Government Failure - Wood Energy Schemes and Climate Change
An interesting BBC article here that suggests that some ostensibly environmentally-friendly advice has turned out to be exactly the opposite. In this instance, the suggestion that the use of wood pellets, or biomass, isn't as environmentally-friendly as used to be thought.
In fact, the latest Chatham House research suggests that such schemes could be environmentally unfriendly - a clear case of informational failure resulting in inefficient outcomes, not least because governments introduced subsidies for biomass, potentially increasing rather than reducing carbon emissions.
Read the research report from Chatham House
Subscribe to email updates from the tutor2u Economics
Join 1000s of fellow Economics teachers and students all getting the tutor2u Economics team's latest resources and support delivered fresh in their inbox every morning.
You can also follow @tutor2uEconomics on Twitter, subscribe to our YouTube channel, or join our popular Facebook Groups.
Job board
A-level Teacher (FT/PT)
Winland Academy Ltd, London
- Economics
- In the News
- Government Failure
- Information Failure
- Market Failure
- Environmental economics
- Natural capital
- External Cost
Graham Watson
Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.
Your Might Also Like
From the Blog
More In the News
-
WOW! ECONOMICS 2018/19
It's back! WOW! Economics 2018/19 features a brand new collection of teaching & learning resources, approaches and inspiration for ALL Economics teachers!
-
Essential A Level Economics in Year 1
This course is designed to support non-specialist, inexperienced or newly-qualified teachers of A Level Economics.
Popular Content
-
Theory of the Firm Example Essays (Volume 1) for A Level EconomicsTheory of the Firm Example Essays (Volume 1) for A Level Economics
- SKU: 02-4130-30016-03
-
Printed Edition
-
Student personal license
- £5.00
Added to your Shopping Cart!
Theory of the Firm Example Essays (Volume 1) for A Level Economics
- SKU: 02-4130-30016-03
-
Printed Edition
- £5.00
-
AQA A Level Economics Revision Flashcards - Markets and Market FailureAQA A Level Economics Revision Flashcards - Markets and Market Failure
- SKU: 02-4130-30071-03
-
Printed Edition
-
Student personal license
- £10.00 (+VAT)
Added to your Shopping Cart!
AQA A Level Economics Revision Flashcards - Markets and Market Failure
- SKU: 02-4130-30071-03
-
Printed Edition
- £10.00 (+VAT)
Teaching Vacancies
-
Economics Teacher 5 days left to apply
Oundle School, Oundle, Northamptonshire
-
Examiner - GCE A Level - Politics (2017 new specification)
Pearson, Home based
-
A-level Teacher (FT/PT)
Winland Academy Ltd, London
-
Examiner - GCE A Level - Business Studies (2016 Specification)
Pearson, Home based
- Browse all jobs ›
Advertise your vacancies with tutor2u
Much cheaper & more effective than TES or the Guardian. Reach the audience you really want to apply for your teaching vacancy by posting directly to our website and related social media audiences.