Welfare and Economy on a Planet with Limited Resources

Jørgen Nørgaard

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    The environmental problems we are facing are only symptoms of a too high throughput of materials and energy. The basic causes of this are 1)population, 2)material affluence, and 3)environmental efficiency of the technology used. The paper deals with the possibilities for adapting these three factors in order to reach a sustainable development. Especially discussed are the issues around growth and saturation in the economy. Also the substantial but after all limited option for improving the technology is outlined and discussed. A study of the option for reducing electricity consumption in Western Europe is used as a case.
    Original languageEnglish
    JournalInformación Comercial Española, Ministerio de Economia y Hacienda
    Issue number761
    Pages (from-to)145-163
    Publication statusPublished - 1997

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