risk enterprise yet more risky, all the while accumulating insecurities and radical uncertainties which made the likelihood of a Deepwater Horizon type disaster highly overdetermined.

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Risking Capitalism
Type: Book
ISBN: 978-1-78635-235-4

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