Implications of fossil fuel constraints on economic growth and global warming
Abstract
Energy Security and Global Warming are analysed as 21st century sustainability threats. Best estimates of future energy availability are derived as an Energy Reference Case (ERC). An explicit economic growth model is used to interpret the impact of the ERC on economic growth. The model predicts a divergence from 20th century equilibrium conditions in economic growth and socio-economic welfare is only stabilised under optimistic assumptions that...
Paper Details
Title
Implications of fossil fuel constraints on economic growth and global warming
Published Date
Jan 1, 2009
Journal
Volume
37
Issue
1
Pages
166 - 180
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