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Towards Real Energy Economics: Energy Policy Driven By Life-Cycle Carbon Emission, R. Kenny, C. Law, Joshua M. Pearce
Towards Real Energy Economics: Energy Policy Driven By Life-Cycle Carbon Emission, R. Kenny, C. Law, Joshua M. Pearce
Joshua M. Pearce
Alternative energy technologies (AETs) have emerged as a solution to the challenge of simultaneously meeting rising electricity demand while reducing carbon emissions. However, as all AETs are responsible for some greenhouse gas (GHG) emissions during their construction, carbon emission “Ponzi Schemes” are currently possible, wherein an AET industry expands so quickly that the GHG emissions prevented by a given technology are negated to fabricate the next wave of AET deployment. In an era where there are physical constraints to the GHG emissions the climate can sustain in the short term this may be unacceptable. To provide quantitative solutions to this …