Taxation of uranium mining ventures in Saskatchewan: A policy assessment

The basic objective of this paper is to present a policy assessment of the Saskatchewan Uranium Royalty (SUR). This scheme, as enacted on 1 August 1976, was designed to be an integral part of the province's rent appropriation and economic development strategy. Before the tax regime is addressed directly an overview is given of the resource policy environment within which the impost was developed.     

Petroleum exploitation and contract terms in developing countries after the oil price collapse

In resource taxation the critical fiscal requirement is a scheme which performs the twin functions of ensuring that projects which are viable on a pre-tax basis remain so post-tax, and that the host government obtains a reasonable share of the economic rent. Royalty, income tax, production-sharing and the resource rent tax are examined in the light of their efficiency at meeting these two criteria. The resource rent tax is probably the most appropriate fiscal instrument because this tax permits a threshold rate of return to be earned before the tax becomes payable. One drawback is that during the early years of a project the host government may receive little or no revenue. An advance resource rent tax can be used to eliminate this shortcoming. A further problem is the disincentive to exploration which can be produced.     

Taxation of uranium mining in Canada and Australia

The objective of this paper is to compare the nature of the taxation schemes facing uranium mine operators in Australia's Northern Territory and in Canada's Province of Saskatchewan. The findings demonstrate that, although the Canadian system appropriates up to 85% of incremental sales revenue, it is extremely sensitive to industry profitability. Its Australian counterpart is, in contrast, a regressive scheme which, at the current selling price of yellowcake, captures a significantly larger proportion of available economic rent.     

Efficient management of marine resources in conflict: An empirical study of marine sand mining, Korea

This article develops a dynamic model of efficient use of exhaustible marine sand resources in the context of marine mining externalities. The classical Hotelling extraction model is applied to sand mining in Ongjin, Korea and extended to include the estimated marginal external costs that mining imposes on marine fisheries. The socially efficient sand extraction plan is compared with the extraction paths suggested by scientific research. If marginal environmental costs are correctly estimated, the developed efficient extraction plan considering the resource rent may increase the social welfare and reduce the conflicts among the marine sand resource users. The empirical results are interpreted with an emphasis on guidelines for coastal resource management policy.     

Cross-achievements between policies for drinking water protection

Environmental dynamics have important spatial dimensions, which calls for a spatial approach in policy analyses. Further to this, assessing agri-environmental policies involves analyses of individual measures as well as their combined effects on farmer behaviour and the environment. The integration of an economic behavioural model in a spatial framework has enabled analyses of a geographically targeted subsidy scheme for drinking water protection in combination with a uniform tax on commercial nitrogen fertilizer. Results show that policy measures for reducing nitrogen use can have combined effects (cross-achievements), thereby affecting each other's cost-effectiveness. Cross-achievements between a nitrogen fertilizer tax and a subsidy scheme based on elicitation are shown not to be additive, making partial analyses of policy measures more uncertain.     

South African gold mining taxation : An example of a resource rent tax

Theoretically, a resource rent tax is neutral in that it does not influence the allocation of resources. However, the application of such fundamental principles in the tax formula of the South African gold mining industry negates the neutrality principle. A progressive element in the tax rate encourages mining of submarginal ores - leads to misallocation of resources. However, it substantially reduces the financial risks of a mining company engaged in the extraction of a commodity characterized by price volability, such as gold, and permits economies of scale in mining and encourages conservation of a non-renewable resource. As long as prices increase faster than costs, the advantages of this system probably exceed the disadvantages. The choice of the threshold rate in such a tax system is critical. If it is too high it will encourage mining of submarginal ores, and if too low it does not recognize the peculiar risks of gold mining investments.     

Critical analysis of the waste management performance of two uranium production units in Brazil--part I: Poços de Caldas production centre

Waste management strategies in mining projects will depend to a large extent on the characteristics of the operational process, the type of ore and prevailing socio-environmental conditions, amongst other issues. The expenditures required by the management scheme and the implementation of remediation programs will be determined by the extent that the above issues were considered in the planning phase of the project. Several works have been published in the literature concerning the analysis of waste management programs and environmental impacts associated with uranium projects around the world. However, the vast majority do not report a comprehensive assessment integrating the various relationships among operational process, environmental impact, remediation strategy and costs. This study, divided into two papers, presents a detailed critical analysis of the waste management strategies adopted in two uranium production centres in Brazil, i.e., the Poços de Caldas Project (Part I) and the Caetité Project (Part II). The operational processes are described and the environmental impacts of the generated wastes as well as the adopted management strategies and costs are examined. Also, in Part II, a comparison between both production centres is made emphasizing the impacts of environmental and social-economical issues on the overall assessment.     

Provincial development plans in Zimbabwe: an analysis of their content,structure and methodology

Zimbabwean provincial plans were instituted to help in the achievement of the national goal of the creation of an egalitarian, socialist and integrated society. The national goal itself was adopted as an antithesis to the dualist society characterised by spatial, economic, social, politican and technological inequalities that Zimbabwe inherited from colonialism. This meant that provincial plans had to play both a functional (or growth allocating/distribution) and a territorial (or redistribution) role.

This paper reviews their role in achieving the national goal by examining their functions, content, structure and methodology. The paper concludes that because of their nature, provincial plans are not suitable tools for the achievement of the national goal.     

Doubling sockeye salmon production in the Fraser River—Is this sustainable development?

We evaluate a proposal to double sockeye salmon production from the Fraser River and conclude that significant changes will be required to current management processes, particularly the way available catch is allocated, if the plan is to be consistent with five major principles embodied in the concept of sustainable development. Doubling sockeye salmon production will not, in itself, increase economic equity either regionally or globally. Developing nations may actually be hindered in their attempts to institute other, nonsalmon fisheries in the North Pacific Ocean as a result of the possible interception of salmon. Further, other users of the Fraser River basin will have to forgo opportunities so that salmon habitat can be conserved. If doubling sockeye salmon production is to meet the goal of doing more with less, it will be necessary to develop more efficient technologies to harvest the fish. If increasing salmon production is to reflect the integration of environmental and economic decision making at the highest level, then a serious attempt must be made to incorporate environmental assets into national economic accounting. Finally, to promote biodiversity and cultural self-sufficiency within the Fraser River basin, it will be important to safeguard the small, less-productive salmon stocks as well as the large ones and to allocate a substantial portion of the increased production to the Native Indian community.     

A General Equilibrium Model of Ecosystem Services in a River Basin

This study builds a general equilibrium model of ecosystem services, with sectors of the economy competing for use of the environment. The model recognizes that production processes in the real world require a combination of natural and human inputs, and understanding the value of these inputs and their competing uses is necessary when considering policies of resource conservation. We demonstrate the model with a numerical example of the Mississippi‐Atchafalaya river basin, in which grain production in the upper basin causes hypoxia that causes damages to the downstream fishing industry. We show that the size of damages is dependent on both environmental and economic shocks. While the potential damages to fishing are large, most of the damage occurs from economic forces rather than a more intensive use of nitrogen fertilizers. We show that these damages are exacerbated by increases in rainfall, which will likely get worse with climate change. We discuss welfare effects from a tax on nitrogen fertilizers and investments in riparian buffers. A 3% nitrogen tax would reduce the size of the hypoxic zone by 11% at a cost of 2% of Iowa's corn output. In comparison, riparian buffers are likely to be less costly and more popular politically.     

What are the implications of human rights for minerals taxation?

This article examines the relationship between a state's taxation of mineral revenues and the human rights obligation to use ‘maximum available resources’ to further citizens' welfare. These both have implications for understanding the other but there has been little attention to their interaction.Contemporary (economic and policy) approaches to mineral taxation revolve around economic rent and providing a ‘neutral’ economic environment that does not influence investment decisions. There is no reference to human rights obligations—these are just part of the state's general responsibilities for which it can legitimately raise taxes. Taxation analysis largely ignores whether the state wants money to ensure there is adequate food for the population, or instead to stage the Miss Universe pageant.Human rights has relevance for the state's management of resources. The requirement for states to apply ‘maximum available resources’ to fulfil human rights suggests that mineral extraction (and taxation) should occur as fast as possible to be applied for the human rights of the current population A more considered analysis weighs against such a literal interpretation. Nevertheless, the requirement of using ‘maximum available resources’ to fulfil human rights has important implications for mineral taxation.     

中国独立型环境税方案设计及其效应分析

环境税是当前国家正在推进的一项重要的环境经济政策改革。本研究从分析环境税的内涵和实施基础出发,提出了我国独立型环境税税制设计方案,对污染排放税目、污染产品税目、生态保护税目和碳排放税目的具体税制要素进行了设计,测算了不同组合方案下的环境税可能收入水平。利用环境CGE模型分析了环境税征收对GDP、物价、生产、消费、贸易和要素资源配置的影响,提出了环境税的实施路线图。     

环境税对京津冀废气排放企业节能减排的影响

环境保护税作为我国第一个体现"绿色税制"的综合税种,自2018年1月1日起开始征收,环境税的顺利开征不仅实现了"费改税"的平稳过渡,更促使企业不断朝着节能减排、绿色生产的方向发展,为经济发展增加了助推器、提供了新动力,税制改革初显成效.大气污染物作为环境税征税对象,对废气排放企业产生很大的影响.通过搜集废气排放企业环境...     

我国燃油税改革效应模拟分析

经历了十几年的讨论,燃油税改革方案终于在2009年出台并实施,改革后燃油税究竟会对我国宏观经济及各部门产生怎样的影响,倍受关注.基于此背景,采用环境CGE模型对改革前后的两种不同燃油税税率进行了量化分析,总体研究得出：从长期发展来看,燃油税改革有利于我国经济结构调整,减少能源消耗和降低碳排放;短期内会增加企业生产成本,抑制宏观经济增长,其中交通运输业和石油加工业受到的冲击最大,应引起有关部门重视.     

Natural resources and the tenth five year plan: Hopes and realities

The tenth Soviet five year plan projected increased extraction of mineral resources and improved utilization of those resources. Through 1976 and 1977, actual production closely parallelled planned production in most resources. Even so, 1978 was a critical year for Soviet resources production, and may determine whether the goals of the tenth plan are achieved. Other areas of Soviet resource policy which are discussed include the drive to accelerate Siberian and far eastern development, the effort to improve capital and manpower efficiency, the attempt to improve resource use and reduce non-essential consumption, and the effort to import advanced extractive technology and capital. The article concludes with the observation that with the difficulties facing the Soviet extractive industries, the tenth plan may be the last which projects and strives for a rapid expansion of the Soviet resource base.     

Regional economic impacts of water management alternatives: the case of Devils Lake,North Dakota,USA

Devils Lake, located in a closed basin in northeastern North Dakota has over a century-long history of highly fluctuating water levels. The lake has risen nearly 25 feet (7.7 m) since 1993, more than doubling its surface area. Rising water levels have affected rural lands, transportation routes, and communities near the lake. In response to rising lake levels, Federal, state and local agencies have adopted a three-part approach to flood damage reduction, consisting of (1) upper basin water management to reduce the amount of water reaching the lake, (2) protection for structures and infrastructure if the lake continues to rise, and (3) developing an emergency outlet to release some lake water. The purpose of this study was to provide information about the net regional economic effects of a proposed emergency outlet for Devils Lake. An input-output model was used to estimate the regional economic effects of the outlet, under two scenarios: (1) the most likely future situation (MLS) and (2) a best case situation (BCS) (i.e., where the benefits from the outlet would be greatest), albeit an unlikely one. Regional economic effects of the outlet include effects on transportation (road and railroad construction), agriculture (land kept in production, returned to production sooner, or kept in production longer), residential relocations, and outlet construction expenditures. Effects are measured as changes in gross business volume (gross receipts) for various sectors, secondary employment, and local tax collections. The net regional economic effects of the proposed outlet would be relatively small, and consideration of these economic impacts would not strengthen the case for an outlet.     

Establishment of an economic evaluation model for urban recycled water

This study aimed at establishing an economic evaluation model to encourage continuing improvement in performance analysis and applying for any infrastructure system of urban recycled water. A thorough study towards characterization and economic performance assessment of urban water reuse scheme were carried out. An integrated evaluation technique was developed by synthesizing the quantitative and qualitative performance indicators related to the water recycled technology and urban water cycle system. Specific performance indicators and indexes were aggregated into an economic analytical modelling for effective evaluation of the water reuse scheme and technology using uniform economic performance standards. Detailed economic analyses were successfully applied to enable determination of economic lifetime of the technology and the whole water reuse scheme. This research confirmed that productivity, efficiency and reliability measurements and factors could be successfully deployed for determining the scheme performance during various life cycle stages (e.g. design development, operational and functional verification, or comparison with other reuse projects). The economic assessment model was applied to improve uniformity of analytical process and performance measure. This article demonstrates benefits associated with the application of a standardized methodology for performing economic assessment and by maintaining strong correlation between multi-parameter approach and adopted performance criteria in terms of productivity, efficiency and reliability. However, to ensure effectiveness of this assessment, the process would require systematic and perpetual inventory of the scheme performance data, consideration of variable factors such as capital and recurrent costs.     

The uranium and nuclear industries in China

This article reviews the available information on the uranium industry and the beginning of nuclear power in China. Few details of China's uranium industry have hitherto been published in the West. The broad conclusions reached are that China is faced with severe energy shortages for the foreseeable future; nuclear power will help to solve this problem but the timing and extent of its contribution are uncertain. The central question of civil nuclear policy is whether or not to use imported technology, although satisfactory development of the uranium industry probably will require foreign assistance. The principle conestraint in this regard is foreign exchange. To help overcome this problem the Chinese are now, for the first time, offering uranium on the international market.     

多目标规划在产业结构优化中的应用——以秦皇岛市为例

秦皇岛是缺水城市，水资源短缺已成为制约经济发展的瓶颈。合理利用水资源对经济发展意义重大。本文采用多目标规划方法，构建了秦皇岛市水资源约束条件下的产业结构优化模型，提出了秦皇岛市产业结构优化方案。     

Capital allowance schemes for mining projects in LDCs

The capital allowance structure for mining projects in developing countries affects the supply price of investment by determining the payback period, reinvestment and the timing of government receipts. Using the capital allowance structures of Sierra Leone, Tanzania, Zambia, Botswana, Papua New Guinea and Malaysia, the article develops a financial model and examines the effect of capital allowances on foreign investor and host government cash flows under various cost-price conditions. The study stresses the importance to governments of making accelerated depreciation a flexible tool to trade off against other elements in the fiscal package. From the government viewpoint, faster write-offs of capital are preferable to a tax holiday. The article places particular emphasis on evaluating the relationship between capital allowances, income tax and a rent resource tax.