Global Warming and Energy Demand

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  • Edition: 1st
  • Format: Nonspecific Binding
  • Copyright: 1995-01-20
  • Publisher: Routledge
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Central to the threats posed by global warming is the part played by greenhouse gas emissions. While various means of curbing them have been considered, most credence is given to some sort of price-based control.Global Warming and Energy Elasticitiesbrings together a range of current views on this subject. The contributors consider the responsiveness of energy markets to economic controls in order to assess the feasibility of reducing the emission of greenhouse gases. With the focus on global warming, they address both aggregate energy elasticities as well as those for individual fuels with different carbon contents. Moreover, in light of the long-term consequences of global warming as well as policies designed to mitigate it, this work emphasizes the importance of distinguishing between long and short-run elasticities. Other substantive issues such as the importance of the structural characteristics of the energy market and autonomous improvements in energy efficiency arediscussed. The contributors are drawn from diverse backgrounds and interests which are reflected in both the different approaches employed and the scope of the book.

Table of Contents

List of figures
List of tables
List of contributors
Introductionp. 1
Alternative approaches to estimating long-run energy demand elasticities: An application to Asian developing countriesp. 19
A survey of international energy elasticitiesp. 47
Long-run demand elasticities for gasolinep. 106
Responses of energy demand in UK manufacturing to the energy price increases of 1973 and 1979-80p. 121
Elasticities for OECD aggregate final energy demandp. 159
Modelling UK energy demandp. 172
Endogenous technological progress in fossil fuel demandp. 191
UK energy price elasticities and their implications for long-term CO[subscript 2] abatementp. 227
Price elasticity and market structure: Overcoming obstacles to final demand energy efficiencyp. 254
Rethinking the use of energy elasticitiesp. 267
Revisiting the costs of CO[subscript 2] abatementp. 283
Asymmetrical price elasticities of energy demandp. 305
Conclusionsp. 311
Bibliographyp. 314
Indexp. 327
Table of Contents provided by Blackwell. All Rights Reserved.

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