Search Result

Srl

Item

ID: 094233

Energy metrics for driving competitiveness of countries: energy weakness magnitude, GDP per barrel and barrels per capita / Coccia, Mario

Coccia, Mario	Journal Article
	0 Rating(s) & 0 Review(s)

Publication

2010.

Summary/Abstract

Energy metrics is the development of a whole new theoretical framework for the conception and measurement of energy and economic system performances, energy efficiency and productivity improvements with important political economy implications consistent with the best use of all natural and economic resources. The purpose of this research is to present some vital energy indicators based on magnitude and scale of energy weakness, GDP per barrel of oil that is an indicator of energy productivity and barrels (of oil) per capita that is an indicator of energy efficiency. Energy metrics can support the monitoring of energy and economic system performances in order to design effective energy strategy and political economy interventions focused on the "competitive advantage" increase of countries in modern economies.

Key Words

Energy Efficiency ; Energy Metrics ; Energy Productivity

In Basket

Export

ID: 094828

Measuring energy security: can the United States achieve oil independence / Greene, David L

Greene, David L	Journal Article
	0 Rating(s) & 0 Review(s)

Publication

2010.

Summary/Abstract

Stochastic simulation of the direct economic costs of oil dependence in an uncertain future is proposed as a useful metric of oil dependence. The market failure from which these costs arise is imperfect competition in the world oil market, chiefly as a consequence of the use of market power by the Organization of the Petroleum Exporting Countries (OPEC) cartel. Oil dependence costs can be substantial. It is estimated that oil dependence costs to the US economy in 2008 will exceed $500 billion. Other costs, such as military expenditures or foreign policy constraints are deemed to be largely derivative of the actual or potential economic costs of oil dependence. The use of quantifiable economic costs as a security metric leads to a measurable definition of oil independence, or oil security, which can be used to test the ability of specific policies to achieve oil independence in an uncertain future.

Key Words

Energy Security ; Oil Dependence ; Energy Metrics

In Basket

Export