| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 244884 | Applied Energy | 2010 | 10 Pages |
Abstract
The historical and deductive merits for an explicit energy-based economic growth formulation are presented. Parameters in the formulation are successfully calibrated to empirical data and a range of forecasts is made for global economic growth potential to 2050, based on a plausible case of energy availability. The results demonstrate the vital importance of energy security and lead to the conclusion that the current socio-economic paradigm may not be sustainable.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Willem P. Nel, Gerhardus van Zyl,