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  • Ký hiệu PL/XG: 333.79 H1741
    Nhan đề: Energy and the wealth of nations :

ISBN 9783319662176
DDC 333.79
Tác giả CN Hall, Charles A. S.
Nhan đề Energy and the wealth of nations : an introduction to biophysical economics / Charles A S Hall; Kent Klitgaard
Lần xuất bản Second edition
Thông tin xuất bản Cham, Switzerland : Springer, 2018
Mô tả vật lý 507 pages. : illustrations ; cm.
Tóm tắt In this updated edition of a groundbreaking text, concepts such as energy return on investment (EROI) provide powerful insights into the real balance sheets that drive our "petroleum economy." Hall and Klitgaard explore the relation between energy and the wealth explosion of the 20th century, and the interaction of internal limits to growth found in the investment process and rising inequality with the biophysical limits posed by finite energy resources. The authors focus attention on the failure of markets to recognize or efficiently allocate diminishing resources, the economic consequences of peak oil, the high cost and relatively low EROI of finding and exploiting new oil fields, including the much ballyhooed shale plays and oil sands, and whether alternative energy technologies such as wind and solar power can meet the minimum EROI requirements needed to run society as we know it. For the past 150 years, economics has been treated as a social science in which economies are modeled as a circular flow of income between producers and consumers. In this "perpetual motion" of interactions between firms that produce and households that consume, little or no accounting is given of the flow of energy and materials from the environment and back again. In the standard economic model, energy and matter are completely recycled in these transactions, and economic activity is seemingly exempt from the Second Law of Thermodynamics. As we enter the second half of the age of oil, when energy supplies and the environmental impacts of energy production and consumption are likely to constrain economic growth, this exemption should be considered illusory at best. This book is an essential read for all scientists and economists who have recognized the urgent need for a more scientific, empirical, and unified approach to economics in an energy-constrained world, and serves as an ideal teaching text for the growing number of courses, such as the authors' own, on the role of energy in society. Includes several new chapters and comprehensive updates addressing the implications of hydraulic fracturing (fracking), access to energy and social inequality, as well as climate science and planetary boundaries Integrates energy and economics by combining natural and social sciences Uses predictive tools and measures, such as EROI, to show how the economy is embedded in a biophysical world subject to scientific rules and constraints Provides a fresh approach to economics for those wondering "What's next?" after the Great Recession and continued volatility in energy prices Offers economic analysis from the real-world perspective of peak oil, high energy prices, the role of alternative energy sources, and potential environmental impacts of energy use such as climate change.
Thuật ngữ chủ đề Sustainable development
Thuật ngữ chủ đề Economic geography
Thuật ngữ chủ đề Energy policy-Economic aspects
Thuật ngữ chủ đề Environmental economics
Từ khóa tự do Engineering economy
Từ khóa tự do Energy industries
Từ khóa tự do Energy policy
Từ khóa tự do Power resources
Khoa Khoa Cơ khí - Điện - Điện tử - Ô tô
Tác giả(bs) CN Klitgaard, Kent
Địa chỉ Thư Viện Đại học Nguyễn Tất Thành
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100 |aHall, Charles A. S.
245 |aEnergy and the wealth of nations : |ban introduction to biophysical economics / |cCharles A S Hall; Kent Klitgaard
250 |aSecond edition
260 |aCham, Switzerland : |bSpringer, |c2018
300 |a507 pages. : |billustrations ; |ccm.
504 |aIncludes bibliographical references and index
520 |aIn this updated edition of a groundbreaking text, concepts such as energy return on investment (EROI) provide powerful insights into the real balance sheets that drive our "petroleum economy." Hall and Klitgaard explore the relation between energy and the wealth explosion of the 20th century, and the interaction of internal limits to growth found in the investment process and rising inequality with the biophysical limits posed by finite energy resources. The authors focus attention on the failure of markets to recognize or efficiently allocate diminishing resources, the economic consequences of peak oil, the high cost and relatively low EROI of finding and exploiting new oil fields, including the much ballyhooed shale plays and oil sands, and whether alternative energy technologies such as wind and solar power can meet the minimum EROI requirements needed to run society as we know it. For the past 150 years, economics has been treated as a social science in which economies are modeled as a circular flow of income between producers and consumers. In this "perpetual motion" of interactions between firms that produce and households that consume, little or no accounting is given of the flow of energy and materials from the environment and back again. In the standard economic model, energy and matter are completely recycled in these transactions, and economic activity is seemingly exempt from the Second Law of Thermodynamics. As we enter the second half of the age of oil, when energy supplies and the environmental impacts of energy production and consumption are likely to constrain economic growth, this exemption should be considered illusory at best. This book is an essential read for all scientists and economists who have recognized the urgent need for a more scientific, empirical, and unified approach to economics in an energy-constrained world, and serves as an ideal teaching text for the growing number of courses, such as the authors' own, on the role of energy in society. Includes several new chapters and comprehensive updates addressing the implications of hydraulic fracturing (fracking), access to energy and social inequality, as well as climate science and planetary boundaries Integrates energy and economics by combining natural and social sciences Uses predictive tools and measures, such as EROI, to show how the economy is embedded in a biophysical world subject to scientific rules and constraints Provides a fresh approach to economics for those wondering "What's next?" after the Great Recession and continued volatility in energy prices Offers economic analysis from the real-world perspective of peak oil, high energy prices, the role of alternative energy sources, and potential environmental impacts of energy use such as climate change.
541 |aSpringer
650 |aSustainable development
650 |aEconomic geography
650 |aEnergy policy|xEconomic aspects
650 |aEnvironmental economics
653 |aEngineering economy
653 |aEnergy industries
653 |aEnergy policy
653 |aPower resources
690 |aKhoa Cơ khí - Điện - Điện tử - Ô tô
700 |aKlitgaard, Kent
852 |aThư Viện Đại học Nguyễn Tất Thành
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