Macroeconomic, sectoral and financial dynamics in energy transitions: A stock-flow consistent, input-output approach
Andrew Jackson and
Tim Jackson
Ecological Economics, 2025, vol. 230, issue C
Abstract:
This paper develops a stock-flow consistent, input-output (SFC-IO) model that is able to simulate a number of the risks and opportunities associated with different types of transitions to net zero. In particular, the model is able to capture transition related impacts stemming from changes in: i) green investment; ii) energy return on energy invested (EROI); and iii) financial transition risks. We use this model to simulate a number of different types of energy transitions (i.e. orderly versus disorderly, anticipated versus unanticipated) to better understand the potential links and feedback effects between these different transition features and how they might generate non-linear dynamics along the transition pathway.
Keywords: Climate change; Energy transition; Transition risk; Stranded assets; Energy return on investment; Stock-flow consistent modelling; Input-output modelling (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:230:y:2025:i:c:s092180092400404x
DOI: 10.1016/j.ecolecon.2024.108507
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