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Future Capital Requirements of Alternative Energy Strategies: Global Perspectives

In: Economic Growth and Resources

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  • Bruno Fritsch

    (Technische Hochschule)

Abstract

While concern about the global energy situation does not date from the quadrupling of oil prices beginning in 1973, this event certainly accelerated the number of investigations into the problems associated with long-range energy planning. Studies have focused on three major problem areas: (1) Are there limits to available energy resources? (2) Are there climatic constraints on our use of energy due to the adverse side-effects from the use of fossil fuels (emission of carbon dioxide) or from the transformation of high-grade energy into low-grade energy (waste heat emission)? (3) Will we be able to change the composition of our present energy source, now overly dependent on the fossil fuels, so that we have sufficient alternative energy sources available to compensate for the gradual exhaustion of fossil fuel resources?

Suggested Citation

  • Bruno Fritsch, 1980. "Future Capital Requirements of Alternative Energy Strategies: Global Perspectives," International Economic Association Series, in: Christopher Bliss & M. Boserup (ed.), Economic Growth and Resources, chapter 3, pages 33-48, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-16328-1_3
    DOI: 10.1007/978-1-349-16328-1_3
    as

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