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World
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Sustainable Energy Economics Policy
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Sustainable Energy Economics Policy

A special issue of World (ISSN 2673-4060).

Deadline for manuscript submissions: closed (31 October 2021) | Viewed by 4442

Special Issue Editor

Prof. Dr. Jungho Baek

E-Mail Website
Guest Editor
Department of Economics, College of Business and Security Management, University of Alaska, Fairbanks, AK 99775, USA
Interests: international trade; energy economics; the economics of environment and trade and econometric modeling
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

Global energy markets and the environment in developed and developing countries have become increasingly important areas of economic research, and nowhere is this more apparent than in policy debates. New theories and empirical methods in this area have been developed to assess the values individuals and countries place on multi-facets of energy markets and the environment over the past few decades. The purpose of this Special Issue is to gather a collection of high-quality research papers covering a wide range of topics on the interactions between the economy, energy, and the environment in both developed and developing countries. Areas of particular interest include, but are not limited to, international trade, economic development, the energy–trade nexus, the energy–environment nexus, energy modeling, analyses of renewable and non-renewable resources, oil and gas industry, and energy politics. We also welcome original empirical and theoretical contributions to other aspects of economics, energy, and the environment.

Prof. Dr. Jungho Baek
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. World is an international peer-reviewed open access quarterly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1000 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • trade and energy
  • trade and the environment
  • energy and the environment
  • oil and gas
  • sustainable development

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Published Papers (1 paper)

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Research

11 pages, 1042 KiB  
Article
The All-You-Can-Eat Economy: How Never-Ending Economic Growth Affects Our Happiness and Our Chances for a Sustainable Future
by Eric Wilson and Phalguni Mukhopadhyaya
World 2020, 1(3), 216-226; https://doi.org/10.3390/world1030016 - 2 Nov 2020
Cited by 1 | Viewed by 3540
Abstract
This paper explores the relationship between energy consumption, economic growth, and life satisfaction and makes the case that economic growth as usual is no longer a desirable or sustainable policy goal. Historically, economic and social development go along with energy sector transformation and [...] Read more.
This paper explores the relationship between energy consumption, economic growth, and life satisfaction and makes the case that economic growth as usual is no longer a desirable or sustainable policy goal. Historically, economic and social development go along with energy sector transformation and total energy use. As a country develops, its use of energy increases, resource consumption increases, population booms, life expectancy rises, and overall socio-economic outcomes are improved. One might deduce then, that life satisfaction is also tightly correlated to economic development and energy consumption, but is this the case? To answer this question, current academic literature and data on the relationship between energy consumption, GDP, and quality of life were explored. The review showed a weak relationship between GDP and quality of life, a saturation relationship between energy use and social returns (social returns increase with increasing energy use to a point), and a strong relationship between GDP and energy use. There have been high hopes that improvements in energy-efficient technology will reduce global aggregate resource consumption, however, there is a growing body of research to suggest the opposite is likely to occur due to ”rebound effects”. The major environmental issues of our time have been seen predominantly as issues to be solved through advancements in technology; however, it is the argument of this paper that they cannot be addressed from a purely technological standpoint. Of course, improving energy efficiency is an important factor, but we must not forget the equally important subject of human behavior and our addiction to continual economic growth. We must first address the human desire to consume resources in the pursuit of happiness and socio-economic status, and shift towards a mentality of sufficiency. Future research must demonstrate concrete examples of sustainable development and consumption, advance the discourse on how the individual can be part of the solution, and empower the implementation of sustainable government policy. Full article
(This article belongs to the Special Issue Sustainable Energy Economics Policy)
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