Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2017.09.036 |
Natural resource ownership, financial gains, and governance: The case of unconventional gas development in the UK and the US | |
Harleman, Max; Weber, Jeremy G. | |
2017-12-01 | |
发表期刊 | ENERGY POLICY |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2017 |
卷号 | 111 |
文章类型 | Article |
语种 | 英语 |
国家 | USA |
英文摘要 | Who owns an area's natural resources affects the local financial gains from extraction and participation in resource governance. We develop a typology of ownership regimes using two dimensions of ownership, private versus public and local versus absentee, and apply it to unconventional natural gas development in the United Kingdom (UK) and the state of Pennsylvania in the United States. We find that local residents in Pennsylvania own 53% of the acreage leased for development and capture an estimated 8.5% of the value of production of the typical well, more than double what is expected from a well in the UK's public-absentee regime despite revenue sharing policies. The dollar amount of local payments is also larger in Pennsylvania, with the difference reflecting policies and institutions, not differences in the value of production. The Pennsylvania case provides a benchmark for public-absentee owners considering policies to direct payments to communities hosting extraction: it gives the local payments corresponding to the case where subsurface owners voluntarily negotiate lease terms with energy firms and roughly half of ownership revenues accrue locally. |
英文关键词 | Governance Natural resources Ownership Unconventional natural gas United Kingdom Pennsylvania |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000415779700029 |
WOS关键词 | SHALE GAS ; UNITED-KINGDOM ; DRINKING-WATER ; MINING SECTOR ; CONFLICT ; FRACKING ; COMMUNITIES ; EXTRACTION ; BENEFITS ; JUSTICE |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/19201 |
专题 | 气候变化 |
作者单位 | Univ Pittsburgh, Grad Sch Publ & Int Affairs, 3601 Wesley W Posvar Hall, Pittsburgh, PA 15260 USA |
推荐引用方式 GB/T 7714 | Harleman, Max,Weber, Jeremy G.. Natural resource ownership, financial gains, and governance: The case of unconventional gas development in the UK and the US[J]. ENERGY POLICY,2017,111. |
APA | Harleman, Max,&Weber, Jeremy G..(2017).Natural resource ownership, financial gains, and governance: The case of unconventional gas development in the UK and the US.ENERGY POLICY,111. |
MLA | Harleman, Max,et al."Natural resource ownership, financial gains, and governance: The case of unconventional gas development in the UK and the US".ENERGY POLICY 111(2017). |
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