Abstract
We argue that economic growth during the last five decades was made possible, among other things, by a massive substitution process within the fossil fuel sector. Today, however, the strong dependence on fossil energy sources represents one of the most important obstacles for sustainable growth and, therefore, this dependence is a challenge for strategic management in firms and governmental institutions alike. Thus, a gradual but persistent substitution of renewable energy sources for fossil energy sources is required. We indicate how such a substitution process could be modeled and draw some policy and management conclusion.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Aghion, P./ Howitt, P. (1998): Endogenous Growth Theory, MIT Press: Cambridge (Mass.).
Bazart, C. (2008): Deregulation under Environmental Constraints: Concentration, Horizontal Integration und Renewable Diversification in Energy Markets, in: Bazart, C./ Böheim M. (Eds.), Network Industries between Competition and Regulation, Berlin: LIT Verlag, 99–125.
Bazart, C./ Pickhardt, M. (2003): Natural Gas Market Restructuring in France and Germany: A Comparison, in: Pickhardt, M./ Rommel, K. (Eds.), Competition Policy on Energy Markets, Berlin: VWF, 39–60.
COM (1988): The Internal Energy Market, Luxembourg, Office for Official Publications of the European Communities, 238 final.
COM (2000): A Sustainable Europe for a Better World: A European Union Strategy for Sustainable Development, Luxembourg, Office for Official Publications of the European Communities, 769 final.
COM (2001): Proposal for a directive of the European Parliament and of the Council amending directives 96/92/EC and 98/30/EC concerning common rules for the internal market in electricity and natural gas, Luxembourg, Office for Official Publications of the European Communities, 125 final.
COM (2002): “Intelligent Energy for Europe” Programme (2003–2006), Luxembourg, Office for Official Publications of the European Communities, 162 final.
Enriquez Marchal, C. (2006): Radioactive Material Transport: General Overview of a Peculiar Cargo, in: Pickhardt, M./ Sarda Pons, J. (Eds.), Perspectives on Competition in Transportation, Berlin: LIT Verlag, 113–139.
European Biodiesel Board (2007): Statistics, available online at: http://www.ebb-eu.org.
European Commission (2000): The European Union’s Oil Supply, Luxembourg, Office for Official Publications of the European Communities.
European Commission (2001a): Green Paper — Towards a European strategy for the security of energy supply, Luxembourg, Office for Official Publications of the European Communities.
European Commission (2001b): White Paper — European transport policy for 2010: time to decide, Luxembourg, Office for Official Publications of the European Communities.
European Commission (2008): European Energy and Transportation — Trends to 2030, Luxembourg, Office for Official Publications of the European Communities.
European Energy Exchange (EEX) (2003): Results Spot Market 2002, Leipzig.
European Wind Energy Association (2003): Wind Force 12, Brussels.
Decision No 1254/96/EC of the European Parliament and of the Council of 5 June 1996 laying down a series of guidelines for trans-European energy networks, Luxembourg, Office for Official Publications of the European Communities.
Directive 96/92/EC of the European Parliament and of the Council of 19 December 1996, Official Journal of the European Union, Brussels: European Parliament.
Directive 98/30/EC of the European Parliament and of the Council of 22 June 1998, Official Journal of the European Union, Brussels: European Parliament.
Directive 2003/30/EC of the European Parliament and of the Council of the European Union, Official Journal of the European Union, Brussels: European Parliament.
Directive 2003/54/EC of the European Parliament and of the Council of the European Union, Official Journal of the European Union, Brussels: European Parliament.
Directive 2003/55/EC of the European Parliament and of the Council of the European Union, Official Journal of the European Union, Brussels: European Parliament.
Directive 2003/96/EC of the European Parliament and of the Council of the European Union, Official Journal of the European Union, Brussels: European Parliament.
International Energy Agency (2002): Renewables Information 2002, Paris.
Kuhn, T./ Pickhardt, M. (2008): Biofuels, Innovations, and Endogenous Growth, in: Cantner, U./ Greiner, A./ Kuhn, T./ Pyka, A. (Eds.), New Developments in Schumpetarian Economics, Cheltenham: Edward Elgar (forthcoming).
Mitchell, D. (2008): A Note on Rising Food Prices, preliminary draft, Washington.
Niederprüm, M./ Pickhardt, M. (2002a): Electricity Transmission Pricing: The German Case, in: Atlantic Economic Journal, 30, 136–147.
Niederprüm, M./ Pickhardt, M. (2002b): German Natural Gas Market Deregulation: A Never Ending Story?, in: Esser, C./ Stierle M. H. (Eds.), Current Issues in Competition Theory and Policy, Berlin, 241–259.
OECD (2008): Economic Assessment of Biofuel Support Policies, Paris.
Pahl, G. (2005): Biodiesel — Growing a New Energy Economy, Chelsea Green Publishing: White River Junction.
Pickhardt, M. (2005): Energy Policy, in: van der Hoek, M. Peter (Eds.), Handbook of Public Administration and Policy in the European Union, New York: CRC Press (Taylor & Francis), 489–500.
Pittel, K./ Amigues, J.-P./ Kuhn T. (2005): Long-Run Growth and Recycling: A Material Balance Approach, INRA Working Paper, University of Toulouse.
Editor information
Rights and permissions
Copyright information
© 2008 Gabler | GWV Fachverlage GmbH, Wiesbaden
About this chapter
Cite this chapter
Kuhn, T., Pickhardt, M. (2008). Energy and Sustainable Growth. In: Götze, U., Lang, R. (eds) Strategisches Management zwischen Globalisierung und Regionalisierung. Gabler. https://doi.org/10.1007/978-3-8349-8067-0_9
Download citation
DOI: https://doi.org/10.1007/978-3-8349-8067-0_9
Publisher Name: Gabler
Print ISBN: 978-3-8349-1293-0
Online ISBN: 978-3-8349-8067-0
eBook Packages: Business and Economics (German Language)