Energy and Economic Growth: Why we need a new pathway to prosperity (Paperback) book cover

Energy and Economic Growth

Why we need a new pathway to prosperity

By Timothy J. Foxon

© 2018 – Routledge (Supplementary (DRM-Free))

188 pages | 15 B/W Illus.

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Description

Access to new sources of energy and their efficient conversion to provide useful work have been key drivers of economic growth since the industrial revolution. Western countries now need to transform their energy systems and move away from the single-minded pursuit of economic growth in order to reduce our carbon emissions, and to allow the environmental space for other countries to develop in a more sustainable way. Achieving this requires understanding of the dynamics of economic and industrial change with appreciation of the dependence of economies on ecological systems.

Energy and Economic Growth thus examines the links between three issues: history of energy sources, technologies and uses; ecological challenges associated with the current dominant economic growth paradigm; and the future low carbon energy transition to mitigate human-induced climate change. Providing a historical understanding of the relevant connections between physical, social and economic changes, the book enables the reader to better understand the connection between their own energy use and global economic and environmental systems, and to be able to ask the right questions of our political and business leaders.

This is a valuable resource for students, scholars and policy makers with an interest in energy, climate change and economic thinking.

Table of Contents

Part I: Key issues

1. Introduction – Challenges of climate change and economic growth.

2. What is energy and why is it important for the economy?

3. Assessing the role of energy in long-term industrial change.

Part II: Long waves of energy-industrial change

4. Pre-industrial energy systems.

5. The first industrial revolution – water and steam power.

6. Electrification and the rise of oil.

7. Rise of the consumer society.

Part III: Implications for economic development

8. Energy and economic growth – a positive feedback system.

9. Insights for a low carbon energy transformation.

Part IV: Future challenges

10. Future energy pathways and issues.

11. Economic growth and beyond.

12. Can we rise to the challenge?

About the Author

Timothy J. Foxon is Professor of Sustainability Transitions at SPRU (Science Policy Research Unit), University of Sussex, UK. He previously held academic and research positions on sustainability and innovation at the University of Leeds, University of Cambridge and Imperial College London. He has a PhD in theoretical physics from the University of Cambridge.

About the Series

Routledge Studies in Energy Transitions

Considerable interest exists today in energy transitions. Whether one looks at diverse efforts to decarbonize, or strategies to improve the access levels, security and innovation in energy systems, one finds that change in energy systems is a prime priority.

Routledge Studies in Energy Transitions aims to advance the thinking which underlies these efforts. The series connects distinct lines of inquiry from planning and policy, engineering and the natural sciences, history of technology, STS, and management. In doing so, it provides primary references that function like a set of international, technical meetings. Single and co-authored monographs are welcome, as well as edited volumes relating to themes, like resilience and system risk.

Key focus areas: socio-technical systems, resilience and sustainability, security and safety, innovation, governance, market design, access, low-carbon development

Dr. Kathleen Araújo is the Director of the Energy Policy Institute with the Center for Advanced Energy Studies, a consortium of public universities, Idaho National Laboratory, and industry. She is also an Associate Professor in the School of Public Service at Boise State University, where she specializes in policy and innovation systems associated with energy transitions and industrial development.

If you are interested in submitting a proposal for this series, please contact Hannah Ferguson, Editor for Environment and Sustainability: Hannah.Ferguson@tandf.co.uk

Series Advisory Board

Morgan Bazilian, Columbia University, Center for Global Energy Policy (US)

Thomas Birkland, North Carolina State University (US)

Aleh Cherp, Central European University (CEU, Budapest) and Lund University

Mohamed El-Ashry, UN Foundation

Jose Goldemberg, Universidade de Sao Paolo (Brasil) and UN Development Program, World Energy Assessment

Michael Howlett, Simon Fraser University (Canada)

Jon Ingimarsson, Landsvirkjun, National Power Company (Iceland)

Michael Jefferson, ESCP Europe Business School

Jessica Jewell, IIASA (Austria)

Florian Kern, University of Sussex, Science Policy Research Unit and Sussex Energy Group (United Kingdom)

Derk Loorbach, DRIFT (Netherlands)

Jochen Markard, ETH (Switzerland)

Nabojsa Nakicenovic, IIASA (Austria)

Martin Pasqualetti, Arizona State University, School of Geographical Sciences and Urban Planning (US)

Mark Radka, UN Environment Programme, Energy, Climate, and Technology

Rob Raven, Utrecht University (Netherlands)

Roberto Schaeffer, Universidade Federal do Rio de Janeiro, Energy Planning Program, COPPE (Brasil)

Miranda Schreurs, Technische Universität Mūnchen, Bavarian School of Public Policy (Germany)

Vaclav Smil, University of Manitoba and Royal Society of Canada (Canada)

Benjamin Sovacool, Science Policy Research Unit (SPRU), University of Sussex, UK

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUS072000
BUSINESS & ECONOMICS / Development / Sustainable Development
POL044000
POLITICAL SCIENCE / Public Policy / Environmental Policy