skip to main content
OSTI.GOV title logo U.S. Department of Energy
Office of Scientific and Technical Information

Title: Efficient use of energy resources

Abstract

Few problems facing mankind today rival the importance of using the earth's exhaustible energy resources efficiently. The fundamental economic question is: how fast should we consume our low-cost resources, which, most efficiently, should be used before our more expensive resources. A set of forecasts and evaluations of the market - determined the economically efficient paths of energy production and consumption over time is presented. Quantitative estimates are developed through the use of a model, describing the efficient and market-determined allocations of energy resources over time under a number of scenarios. Scenarios are also structured to evaluate issues related to the environmental costs of energy use, particularly the buildup of atmospheric carbon dioxide, which could lead to major climatic changes over the next 200 years if market forces are unchecked. The basic theory of markets for depletable resources precedes the discussions of the findings from the model and the analysis of alternative energy technology development decisions. 64 reference, 24 figures, 40 tables.

Authors:
Publication Date:
OSTI Identifier:
5246359
Resource Type:
Book
Resource Relation:
Related Information: Cowles Foundation Monograph 26
Country of Publication:
United States
Language:
English
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; 54 ENVIRONMENTAL SCIENCES; ENERGY SOURCE DEVELOPMENT; ENERGY EFFICIENCY; ENERGY SOURCES; ALLOCATIONS; CARBON DIOXIDE; DEMAND FACTORS; ECONOMETRICS; ENERGY CONSUMPTION; ENVIRONMENTAL IMPACTS; MARKET; RESOURCE CONSERVATION; CARBON COMPOUNDS; CARBON OXIDES; CHALCOGENIDES; ECONOMICS; EFFICIENCY; OXIDES; OXYGEN COMPOUNDS; 291000* - Energy Planning & Policy- Conservation; 290200 - Energy Planning & Policy- Economics & Sociology; 530100 - Environmental-Social Aspects of Energy Technologies- Social & Economic Studies- (-1989); 500200 - Environment, Atmospheric- Chemicals Monitoring & Transport- (-1989)

Citation Formats

Nordhaus, W D. Efficient use of energy resources. United States: N. p., 1979. Web.
Nordhaus, W D. Efficient use of energy resources. United States.
Nordhaus, W D. Mon . "Efficient use of energy resources". United States.
@article{osti_5246359,
title = {Efficient use of energy resources},
author = {Nordhaus, W D},
abstractNote = {Few problems facing mankind today rival the importance of using the earth's exhaustible energy resources efficiently. The fundamental economic question is: how fast should we consume our low-cost resources, which, most efficiently, should be used before our more expensive resources. A set of forecasts and evaluations of the market - determined the economically efficient paths of energy production and consumption over time is presented. Quantitative estimates are developed through the use of a model, describing the efficient and market-determined allocations of energy resources over time under a number of scenarios. Scenarios are also structured to evaluate issues related to the environmental costs of energy use, particularly the buildup of atmospheric carbon dioxide, which could lead to major climatic changes over the next 200 years if market forces are unchecked. The basic theory of markets for depletable resources precedes the discussions of the findings from the model and the analysis of alternative energy technology development decisions. 64 reference, 24 figures, 40 tables.},
doi = {},
journal = {},
number = ,
volume = ,
place = {United States},
year = {1979},
month = {1}
}

Book:
Other availability
Please see Document Availability for additional information on obtaining the full-text document. Library patrons may search WorldCat to identify libraries that hold this book.

Save / Share: