haku: @indexterm SUBSTITUTE GOODS / yhteensä: 16
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Tekijä:Chakravorty, U.
Roumasset, J.
Tse, K.
Otsikko:Endogenous substitution among energy resources and global warming
Lehti:Journal of Political Economy
1997 : DEC, VOL. 105:6, p. 1201-1234
Asiasana:ENERGY
NATURAL RESOURCES
SUBSTITUTE GOODS
GLOBAL WARMING
Kieli:eng
Tiivistelmä:This study develops a model with multiple resources and grades and multiple demands. The model is simulated with extraction cost, estimated reserves, and energy demand data for the world economy. If historical rates of cost reduction in the production of solar energy are maintained, more than 90% of the world's coal will never be used, and the world will move from oil and natural gas use to solar energy. Temperatures will rise only about 1.5-2 degrees contigrade by the middle of the next century and then decline steadily to preindustrial levels.
SCIMA tietueen numero: 171582
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