Energy and the Wealth of Nations

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SKU:
9781441993977
SUBTITLE:
understanding the biophysical economy
ISBN-10 DIGIT:
ISBN-13 DIGIT:
9781441993977
STANDARD NUMBER:
AUTHOR-1:
Charles A.S. Hall
AUTHOR-2:
Kent A. Klitgaard
AUTHOR-3:
AUTHOR-4:
AUTHOR-5:
PUBLISHER-1:
PUBLISHER-2:
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DISTRIBUTOR:
SUBJECT/CATEGORY-4:
COPYRIGHT/PUBLICATION DATE:
2012
BINDING:
Hardcover
EDITION NUMBER:
SERIES:
PAGE COUNT:
407
LAST UPDATE (DATE):

In this book, concepts such as energy return on investment (EROI) provide powerful insights into the real balance sheets that drive our "petroleum economy." Hall and Lkitgaard explore the relation between energy and the wealth explosion of the 20th centry, the failure of markets to recognize or efficiently allocate diminishing resources, the economic consequences of peak oil, the EROI for finding and exploiting new oil fields, and whether alternative energy technologies such as wind and solar power meet the minimum EROI requirements needed to run our society as we know it.