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World energy: Myths of the past and lessons of the future

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  • I. A. Bashmakov

Abstract

The analysis of recent trends in the world energy development and of long-term energy development projections helps dispel 10 myths that have been viewed as copybook maxims, yet now are a barrier to forming an adequate vision of the future and effective development strategies. Many of these myths are rooted in the inability to see how the ‘small on small scale’ becomes ‘big on big scale’ , and vice versa. Projection horizon to 2050 allows to see these metamorphoses, formulate the ‘lessons of the future’ for Russia’s economic development, and to show why Russia needs to change its economic model and switch to low-carbon development path.

Suggested Citation

  • I. A. Bashmakov, 2018. "World energy: Myths of the past and lessons of the future," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 4.
    • Handle: RePEc:nos:voprec:y:2018:id:393
    DOI: 10.32609/0042-8736-2018-4-49-75
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