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That is, the rebound effect is usually less than 100%. However, at the macroeconomic level, more efficient (and hence comparatively cheaper) energy leads to faster economic growth, which increases energy use throughout the economy. Saunders argued that taking into account both microeconomic and macroeconomic effects, the technological progress ...
The Coal Question; An Inquiry Concerning the Progress of the Nation, and the Probable Exhaustion of Our Coal Mines is a book that economist William Stanley Jevons wrote in 1865 to explore the implications of Britain's reliance on coal. [1] [2] Given that coal was a finite, non-renewable energy resource, Jevons raised the question of sustainability.
Coal seam fires may burn underground for decades, threatening destruction of forests, homes, roadways and other valuable infrastructure. The best-known coal-seam fire may be the one which led to the permanent evacuation of Centralia, Pennsylvania, United States. [39] Approximately 75 Tg/S per year of Sulfur Dioxide (SO 2) is released from ...
As early as 1865, W.S. Jevons expressed his concern about the eventual depletion of coal resources in his book The Coal Question. One of the best known early attempts to work on the economics of exhaustible resources (incl. fossil fuel) was made by H. Hotelling, who derived a price path for non-renewable resources, known as Hotelling's rule. [4]
The raw energy resources include for example coal, unprocessed oil & gas, uranium. In comparison, the refined forms of energy include for example refined oil that becomes fuel and electricity. Energy resources may be used in various different ways, depending on the specific resource (e.g. coal), and intended end use (industrial, residential, etc.).
The perpetual resource concept is a complex one because the concept of resource is complex and changes with the advent of new technology (usually more efficient recovery), new needs, and to a lesser degree with new economics (e.g. changes in prices of the material, changes in energy costs, etc.).
[17] [10] In the first quarter of 2012, the use of coal for electricity generation declined substantially more, 21% from 2011 levels. According to the U.S. Energy Information Administration, 27 gigawatts of capacity from coal-fired generators is to be retired from 175 coal-fired power plants between 2012 and 2016. [18]
The energy policy of China regarding coal and coal in China are the most important factors regarding the future of coal-fired power stations, because the country has so many. [84] According to one analysis local officials overinvested in coal-fired power in the mid-2010s because central government guaranteed operating hours and set a high ...