Peak Energy and the Limits to China’s Economic Growth: Prospect of Energy Supply and Economic Growth from Now to 2050

Minqi Li

Working Papers from Political Economy Research Institute, University of Massachusetts at Amherst

Abstract: This working paper evaluates the prospects for China’s energy supply and its impact on economic growth between 2008 and 2050. After considering China’s domestic potential of coal, oil, and gas production, the potential of energy imports from the rest of the world, as well as potential developments of renewable and nuclear energy, the author finds that China is likely to face an insurmountable energy crisis beyond 2020. Even with optimistic assumptions, drastic declines in the economic growth rate and the eventual end of economic growth cannot be avoided.

Keywords: Peak Oil; Peak Coal; Energy Crisis; Limits to Growth; Chinese Economy (search for similar items in EconPapers)
JEL-codes: O40 O53 Q40 (search for similar items in EconPapers)
Date: 2008
References: View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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