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Comment on "Balancing Energy Supply and Demand"

While a number of energy studies assume a national or regional perspective, just a few attempt a global approach, and these are typically concerned with the implications for industrialized nations. More-over, very few published studies look at the long-term global scene as far ahead as even the year 2000 (e.g., WAES and Exxon's World Energy Outlook), and only one to my knowledge extends its perspective to 2020 (Conservation Commission of the World Energy Conferences, 1977). So the long-awaited IIASA report, (as summarized here by Paul Basile), represents a landmark.

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Energy Specializations: Energy and the Economy – Energy as a Productive Input; Energy and the Economy –Economic Growth and Energy Demand; Energy and the Economy – Resource Endowments and Economic Performance; Energy and the Economy – Energy Shocks and Business Cycles

JEL Codes: Q41: Energy: Demand and Supply; Prices, Q42: Alternative Energy Sources, Q35: Hydrocarbon Resources, Q21: Renewable Resources and Conservation: Demand and Supply; Prices, Q20: Renewable Resources and Conservation: General, Q38: Nonrenewable Resources and Conservation: Government Policy

Keywords: IIASA models, Energy supply and demand, Energy policy

DOI: 10.5547/ISSN0195-6574-EJ-Vol2-No3-3

Published in Volume 2, Number 3 of the bi-monthly journal of the IAEE's Energy Economics Education Foundation.


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