Chapter 8: Optimal economic growth when CO₂ constraints are critical
by Hans W. Gottinger
International Journal of Environment and Pollution (IJEP), Vol. 17, No. 5/6, 2002

Abstract: Past analyses of optimal economic growth behaviour have neglected the constraints of fossil fuel production and the accumulation of atmospheric CO₂ having a negative impact on production and productivity, as pursued in the more general context of Chapter 7. The factors of production have been assumed to be either self-regenerating (labour) or augmentable via production (capital) or technical progress. We explore the implications of accounting explicitly for the use of fossil fuel inputs (resources), constrained by a critical CO₂ budget.

Online publication date: Mon, 14-Jul-2003

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