This report, first published in 1977, explores several different approaches to the same question; namely, how severe will be the impact on key U.S. macro-economic variables of the transition from main reliance on oil and natural gas to other sources of energy? This book will be of interest to students of economics and environmental studies.
Table of Contents
Preface; Acknowledgements; ETA-MACRO: A Model of Energy-Economy Interactions; The Long-Term Economic and Environmental Consequences of Phasing Out Nuclear Electricity; Economic, Energy and Environmental Consequences of Alternative Energy Regimes: An Application of the RFF/SEAS Modeling System; A General Equilibrium Two-Sector Energy Demand Model; Energy-Economy Interactions: The Fable of the Elephant and the Rabbit?; What Have We Learned from These Scenarios?