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Global Energy and CO2 to the Year 2050

Abstract:
One of the important by-products of the combustion of fossil fuelsis carbon dioxide (C02), a nontoxic, colorless gas with a faintly pungent odor and acid taste. Carbon dioxide is not commonly thought of as apollutant. Rather, COs plays an important role in the determination of the global climate. The presence of C02 in the atmosphere produces a "greenhouse effect," allowing incoming sunlight to penetrate but trapping heatradiated back from earth. Man's ability to significantly affect COs levels through use of fossil fuel gives rise to the possibility of climate change atunprecedented rates.

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Energy Specializations: Energy Access – Sustainable Development and Distributed Energy; Energy and the Environment – Climate Change and Greenhouse Gases

JEL Codes: Q41: Energy: Demand and Supply; Prices, Q40: Energy: General, Q35: Hydrocarbon Resources, Q54: Climate; Natural Disasters and Their Management; Global Warming, Q38: Nonrenewable Resources and Conservation: Government Policy

Keywords: Carbon dioxide emissions, Greenhouse effect, Climate change, Energy

DOI: 10.5547/ISSN0195-6574-EJ-Vol4-No3-3

Published in Volume 4, Number 3 of the bi-monthly journal of the IAEE's Energy Economics Education Foundation.

 

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