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This book consists of a collection of articles describing the emerging and integrated area of Energy,Natural Resources and Environmental Economics. A majority of the authors are researchers doing applied work in economics, finance, and managemen science and are based in the Nordic countries. These countries have a long tradition of managing natural resources. Many of the applications are therefore founded on such examples. | 0 E. Bj M. Bjorndal p. M. Pardalos M. Rõnnqvist Editors ENERGY SYSTEMS Resources and Environmental Economics Springer Energy Systems Series Editor Panos M. Pardalos University of Florida USA For further volumes http www.springer.com series 8368 Endre Bj0rndal Mette Bj0rndal Panos M. Pardalos Mikael Ronnqvist Editors Energy Natural Resources and Environmental Economics 1 .