We study the transition between non renewable and renewable energy sources with adjustment costs over the production capacity of renewable energy. Assuming constant variable marginal costs for both energy sources, convex adjustment costs and a more expensive renewable energy, we show the...

We study the transition between non renewable and renewable energy sources with adjustment costs over the production capacity of renewable energy. Assuming constant variable marginal costs for both energy sources, convex adjustment costs and a more expensive renewable energy, we show the...

This paper reviews the impact of the literature in depletable resources and energy economics over the period 1973-98, particularly the period of publication of the Journal of Environmental and Management, 1974-98. A discussion of prominent policy issues in this arena provided, along with an...

The identification of the forces that drive oil stock prices is extremely important given the size of the Oil&Gas industry and its links with the energy sector and the environment. In the next decade oil companies will have to deal with international policies to contrast climate change. This...

Since oil is a non-renewable resource with a high environmental impact, and its most common use is to produce combustibles for electricity, reliable methods for modelling electricity consumption can contribute to a more rational employment of this hydrocarbon fuel. In this paper we apply the...

There is controversy surrounding so-called 'weak sustainability measures'which attemp to measure sustainability according to current chages in manufactured and natural capital. In the framework of a dynamic control model, these measures are related to the rate of change of the utility of a...

The paper considers the process of discovery for subsoil resources, including both hard minerals and hydrocarbons and estimates its magnitude in recent years, as derived from the sum of extraction and changes in proven reserves. Spurred on by technology change and strong market conditions,...

This study computes and analyzes the total-factor energy efficiency (TFEE) of 11 industries in 14 developed countries during the period of 1995-2005 using the data envelopment analysis (DEA) approach. There are four inputs: labor, capital stock, intermediate inputs other than energy, and energy....

Strom als eine in Deutschland besonders CO2-intensive Energieform spielt beim Klimaschutz eine herausragende Rolle. Im Jahr 2009 war die Stromerzeugung für fast die Hälfte der deutschen CO2-Emissionen des Energiebereichs verantwortlich. Die Erzeugung von Energie basiert nach wie vor in allen...

Der beschlossene Ausstieg aus der Kernenergie und die ehrgeizigen Klima-schutzziele erfordern einen Umbau des Stromerzeugungssystems in Deutschland. Rainer Friedrich, Universität Stuttgart, geht der Frage nach, welche Stromerzeugungstechniken in einem zukünftigen Stromerzeugungssystem...