Ground Truth Trekking

Resources tagged with "Economics"

Issues tagged Economics

Acid Mine Drainage: Acid Seep GET PHOTO Acid Seep in Nevada source: Copyright held by photographer Summary Acid mine drainage (AMD) refers to the outflow of acidic water from a mining site. In most cases, this acid comes primarily from oxidation of iron sulfide ... [read-more]
Alaska Railroad: The Alaska railroad is a railway system which runs up through central Alaska, linking the major population and industrial centers of southcentral and interior Alaska. The mainline track stretches 470 miles, from Seward and Whittier to Fairbanks (technically a little further, ... [read-more]
Benefits of Coal: History Coal has been used as a heat or energy source throughout the world since at least the Bronze Age. Coal was an important fuel for the Romans in the West as well as in China around the same period. ... [read-more]
Coal Impacts: Every form of energy development impacts both people and the environment. However, coal creates greater negative impacts than almost any other energy source, whether fossil or renewable. These impacts take place throughout the lifecycle of coal, from mining to post-combustion ... [read-more]
Coal Taxes, Rents, and Royalties in Alaska: Resource taxes, royalties, and rents in Alaska: The direct returns to the state from raw resources in Alaska vary a lot, with oil/gas by far the highest, and metal mining the lowest. FULL FIGURE SummaryMining in Alaska, including coal mining, ... [read-more]
Exporting Alaska's Coal: Coal exports in Alaska have fallen dramatically over the last few years as prices and demand have dropped worldwide.  The primary exports in recent years were to Chile and the Pacific Rim by Usibelli Coal Mine Inc.  In 2011 Usibelli ... [read-more]
Forestry Management in Alaska: Land in Alaska is managed by the Federal government (51%), local governments (25%), Native Corporations (24%) and private landowners (0.4%).  All four of these groups own and manage tracts of Alaska forest.  Debate continues over priorities for the use and ... [read-more]
Forestry Terminology: Forestry TerminologyCertain forestry terms can be deceiving: a “productive” forest does not necessarily grow fast, a “commercial” forest is not necessarily marketable, and “old growth” trees are not necessarily large.   This article explains a few of these terms. Big tree ... [read-more]
Hydraulic Fracturing ("Fracking") in Alaska: The controversial "massive" (or high-volume) fracking has little current application in Alaska's conventional petroleum fields, but could be used to develop Alaska's smaller unconventional petroleum fields. It is currently being explored as an option by Great Bear LLC for the Great Bear ... [read-more]
Illinois Creek Gold Mine: SummaryThe Illinois Creek Mine gold and silver mine in west central Alaska operated briefly in 1997, but the mining company went bankrupt in 1998.  The state of Alaska took control of the mine in 1999 and soon after initiated a ... [read-more]
KSM Gold-Copper Prospect: KSM (Kerr-Sulpheretts Mitchell) is a series of extremely large gold-copper porphyry ore deposits in British Columbia.  Located in rugged mountainous terrain near the BC-Alaska border, the prospecting company Seabridge Gold proposes to build one of North America’s largest mines at ... [read-more]
Logging on the Tongass National Forest: Some terminology used in this article is explained in "Forestry Terminology" Old-growth stump GET PHOTO Tongass National Forest IntroductionLogging on the Tongass National Forest, the largest U.S. National Forest (considered the “crown jewel” of the National Forest system), occurs predominantly ... [read-more]
Loss-Selling in Alaska: Summary”Loss selling,” more formally known as Net Operating Loss selling (NOLs selling), was a business practice allowed previous to 1984 by which businesses could sell other businesses their financial losses for tax purposes.  It is a rubric term that encompasses ... [read-more]
Metal Mining and Alaska's Economy: Alaska’s entire mining industry produced $3.4 billion in 2013, about 6.5% of the Gross State Product. Mining (of all types) was the 5th largest industry in the state economy, after petroleum, government, fishing, and tourism/recreation. Metal Mine Economic Facts: Starred (*) items include ... [read-more]
Mining Taxes and Revenue in Alaska: (see also our companion article "Coal Taxes, Rents, and Royalties")SummaryAlaska's mineral industry was worth almost $3 billion in 2009, but paid less than 2% to state and local governments, counting all forms of taxes, fees, and royalties.  Taxes on other ... [read-more]
Peak Coal: Coal omen? GET PHOTO A raven perches on top of a coal pile near the Seward docks. Closely tied to the issue of coal resources and reserves is the idea of "peak coal" which is the analog to the well-studied ... [read-more]
Powering Large Mines in Alaska: Power in AK GET PHOTO Electrical intertie near Healy, AK Background: Powering MinesMines are enormous consumers of power, and are often a driving force for adding new electrical generation capacity and fuel-transportation infrastructure to their local areas.  Mining energy demand ... [read-more]
Rare Earth Elements (REEs): SummaryRare Earth Elements (REEs) are critical components of a wide variety of military and civilian technologies, including many "green" applications.  However, their processing and extraction has significant environmental cost. China produces virtually all the world's REEs, and recent export restrictions ... [read-more]
Subsistence: SummaryThe subsistence harvest of wild resources is important to the livelihood and culture of many Alaskans, both Native and non-Native.  Subsistence harvests of fish and game represent a significant portion of the diet in rural Alaska, and are managed with ... [read-more]
The Long-Term Socioeconomic Impact of Coal Development in Alaska: Building extensive coal infrastructure virtually ensures that a society will mine or burn larger amounts of coal in the future than it otherwise would, absent such infrastructure. This is due to the relatively low ongoing usage costs of such infrastructure, ... [read-more]
The True Cost of Coal: To the electricity customer, coal is relatively cheap. But missing from the sticker price are coal's major impacts on ecosystems, human health, and our economy. People are sickened by pollution from coal fired power plants, shortening their lives and burdening ... [read-more]
True Cost: What is "true cost"?"True cost" is the difference between the market price of a commodity and the comprehensive cost of that commodity to society.  The term is normally used to draw attention to missing or hidden costs that are not ... [read-more]
True Cost of Electricty Generation: SummaryLow price or low environmental impact, which is the priority?  Debates over energy sources often pit these two factors against each other.  But the arguments over price and impact are often missing some important information.  The nominal (sticker) price of ... [read-more]