G2TT
来源类型Working Papers
规范类型论文
来源IDWP-2016-003
Will We Ever Stop Using Fossil Fuels?
Thomas Covert; Michael Greenstone; and Christopher R. Knittel
发表日期2016-02
出版年2016
语种英语
摘要

Scientists believe significant climate change is unavoidable without a drastic reduction in the emissions of greenhouse gases from the combustion of fossil fuels. However, few countries have implemented comprehensive policies that price this externality or devote serious resources to developing low carbon energy sources. In many respects, the world is betting that we will greatly reduce the use of fossil fuels because we will run out of inexpensive fossil fuels (i.e., decreases in supply) and/or technological advances will lead to the discovery of less expensive low carbon technologies (i.e., decreases in demand). The historical record indicates that the supply of fossil fuels has consistently increased over time and that their relative price advantage over low carbon energy sources has not declined substantially over time. Without robust efforts to correct the market failures around greenhouse gases, relying on supply and/or demand forces to limit greenhouse gas emissions is relying heavily on hope.

JEL Codes: Q31, Q35, Q41, Q42, Q54

Keywords: Fossil fuels; alternative energy; renewables; climate change; fracking;
technological change

关键词Fossil fuels alternative energy renewables climate change fracking
URLhttp://ceepr.mit.edu/publications/working-papers/638
来源智库Center for Energy and Environmental Policy Research (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/172791
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GB/T 7714
Thomas Covert,Michael Greenstone,and Christopher R. Knittel. Will We Ever Stop Using Fossil Fuels?. 2016.
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