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Global Energy and CO2 to the Year 2050

Author

Listed:
  • Joe Edmonds
  • John Reilly

Abstract

One of the important by-products of the combustion of fossil fuels is carbon dioxide (C02), a nontoxic, colorless gas with a faintly pungent odor and acid taste. Carbon dioxide is not commonly thought of as a pollutant. Rather, COs plays an important role in the determination of the global climate. The presence of C02 in the atmosphere produces a "green-house effect," allowing incoming sunlight to penetrate but trapping heatradiated back from earth. Man's ability to significantly affect COs levels through use of fossil fuel gives rise to the possibility of climate change atunprecedented rates.

Suggested Citation

  • Joe Edmonds & John Reilly, 1983. "Global Energy and CO2 to the Year 2050," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 21-48.
  • Handle: RePEc:aen:journl:1983v04-03-a03
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    Cited by:

    1. Dobes Leo & Jotzo Frank & Stern David I., 2014. "The Economics of Global Climate Change: A Historical Literature Review," Review of Economics, De Gruyter, vol. 65(3), pages 281-320, December.
    2. W. J. McKibbin & T. J. Bok, "undated". "The Impact on the Asia-Pacific Region of Fiscal Policy of the United States and Japan," Discussion Papers 120, Brookings Institution International Economics.
    3. Carolyn Fischer & Richard D. Morgenstern, 2006. "Carbon Abatement Costs: Why the Wide Range of Estimates?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 73-86.
    4. Kenneth Gillingham & William D. Nordhaus & David Anthoff & Geoffrey Blanford & Valentina Bosetti & Peter Christensen & Haewon McJeon & John Reilly & Paul Sztorc, 2015. "Modeling Uncertainty in Climate Change: A Multi-Model Comparison," NBER Working Papers 21637, National Bureau of Economic Research, Inc.
    5. Holtz-Eakin, Douglas & Selden, Thomas M., 1995. "Stoking the fires? CO2 emissions and economic growth," Journal of Public Economics, Elsevier, vol. 57(1), pages 85-101, May.
    6. Gunnar Luderer & Zoi Vrontisi & Christoph Bertram & Oreane Y. Edelenbosch & Robert C. Pietzcker & Joeri Rogelj & Harmen Sytze Boer & Laurent Drouet & Johannes Emmerling & Oliver Fricko & Shinichiro Fu, 2018. "Residual fossil CO2 emissions in 1.5–2 °C pathways," Nature Climate Change, Nature, vol. 8(7), pages 626-633, July.
    7. Boone, Laurence & Hall, Stephen & Kemball-Cook, David, 1996. "Endogenous technical progress in fossil fuel demand: The case of France," Journal of Policy Modeling, Elsevier, vol. 18(2), pages 141-155, April.
    8. Kaiser, Harry M., 1991. "Climate Change And Agriculture," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 20(2), pages 1-13, October.
    9. Bosetti, Valentina & Marangoni, Giacomo & Borgonovo, Emanuele & Diaz Anadon, Laura & Barron, Robert & McJeon, Haewon C. & Politis, Savvas & Friley, Paul, 2015. "Sensitivity to energy technology costs: A multi-model comparison analysis," Energy Policy, Elsevier, vol. 80(C), pages 244-263.
    10. Fisher, Brian S. & Tulpule, Vivek & Brown, Stephen, 1998. "The climate change negotiations: the case for differentiation," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 42(1), pages 1-15.
    11. Edmonds, Jae & Wise, Marshall & Barns, David W, 1995. "Carbon coalitions : The cost and effectiveness of energy agreements to alter trajectories of atmospheric carbon dioxide emissions," Energy Policy, Elsevier, vol. 23(4-5), pages 309-335.
    12. Kelly, David L. & Kolstad, Charles D., 1999. "Bayesian learning, growth, and pollution," Journal of Economic Dynamics and Control, Elsevier, vol. 23(4), pages 491-518, February.
    13. Persson, Urban & Münster, Marie, 2016. "Current and future prospects for heat recovery from waste in European district heating systems: A literature and data review," Energy, Elsevier, vol. 110(C), pages 116-128.
    14. DALE S. Rothman & DUANE Chapman, 1993. "A Critical Analysis Of Climate Change Policy Research," Contemporary Economic Policy, Western Economic Association International, vol. 11(1), pages 88-98, January.
    15. Lint Barrage, 2019. "The Nobel Memorial Prize for William D. Nordhaus," Scandinavian Journal of Economics, Wiley Blackwell, vol. 121(3), pages 884-924, July.
    16. Ma, Chunbo & Hailu, Atakelty & You, Chaoying, 2019. "A critical review of distance function based economic research on China’s marginal abatement cost of carbon dioxide emissions," Energy Economics, Elsevier, vol. 84(C).

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    JEL classification:

    • F0 - International Economics - - General

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