Smart Markets for Water Resources

Smart Markets for Water Resources

Author: John F. Raffensperger

Publisher: Springer

Published: 2017-04-20

Total Pages: 333

ISBN-13: 331955008X

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Why is trade in wholesale water so rare, when markets can actively trade bread, tractors, and electricity? This book shows that water markets fail because of high transaction costs, resulting in inefficient allocations and unpredictable environmental effects. To overcome these obstacles, this book proposes a trading mechanism called a smart market. A smart market is an auction cleared with optimization. A smart market can reduce the transaction costs of water trading, while improving the environmental outcomes. The authors show why a smart market for water is needed, how it would work, and how to implement it. The smart market described here uses a hydrology simulation of the water resource, user bids via the internet, and mathematical optimization, to maximize the economic value of water while meeting all environmental constraints. The book provides the background to understand the smart market for water, and the detail to help the reader start working on its application. The book explores topics such as: Why water should be more expensive near sensitive environmental locations, Ways to set initial allocations of water rights, The role of regulatory oversight, The prerequisites of a water market, and How to counter objections to water markets. The culmination of a decade of investigation, this book combines explanation, examples, and detail to inform policymakers, large water users, environmental organizations, researchers, and a thirsty public.


Theory and Practice of Water and Wastewater Treatment

Theory and Practice of Water and Wastewater Treatment

Author: Ronald L. Droste

Publisher: John Wiley & Sons

Published: 2018-07-31

Total Pages: 994

ISBN-13: 1119312388

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Provides an excellent balance between theory and applications in the ever-evolving field of water and wastewater treatment Completely updated and expanded, this is the most current and comprehensive textbook available for the areas of water and wastewater treatment, covering the broad spectrum of technologies used in practice today—ranging from commonly used standards to the latest state of the art innovations. The book begins with the fundamentals—applied water chemistry and applied microbiology—and then goes on to cover physical, chemical, and biological unit processes. Both theory and design concepts are developed systematically, combined in a unified way, and are fully supported by comprehensive, illustrative examples. Theory and Practice of Water and Wastewater Treatment, 2nd Edition: Addresses physical/chemical treatment, as well as biological treatment, of water and wastewater Includes a discussion of new technologies, such as membrane processes for water and wastewater treatment, fixed-film biotreatment, and advanced oxidation Provides detailed coverage of the fundamentals: basic applied water chemistry and applied microbiology Fully updates chapters on analysis and constituents in water; microbiology; and disinfection Develops theory and design concepts methodically and combines them in a cohesive manner Includes a new chapter on life cycle analysis (LCA) Theory and Practice of Water and Wastewater Treatment, 2nd Edition is an important text for undergraduate and graduate level courses in water and/or wastewater treatment in Civil, Environmental, and Chemical Engineering.


Doubly Labelled Water

Doubly Labelled Water

Author: J. Speakman

Publisher: Springer Science & Business Media

Published: 1997-09-30

Total Pages: 420

ISBN-13: 9780412637803

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Divided into three parts, Doubly Labelled Water presents a clear and accessible account of this technique. Part One presents a general introduction to the study of animal energetics: Part Two discusses the theory behind use of doubled labellled water and Part Three evaluates the practical aspects of its use and the methodlologies required for its application.


Markets and the Environment, Second Edition

Markets and the Environment, Second Edition

Author: Nathaniel O. Keohane

Publisher: Island Press

Published: 2016-01-05

Total Pages: 328

ISBN-13: 1610916077

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"A clear grasp of economics is essential to understanding why environmental problems arise and how we can address them. ... Now thoroughly revised with updated information on current environmental policy and real-world examples of market-based instruments .... The authors provide a concise yet thorough introduction to the economic theory of environmental policy and natural resource management. They begin with an overview of environmental economics before exploring topics including cost-benefit analysis, market failures and successes, and economic growth and sustainability. Readers of the first edition will notice new analysis of cost estimation as well as specific market instruments, including municipal water pricing and waste disposal. Particular attention is paid to behavioral economics and cap-and-trade programs for carbon."--Publisher's web site.


Water Allocation and Water Markets

Water Allocation and Water Markets

Author: Robert R. Hearne

Publisher: World Bank Publications

Published: 1995-01-01

Total Pages: 102

ISBN-13: 9780821335284

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World Bank Technical Paper No. 315. Focuses on water allocation problems and the performance of water markets in improving allocation. By examining specific case studies in Chile, it demonstrates that water can no longer be treated as a free good and that better ways must be found to improve its allocation and use. The findings suggest that market transfer of water use rights in the study area produce economic gains both in intersectoral trade and trade among farmers and create rents for buyers and sellers.


Water Markets for the 21st Century

Water Markets for the 21st Century

Author: K. William Easter

Publisher: Springer

Published: 2014-07-30

Total Pages: 354

ISBN-13: 9401790817

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This book evaluates the history, the present and the future of water markets on 5 continents, beginning with the institutional underpinnings of water markets and factors influencing transaction costs. The book examines markets in seven countries and three different U.S. states, ranging from village-level water markets in Oman to basin wide formal water markets in Australia's Murray-Darling River basin. Introductory chapters on the background of water markets and on transaction costs and policy design are followed by chapter length discussion of water markets as an adaptive response to climate change and of supply reliability in a changing climate. Case studies describe a variety of facets of the design and function of markets around the world: California, Chile, Spain, Oman, Australia, Canada, India and China. In analyzing these real-world examples of markets, the contributors explore water rights and trading of rights between agricultural and urban sectors and the principles and function of option markets. They discuss different sized approaches, from large scale, ministry-level administration of markets to informal arrangements among farmers in the same village, or groups of villages which allocate water without large investment in management and infrastructure. Discussion includes questions of why water market practices have not expanded more rapidly in arid places. The book discusses mechanisms for resolving conflicts between water rights holders as well as between water right holders and third parties impacted by water trades and whether or not public ownership of water rights or use rights should trump private ownership and under what condition. Also covered are new and expanding categories of water use, beyond human consumption, agriculture and industry to new technologies ranging from extracting natural gas from shale to producing biofuels. The book concludes with suggestions for future water markets and offers a realistic picture of how they might change water use and distribution practices going forward.


Tapping Water Markets

Tapping Water Markets

Author: Terry Lee Anderson

Publisher: Routledge

Published: 2012

Total Pages: 218

ISBN-13: 1617260991

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Tapping Water Markets is about the past, present, and future of water markets. It compares water markets with political water allocation, documents the growth of water markets, and explores the ways in which water markets can be improved and implemented further. This book provides up-to-date information of where and why water shortages are occurring and where and why water markets are evolving to resolve conflicting water uses. Though the main focus is on the United States, it includes examples from other parts of the world to show how water markets are beginning to thrive. It contains institutional detail that is accessible to people who are not economic or hydrologic experts, and comes alive with numerous examples and case studies of water markets. The book begins with an analysis of water institutions as they have varied over time and location. It then covers a range of discrete water management topics including surface water allocation, groundwater management, environmental flows, and water quality trading. The book concludes with predictions about the future of water scarcity and the ability of water markets to shape that future more positively.


Water Markets

Water Markets

Author: Wheeler, Sarah A.

Publisher: Edward Elgar Publishing

Published: 2021-08-27

Total Pages: 288

ISBN-13: 1788976932

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Exploring water scarcity issues in light of the growing crisis in global water management, this book examines the applicability of water markets. It provides an overview and understanding of the presence of water markets across the globe, analysing the ways in which different countries and regions are grappling with water scarcity.


Project Finance in Theory and Practice

Project Finance in Theory and Practice

Author: Stefano Gatti

Publisher: Academic Press

Published: 2012-08-22

Total Pages: 495

ISBN-13: 0123919460

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Stefano Gatti describes the theory that underpins this cutting-edge industry, and then provides illustrations and examples from actual practice to illustrate that theory.