The Effects of Non-Renewable Energy Sources - Environmental Interactions on Intertemporal Efficiency and Intergenerational Equity

Proceedings of the 2nd International Non-Renewable Energy Sources Congress

Posted: 19 Mar 2009

See all articles by Farhad Khorrami

Farhad Khorrami

ECO College of Insurance, Allameh Tabatabai University

Date Written: December 12, 1998

Abstract

This research article is concerned with the overlap between the fields on non-renewable energy sources and environmental economics. In extracting a non-renewable energy source today, for current consumption, we are reducing the stock of that resource available for future generations. If, as depletion occurs, lower grade non-renewable energy resource is extracted then in all likelihood, environmental damage per unit of non-renewable energy source used will consequently rise for future generations. A very simple but deep question concerns the efficient and equitable trade off between present non-renewable energy sources consumption and future environmental disbenefits. This research tries to address this question and its applicabilities to the oil producing and exporting countries.

Keywords: intertemporal efficiency, intergenerational equity, non-renewable energy resources, environmental resources

JEL Classification: Q39, Q59

Suggested Citation

Khorrami, Farhad, The Effects of Non-Renewable Energy Sources - Environmental Interactions on Intertemporal Efficiency and Intergenerational Equity (December 12, 1998). Proceedings of the 2nd International Non-Renewable Energy Sources Congress, Available at SSRN: https://ssrn.com/abstract=1365130

Farhad Khorrami (Contact Author)

ECO College of Insurance, Allameh Tabatabai University ( email )

Allameh Tabatabai University
P.O Box 15715-165
Tehran, Tehran 15717-5311
Iran
98-912-143-9146 (Phone)
98-21-888336111 (Fax)

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