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US carbon emissions, technological progress and economic growth since 1870

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  • Hillard G. Huntington
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    Abstract

    The long-term US experience emphasises the importance of controlling for electrification and other major technology transformations when evaluating the growth of carbon emissions at different stages of development. Prior to World War I, carbon emissions grew faster than economic growth by 2.3% per year. As electricity use expanded and steam engines became much larger, carbon emissions began to grow slower than economic growth by 1.6% per year. Adjusting to this technological shift, an expanding economy continues to increase carbon emissions by about 9% for each 10% faster growth. There is little evidence of a decline in this elasticity as the income level rises. These results suggest that the USA today will need to find additional policies to curb carbon emissions if it wishes to prevent any further increase in its per capita emissions, and if its per capita economy grows by more than 1.8% per year.

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    Bibliographic Info

    Article provided by Inderscience Enterprises Ltd in its journal Int. J. of Global Energy Issues.

    Volume (Year): 23 (2005)
    Issue (Month): 4 ()
    Pages: 292-306

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    Handle: RePEc:ids:ijgeni:v:23:y:2005:i:4:p:292-306

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    Web page: http://www.inderscience.com/browse/index.php?journalID==13

    Related research

    Keywords: global climate change; economic growth; carbon emissions; technological progress; USA; United States; economic development; carbon dioxide.;

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    Cited by:
    1. Vicente Esteve & Cecilio Tamarit, 2011. "Threshold cointegration and nonlinear adjustment between CO2 and income: the environmental Kuznets curve in Spain, 1857-2007," Working Papers 1106, Department of Applied Economics II, Universidad de Valencia.
    2. Richard S.J. Tol & Stephen W. Pacala & Robert Socolow, 2006. "Understanding Long-Term Energy Use and Carbon Dioxide Emissions in the Usa," Working Papers 2006.107, Fondazione Eni Enrico Mattei.
    3. Esteve, Vicente & Tamarit, Cecilio, 2012. "Is there an environmental Kuznets curve for Spain? Fresh evidence from old data," Economic Modelling, Elsevier, vol. 29(6), pages 2696-2703.
    4. Alaimo, Veronica & Lopez, Humberto, 2008. "Oil intensities and oil prices : evidence for Latin America," Policy Research Working Paper Series 4640, The World Bank.

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