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Oil producer decisions on oil pricing and production can affect consumer countries' economies in ways directly affecting producers' interests. The short- and long-term evolution of oil demand in consumer economies is, of course, strongly affected by producer actions. But so also may be returns...
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Henry Rowen and John Weyant (1982) commit the classic error of trying to answer an important policy question with tools that do not fit the job. Nor does their care in attaching explicit caveats to their conclusions overcome the fact that the limitations of their approach are serious. The...
Persistent link: https://www.econbiz.de/10004984276
In its recently completed study of energy shocks, the Energy Modeling Forum (EMF) took 14 macroeconomic models and, by carefully comparing them, evaluated a number of policies for counteracting the negative impacts of an oil shock. The study provides an exceptional look at this important...
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In this Communication, we seek to clarify confusion regarding our 2010 Journal of Physics article on historical rebound effects for lighting, which showed that global energy use for lighting has experienced 100% rebound over 300 years, six continents, and five technologies. We argue that our...
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