The basic features of the U.S. energy supply and utilization system change slowly that an understanding of the dynamics of major change requires projections that extend several decades. Over such a time most energy-consuming capital stock is replaced, life-styles change, and technology evolves. This study of plausible low energy futures leans heavily on detailed engineering analysis of demand by sector, combined with econometric techniques where appropriate. The results indicate that, given time for the system to respond to prices, regulations, and incentives, U.S. energy demand is very elastic. Consequently, a major slowdown in demand growth can be achieved simultaneously with significant economic growth by substituting technology sophistication for energy consumption. /Author/

  • Availability:
  • Corporate Authors:

    American University

    Development Education and Training Research Institute
    Washington, DC  United States 
  • Publication Date: 1978-4-14

Media Info

  • Features: Figures; References; Tables;
  • Pagination: p. 142-152
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00173935
  • Record Type: Publication
  • Source Agency: American Association for Advancement of Science
  • Files: TRIS
  • Created Date: May 18 1978 12:00AM