The Economics Of Energy And The Production Process
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The Economics Of Energy And The Production Process
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Author : Guido Buenstorf
language : en
Publisher: Edward Elgar Publishing
Release Date : 2004-03-25
The Economics Of Energy And The Production Process written by Guido Buenstorf and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-03-25 with Business & Economics categories.
'Guido Buenstorf's book is a splendid attempt to break new ground in the theory of production. Turning away from the ever more abstract - and theoretically empty - production function approach, he shows how changing physical constraints in the utilisation of energy systematically affect production processes in the economy. With his analysis the author challenges the value based approach to production. He outlines the contours of a richer theory, which is capable of accounting for physical and technological aspects without losing sight of their economic implications.' - Ulrich Witt, Max Planck Institute for Research into Economic Systems, Germany 'This book makes a fundamental contribution to economics, in that it deals with production theory from a perspective that integrates economics with engineering and science. It represents a far more realistic interpretation than the standard neoclassical approach and will act as a stimulus for further research in this area.' - Robert U. Ayres, INSEAD, France The economics of energy has been a contested issue over the past century. Although it has not figured prominently in mainstream economics, numerous alternative proposals have called for energy to play a more central role in economic theory. In this highly original and enlightening volume, Guido Buenstorf develops a new conceptual approach to the economics of energy which originates from recent advances in evolutionary economics.
Energy And Resource Quality
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Author : Charles A. S. Hall
language : en
Publisher:
Release Date : 1992
Energy And Resource Quality written by Charles A. S. Hall and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.
The Second Law Of Economics
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Author : Reiner Kümmel
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-06-24
The Second Law Of Economics written by Reiner Kümmel and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-06-24 with Science categories.
Nothing happens in the world without energy conversion and entropy production. These fundamental natural laws are familiar to most of us when applied to the evolution of stars, biological processes, or the working of an internal combustion engine, but what about industrial economies and wealth production, or their constant companion, pollution? Does economics conform to the First and the Second Law of Thermodynamics? In this important book, Reiner Kümmel takes us on a fascinating tour of these laws and their influence on natural, technological, and social evolution. Analyzing economic growth in Germany, Japan, and the United States in light of technological constraints on capital, labor, and energy, Professor Kümmel upends conventional economic wisdom by showing that the productive power of energy far outweighs its small share of costs, while for labor just the opposite is true. Wealth creation by energy conversion is accompanied and limited by polluting emissions that are coupled to entropy production. These facts constitute the Second Law of Economics. They take on unprecedented importance in a world that is facing peak oil, debt-driven economic turmoil, and threats from pollution and climate change. They complement the First Law of Economics: Wealth is allocated on markets, and the legal framework determines the outcome. By applying the First and Second Law we understand the true origins of wealth production, the issues that imperil the goal of sustainable development, and the technological options that are compatible both with this goal and with natural laws. The critical role of energy and entropy in the productive sectors of the economy must be realized if we are to create a road map that avoids a Dark Age of shrinking natural resources, environmental degradation, and increasing social tensions.
Revisiting The Energy Development Link
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Author : Kostas Bithas
language : en
Publisher: Springer
Release Date : 2015-12-12
Revisiting The Energy Development Link written by Kostas Bithas and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-12 with Business & Economics categories.
Unravelling the intricate relationship between economic development and energy consumption, this book proposes an innovative framework for the empirical investigation of the link between the economy and natural resources. It proposes a novel set of indicators to shed light on those aspects of the economic process and development that determine their requirements in terms of natural resources. Employing updated databases, this book presents tables and diagrams to compare the conventional and the new estimates of the linkage between energy and economic development (Energy Intensity) throughout the world, over the last 100 years. Whereas estimates based on the established framework for evaluating the link between energy resources and the economy indicate a strong decoupling trend, the new indicators follow substantially different paths which suggest a strong coupling between economic growth and energy use. These differences -which call into question the prevailing opinion of decoupling- are fundamental for the prospects of sustainability. This book provides a valuable resource for economists, energy and environmental analysts, natural resource managers and policy makers. It is also intended for students of ecological economics, sustainability studies, natural resource and energy economics.
Energy And Economic Myths
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Author : Nicholas Georgescu-Roegen
language : en
Publisher: Elsevier
Release Date : 2014-05-18
Energy And Economic Myths written by Nicholas Georgescu-Roegen and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-18 with Business & Economics categories.
Energy and Economic Myths: Institutional and Analytical Economic Essays is a collection of materials that deal with various issues and concerns in economics. The title aims to clarify the misconception in economics. The first part of the text deals with the issues in natural resources and the economics of production. Next, the selection tackles the problems in institutional economics. Part III covers the epistemological and methodological concerns in economics. The title also talks about economic theories. The book will be of great interest to economists and readers who want to enhance their understanding of economic concepts.
Energy And Time In The Economic And Physical Sciences
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Author : W. van Gool
language : en
Publisher: North Holland
Release Date : 1985
Energy And Time In The Economic And Physical Sciences written by W. van Gool and has been published by North Holland this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Science categories.
Econodynamics
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Author : Vladimir N. Pokrovskii
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-10-01
Econodynamics written by Vladimir N. Pokrovskii and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10-01 with Science categories.
In this book the theory of social production is systematically formulated in terms and concepts of classical political economy and neo-classical economics. In this way the subject becomes accessible not only to professional researchers in areas of the theory of production and economic growth, but also to the educated reader who is curious about the principles behind the functioning of a national economy. The book can be considered as an introduction for students with a background in physics, chemistry and engineering, who wish to specialize in economics. It is explained how the growth of production is connected with achievements in technological consumption of labour and energy. The theory allows one to analyse the past and the present of the social production system and to build scripts of the future progress. The book could be interesting for energy specialists who are engaged in planning and analysing production and consumption of energy carriers and determining energy policy, and for economists who want to know how energy and technology are affecting economic growth.
A Thermo Economic Approach To Energy From Waste
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Author : Anand Ramanathan
language : en
Publisher: Elsevier
Release Date : 2021-10-26
A Thermo Economic Approach To Energy From Waste written by Anand Ramanathan and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-26 with Science categories.
A Thermo-Economic Approach to Energy From Waste provides readers with the tools to analyze the effectiveness of biomass waste conversion into value-added products and how thermochemical conversion methods can be commercialized with minimum environmental impact. The book provides a comprehensive overview of biomass conversion technologies through pyrolysis, including the types of reactors available, reactor mechanisms, and the upgradation of bio-oil. Case studies are provided on waste disposal in selected favelas (slums) of Rio de Janeiro, including data on subnormal clusters and analyses of solid waste in the 37 slums of Catumbi. Step-by-step guidance is provided on how to use a life cycle assessment (LCA) approach to analyze the potential impact of various waste-to-energy conversion technologies, and a brief overview of the common applications of LCA in other geographical locations is presented, including United States, Europe, China, and Brazil. Finally, waste-to-value-added functional catalysts for the transesterification process in biodiesel production are discussed alongside various other novel technologies for biodiesel production, process simulation, and techno-economic analysis of biodiesel production. Bringing together research and real-world case studies from an LCA perspective, the book provides an ideal reference for researchers and practitioners interested in waste-to-energy conversion, LCA, and the sustainable production of bioenergy. Presents an overview of the technologies for the production of biofuels from waste via pyrolysis and gasification Provides a guide to the utilization of LCA to assess the economic and environmental impact of value-added products Describes real-world case studies on the implementation of LCA in waste-to-energy scenarios
Energy And The Wealth Of Nations
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Author : Charles A.S. Hall
language : en
Publisher: Springer
Release Date : 2018-03-05
Energy And The Wealth Of Nations written by Charles A.S. Hall and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-05 with Business & Economics categories.
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.
Economic Development And The Environmental Ecosystem
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Author : Hasan Dincer
language : en
Publisher: Springer Nature
Release Date : 2023-04-17
Economic Development And The Environmental Ecosystem written by Hasan Dincer and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-04-17 with Business & Economics categories.
This volume illustrates the relationship between environmental factors and economic development of countries from various angles. Global warming has become a problem that threatens the whole world, especially in recent years. It is known that the main reason for this is carbon emissions. On the other hand, carbon emissions generally consist of fossil fuel-based energy consumption. This situation creates very serious environmental problems. Because of this problem, the concept of carbon zero has become very popular, especially in recent years. Many countries take some actions to minimize carbon emissions. Especially in the coming years, carbon emissions will become a competitive factor for countries and businesses. In this respect, countries with low carbon emissions will be preferred more in foreign trade. In addition, businesses that do not generate carbon emissions in the production process will also gain a significant competitive advantage in international trade. The contributions take a multidimensional outlook to energy investments and offer solutions for decision-making for energy projects in risky business ecosystems.
