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Energy Challenges for Sustainable Development: How to Avoid a Collapse ?

Author

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  • Gaël Giraud

Abstract

Energy makes a much more substantial contribution to economic growth than most conventional macro-economic approaches acknowledge. This issue is all the more crucial since several ?weak signals? (of varying degrees) suggest that time is running out for a number of Southern countries to eradicate poverty and prepare their populations to deal with the damage done by both the depletion of natural resources and climate change. Unless a decisive shift towards circular economies occurs, the prospect that Southern societies could collapse and Northern societies could face long-term impoverishment can no longer be ruled out. JEL Classification: O13, Q01, Q54.

Suggested Citation

  • Gaël Giraud, 2015. "Energy Challenges for Sustainable Development: How to Avoid a Collapse ?," Revue d’économie du développement, De Boeck Université, vol. 23(HS), pages 5-17.
  • Handle: RePEc:cai:edddbu:edd_hs03_0005
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    More about this item

    Keywords

    energy; sustainable development; depletion; peak oil; collapse; EROI;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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