The energy-population conundrum and its possible solution
Physics and Society
2016-10-25 v1
Abstract
Oil prices above $100/barrel values have proven unaffordable for the world economy, while lower prices have proven unaffordable for unconventional oil sources, resulting in a frantic price swing since 2007-2008. We identify and combine for the first time the competing dynamics of oil price, economic growth and extraction costs in a single model aiming to evaluate the near-term consequences of these dynamics onto forthcoming oil supply. Policies able to cope with the consequences of the resulting energy scenario are suggested in the conclusions.
Cite
@article{arxiv.1610.07298,
title = {The energy-population conundrum and its possible solution},
author = {Francesco Meneguzzo and Rosaria Ciriminna and Lorenzo Albanese and Mario Pagliaro},
journal= {arXiv preprint arXiv:1610.07298},
year = {2016}
}