Property rights regimes to optimize natural resource use - future CBM development and sustainability
Journal Article
·
· Natural Resources Journal
OSTI ID:21036923
- University of Calgary, Calgary, AB (Canada). Dept. of Economics
Property rights regimes that promote sustainable development in the context of coalbed methane (CBM) exploration and production recognize and optimize the value of multiple natural resources including minerals, water, flora, and fauna. Institutional mechanisms that account for and mitigate both the short- and long-term external impacts from CBM development promote sustainability. The long-term potential for a vibrant recreational and tourist economy on a particular landscape may be compromised by overly shortsighted mineral resource extraction.
- OSTI ID:
- 21036923
- Journal Information:
- Natural Resources Journal, Vol. 47, Issue 2; ISSN 0028-0739
- Country of Publication:
- United States
- Language:
- English
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