Recent contributions have questioned whether biofuels policies actually lead to emissions reductions, and thus lower climate costs. In this paper we make two contributions to the literature. First, we study the market effects of a renewable fuel standard. Opposed to most previous studies we...

We analyze the optimal accumulation of renewable energy (backstop) generating capacity in a capital-energy economy with exhaustible fossil fuels. The analysis rests upon graphical illustrations of optimal control considerations. Due to the exhaustibility of fossil fuels the relative...

This paper presents a macroeconomic approach to sustainable growth. After clarifying the concept of sustainability, the interdependence between natural resources and accumulated capital stocks such as physical, human, and knowledge capital is discussed. The conditions for the substitution...

The purpose of this paper is to survey the contributions to economic growth theory. We focus on the basic models and literature that link resource economic and economic growth, in order to reveal the main differences on how the different aspects are incorporated into growth models. As economic...

In this paper we discuss the influence of using different production functions on modeling the resource extraction rates and economic growth. The focus is set on the modeling of the production sector, which requires either non-renewable resources, renewable resources or a combination of both...

Recent contributions have questioned whether biofuels policies actually lead to emissions reductions, and thus lower climate costs. In this paper we make two contributions to the literature. First, we study the market effects of a renewable fuel standard. Opposed to most previous studies we...

The aim of this paper is to present the economic problems of the spatial environmental services in the emerging economy of sustainable development. Its theory has interdisciplinary bases. It is taking into account the achievements of many scientific fields, including spatial management,...

The paper includes presentation and discussion of the results of empirical studies (content analysis) carried out by analysis of the density transfer of the materials published in scientific journal 'Problemy Ekorozwoju/ Problems of Sustainable Development' (PoSD). During five years of...

European Recovery and a turn into a 'new economy' in Europe are hampered by the Washington Consensus and the large disparities between the Member States. Europe 2020 Strategy neglects both dimensions and continuous to apply the basic principles of economic policy of the Lisbon Strategy. Emerging...

Economic activity has an enormous influence on the environment. Enterprises contribute to the progressing degradation of existing ecosystems, cause serious threats to the biological diversity of our planet, emit hazardous pollutants and use available natural resources excessively, which can lead...