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Sustainability 2010, 2(6), 1784-1809; doi:10.3390/su2061784
Article

Energy, Economic Growth and Environmental Sustainability: Five Propositions

Received: 1 May 2010; in revised form: 7 June 2010 / Accepted: 9 June 2010 / Published: 18 June 2010
Download PDF [251 KB, uploaded 18 June 2010]
Abstract: This paper advances five linked and controversial propositions that have both deep historical roots and urgent contemporary relevance. These are: (a) the rebound effects from energy efficiency improvements are significant and limit the potential for decoupling energy consumption from economic growth; (b) the contribution of energy to productivity improvements and economic growth has been greatly underestimated; (c) the pursuit of improved efficiency needs to be complemented by an ethic of sufficiency; (d) sustainability is incompatible with continued economic growth in rich countries; and (e) a zero-growth economy is incompatible with a fractional reserve banking system. These propositions run counter to conventional wisdom and each highlights either a "blind spot" or "taboo subject" that deserves closer scrutiny. While accepting one proposition reinforces the case for accepting the next, the former is neither necessary nor sufficient for the latter.
Keywords: rebound effect; steady-state economy; monetary reform rebound effect; steady-state economy; monetary reform
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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MDPI and ACS Style

Sorrell, S. Energy, Economic Growth and Environmental Sustainability: Five Propositions. Sustainability 2010, 2, 1784-1809.

AMA Style

Sorrell S. Energy, Economic Growth and Environmental Sustainability: Five Propositions. Sustainability. 2010; 2(6):1784-1809.

Chicago/Turabian Style

Sorrell, Steven. 2010. "Energy, Economic Growth and Environmental Sustainability: Five Propositions." Sustainability 2, no. 6: 1784-1809.


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