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Peak Energy and the Limits to China’s Economic Growth: Prospect of Energy Supply and Economic Growth from Now to 2050

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Author Info
Minqi Li
Abstract

This working paper evaluates the prospects for China’s energy supply and its impact on economic growth between 2008 and 2050. After considering China’s domestic potential of coal, oil, and gas production, the potential of energy imports from the rest of the world, as well as potential developments of renewable and nuclear energy, the author finds that China is likely to face an insurmountable energy crisis beyond 2020. Even with optimistic assumptions, drastic declines in the economic growth rate and the eventual end of economic growth cannot be avoided.

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File URL: http://www.peri.umass.edu/fileadmin/pdf/working_papers/working_papers_151-200/WP189.pdf
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Publisher Info
Paper provided by Political Economy Research Institute, University of Massachusetts at Amherst in its series Working Papers with number wp189.

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Date of creation: 2008
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Handle: RePEc:uma:periwp:wp189

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Related research
Keywords: Peak Oil; Peak Coal; Energy Crisis; Limits to Growth; Chinese Economy;

Find related papers by JEL classification:
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General

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