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Energy for Development: A Key to Long-Term Sustainability Read chapter Read first chapter

2012 | OriginalPaper | Chapter

Energy Resources

Author : Hans-Holger Rogner

Published in: Energy for Development

Publisher: Springer Netherlands

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Abstract

Energy resources are abundant. Their actual future availability in the market depends on a variety of constraints: production shifting to smaller deposits in increasingly harsh environments; rising exploration, production and marketing costs; excessive environmental burdens; diminishing energy ratios; and ever more stringent environmental policy and regulation. Energy demand, high prices and associated investments, innovation and technology change tend to increase flow rates to the market. Geological or other natural constraints will not impede the availability of energy resources for socioeconomic development. Mobilising resources might be hampered by inertia, long decision and investment cycles, as well as market uncertainties stemming from both the supply and demand sides. Forward-looking and stable policies are required to avoid abrupt supply and price fluctuations, and to mobilise the necessary investments for a socially optimal, long-term pathway for using energy resources that will foster sustainable development.

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Metadata
Title
Energy Resources
Author
Hans-Holger Rogner
Copyright Year
2012
Publisher
Springer Netherlands
Book
Energy for Development

Print ISBN: 978-94-007-4161-4

Electronic ISBN: 978-94-007-4162-1

Copyright Year: 2012

DOI
https://doi.org/10.1007/978-94-007-4162-1_12