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Extra resources for Economic Growth and Resources: Natural Resources

Sample text

A :Work, E: Energy, O:Heat, S:Entropy, T:Temperature) differences in tropical oceans. A kind of steam engine produces mechanical power A by extracting heat Q 1 from the surface layer at temperature T 1, discharging a smaller amount of heat Q 2 to deeper ocean layers at temperature T 2 • Instead of using the mechanical power to drive a generator and to transport electricity to the consumer, compressed air is produced. The compression heat, which equals A, is discharged to the deeper ocean layer at temperature T 2 • On balance, no energy has been taken from the ocean.

N egentropy consumption through capital stock is one of the two main activities in an economy, the other is the immediate use of goods and services, generally aggregated as consumption of non-durables. VI. 6 without running into problems of inconsistency. 8: 1 25000 5000 Solar photovolt. thermoelectr. +electrolysiS' acosts are estimated for a split electric/non-electric secondary energy supply as of today. bMean value Western Europe, based on [30]; as large discrepancies exist between different sources, this figure is more an indicator than a weighted average.

This corresponds for example to the present policy targets of the US) and that the supply of this additional energy requirement will be covered by nuclear energy. 3 (last line), if one assumes a gradual replacement (rather than sudden, as assumed in our scenario) of the energy supply by nuclear energy. One remark has to be made in reference to the apparently 'impossible' consequences for the OPEC countries of scenarios (a) and (b). We have relied on the official statistics. 2 billion US$. 3 billion$ for all OPEC countries.

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