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La economía vasca ante el techo del petróleo: una primera aproximación

Author

Listed:
  • Iñaki Arto Olaizola

    (Universidad del País Vasco)

  • Christian Kerschner

    (Universidad Autónoma de Barcelona)

Abstract

Enough arguments exist to be able to state that we are nearing the maximum limit of petrol extraction. This means that in the short or medium term the price of petrol of petrol will rise hopelessly in the global crisis. Determined characteristics of the Basque economy such as its energetic dependence, energetic intensity and transport of some of the most representative sectors, the supremacy of transport via road or the links of the activity of determined sectors of products whose demand is especially sensitive to the price of petrol represent a serious of threats in a scenario of energy shortage. The transcendence and imminence of the goal which we confront requires immediate collective action from the Basque society. The elaboration of a vulnerability analysis is needed, as too is a crash plan, not forgetting a transition strategy towards a post-coal society.

Suggested Citation

  • Iñaki Arto Olaizola & Christian Kerschner, 2009. "La economía vasca ante el techo del petróleo: una primera aproximación," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 71(02), pages 84-113.
    • Handle: RePEc:ekz:ekonoz:2009205
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    More about this item

    Keywords

    peak oil; energy crisis; Basque Country;
    All these keywords.

    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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