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http://ssrn.com/abstract=1396686
 
 

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The External Cost of European Crude Oil Imports


Andrea Bigano


Fondazione Eni Enrico Mattei (FEEM) & Centro Euro-Mediterraneo per i Cambiamenti Climatici

Mariaester Cassinelli


Fondazione Eni Enrico Mattei (FEEM)

Fabio Sferra


Fondazione Eni Enrico Mattei (FEEM)

Lisa Guarrera


Observatoire Méditerranéen de l'Energie

Sohbet Karbuz


Observatoire Méditerranéen de l'Energie

Manfred Hafner


Fondazione Eni Enrico Mattei

Anil Markandya


Basque Centre for Climate Change (BC3); University of Bath

Stale Navrud


Norwegian University of Life Sciences (UMB) - Department of Economics and Resource Management

April 29, 2009

FEEM Working Paper No. 13.2009

Abstract:     
This paper is the first to assess operational and probabilistic externalities of oil extraction and transportation to Europe on the basis of a comprehensive evaluation of realistic future oil demand-supply scenarios, of the relative relevance of import routes, of the local specificities in terms of critical passages and different burdens and impacts along import routes. The resulting externalities appear reasonable both under the assumption of high future demand and under low demand. Estimates range from 2.32 Euro in 2030 in the low demand scenario to 2.60 Euro in 2010 in the high demand scenario per ton of imported oil.

Number of Pages in PDF File: 42

Keywords: Oil Transport, Externalities Oil Spills, Risk Analysis

JEL Classification: Q32, Q25, Q41, R40

working papers series


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Date posted: May 4, 2009  

Suggested Citation

Bigano, Andrea and Cassinelli, Mariaester and Sferra, Fabio and Guarrera, Lisa and Karbuz, Sohbet and Hafner, Manfred and Markandya, Anil and Navrud, Stale, The External Cost of European Crude Oil Imports (April 29, 2009). FEEM Working Paper No. 13.2009. Available at SSRN: http://ssrn.com/abstract=1396686 or http://dx.doi.org/10.2139/ssrn.1396686

Contact Information

Andrea Bigano (Contact Author)
Fondazione Eni Enrico Mattei (FEEM) & Centro Euro-Mediterraneo per i Cambiamenti Climatici ( email )
C.so Magenta 63
Milano, 20123
Italy
Mariaester Cassinelli
Fondazione Eni Enrico Mattei (FEEM) ( email )
Corso Magenta 63
Milan, 20123
Italy
+390252036986 (Phone)
+390252036946 (Fax)
Fabio Sferra
Fondazione Eni Enrico Mattei (FEEM) ( email )
Corso Magenta 63
20123 Milan
Italy
Lisa Guarrera
Observatoire Méditerranéen de l'Energie ( email )
France
Sohbet Karbuz
Observatoire Méditerranéen de l'Energie
France
Manfred Hafner
Fondazione Eni Enrico Mattei ( email )
Corso Magenta 63
20123 Milan
Italy
Anil Markandya
Basque Centre for Climate Change (BC3)
Gran Vía 35-2
Bilbao, Vizcaya 48009
Spain
University of Bath ( email )
Claverton Down
Bath, BA2 7AY
United Kingdom
Stale Navrud
Norwegian University of Life Sciences (UMB) - Department of Economics and Resource Management ( email )
PO Box 5033
NO-1432 Aas
Norway
Feedback to SSRN


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