Abstract
The economies of the world are in the process of adjustment and transition from oil dominated energy systems towards more balanced energy systems. The nature of this process is more complex than simply characterising it as one of broadening the base of the energy system. It is one touching upon the basis of economics. A critical and necessary element is increasing both the production and the productivity of the use of energy on a worldwide scale.
The author would like to acknowledge and thank J. Wallace Hopkins, Herman Franssen and Guy Caruso for their suggestions, criticisms and comments during the preparation of this paper. All errors or omissions are the responsibility of the author. The views expressed in this paper are those of the author and are not necessarily those of the International Energy Agency.
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References
Exxon Comnany USA (1978) World Energy Outlook (Exxon)
Ibid. (1979).
Ibid. (1980).
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IEA (1978) Steam Coal— Prospects to 2000 (Paris: OECD).
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© 1987 International Economic Association
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Stanislaw, J. (1987). The Need for All Available Sources of Energy. In: Maillet, P., Hague, D., Rowland, C. (eds) The Economics of Choice between Energy Sources. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-18624-2_7
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DOI: https://doi.org/10.1007/978-1-349-18624-2_7
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