This book provides an introduction to the concepts and applications of environmental economics. It shows how to apply econometric methods to explain the determinants of energy consumption and pollutant emissions. Readers learn about the specific properties of energy consumption as well as the role of energy consumption in pollutant emissions. The book covers various topics and seeks to answer a few questions of general interest: what is the link between renewable energy, CO2 emissions and population growth; is there any relationship between corruption and pollutant emissions; what is the role of shadow economy and oil prices in pollutant emissions; whether or not industrial growth contributes to electricity consumption; is there any link between human development and renewable energy? The authors discuss different types of energy markets, ranging from liquid fuels and gaseous fuels to electricity. This book will serve students and practitioners as a reference for their understanding of the concepts and applications of environmental economics.