Energy Challenges for Sustainable Development: How to Avoid a Collapse ?
Gaël Giraud
Revue d’économie du développement, 2015, vol. 23, issue HS, 5-17
Abstract:
Energy makes a much more substantial contribution to economic growth than most conventional macro-economic approaches acknowledge. This issue is all the more crucial since several ?weak signals? (of varying degrees) suggest that time is running out for a number of Southern countries to eradicate poverty and prepare their populations to deal with the damage done by both the depletion of natural resources and climate change. Unless a decisive shift towards circular economies occurs, the prospect that Southern societies could collapse and Northern societies could face long-term impoverishment can no longer be ruled out. JEL Classification: O13, Q01, Q54.
Keywords: energy; sustainable development; depletion; peak oil; collapse; EROI (search for similar items in EconPapers)
JEL-codes: O13 Q01 Q54 (search for similar items in EconPapers)
Date: 2015
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