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The External Cost of European Crude Oil Imports

Andrea Bigano, Mariaester Cassinelli, Fabio Sferra, Lisa Guarrera, Sohbet Karbuz (), Manfred Hafner, Anil Markandya and Stale Navrud
Authors registered in the RePEc Author Service: Sohbet Odalari

No 50362, Sustainable Development Papers from Fondazione Eni Enrico Mattei (FEEM)

Abstract: This paper is the first to assess operational and probabilistic externalities of oil extraction and transportation to Europe on the basis of a comprehensive evaluation of realistic future oil demand-supply scenarios, of the relative relevance of import routes, of the local specificities in terms of critical passages and different burdens and impacts along import routes. The resulting externalities appear reasonable both under the assumption of high future demand and under low demand. Estimates range from 2.32 Euro in 2030 in the low demand scenario to 2.60 Euro in 2010 in the high demand scenario per ton of imported oil.

Keywords: Resource; /Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 42
Date: 2009
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Citations: View citations in EconPapers (1)

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https://ageconsearch.umn.edu/record/50362/files/13-09.pdf (application/pdf)

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Working Paper: The External Cost of European Crude Oil Imports (2009) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:feemdp:50362

DOI: 10.22004/ag.econ.50362

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