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Economic and ecologic risks within the energy sector

Carmen Georgiana Badea ()
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Carmen Georgiana Badea: Faculty of Agro-Food and Environmental Economics, The Bucharest University of Economic Studies, Romania

International Conference on Competitiveness of Agro-food and Environmental Economy Proceedings, 2015, vol. 4, 237-241

Abstract: Climate change represents a real effect of the human activity – more exactly it refers to the variability of the main weather’s features on the long term. This paper focuses on how coal and other classic energetic resources have determined global warming, leading to an increasing level of greenhouse gas emissions. Still, a difference between the classic resources and the renewable energy endowments must be mentioned, especially that they can be very vulnerable to climate change. Thus, in this study, we explore various approaches in terms of economic and ecologic risks. USA is taken more as an example. For instance, an assessment ecological risk framework is given as well as a statistical picture regarding the fuel mix for power production in The Midwest Region of the USA. However, good planning can substantially reduce the loss and risks associated with natural disasters.

Keywords: renewable energy endowments; global warming; sustainable development; ecological risks; energy system (search for similar items in EconPapers)
Date: 2015
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