ICEF Energy conference

Item

Title
ICEF Energy conference
Creator
Date
1990
Description
The decline in world energy consumption caused by the twin oil price hikes of 1973 and 1979 checked development in the major market economies and triggered the process of industrial restructuring that has so profoundly affected all sectors and all regions. ore efficient use of more expensive energy and strategic policy changes have made major contributions to easing the historical reliance upon energy inputs - especially in the case of oil. As a result the ratio between energy consumption and growth of gross world production has diminished by nearly 25 % over the past fifteen years. It has been estimated that full use of available energy-efficient technologies could cut per capita energy use by as much as 50% without impeding economic growth. The extent to which these gains are realized will depend upon a wide variety of economic and developmental factors, among which the price management of fuels is a very important one. here has also been a change in the industrial mix of the major OECD economies with the decline of old industries using high energy imputs and the rise of high technology sectors with different and lower energy requirements. The shift of much basic manufacturing to new locations in the developing world and to the hitherto centrally planned economies is likely to precipitate a further important change in energy requirements. emand for energy is forecast to continue to grow at only about half the rate of general economic growth over the short to medium term. Consumption is very uneven on a world scale, however. In 1988 the world consumed energy equivalent to some 8 billion tonnes of oil (Tonnes Oil Equivalent, or TOE) - an average of 1.3 tonnes for every man, woman and child on Earth. While citizens of the USA will consume an average of 8 TOE per capita, however, the average for both Japan and Western Europe is around 3 TOE, while people in the Third World still rely on fuelwood and dried animal dung as important energy resources, consuming only a small fraction of a TOE each in many cases.
Subject
Format
pdf
Language
English
Type
text
Identifier
http://hdl.handle.net/10962/152450
Archive
Cory Library for Humanitites Research
Provenance
The item is held at the Cory Library for Humanities Research, Rhodes University, on behalf of the Labour Research Service
Extent
14 pages
Rights
Chemical Workers Industrial Union (CWIU)
Rights Holder
Chemical Workers Industrial Union (CWIU)
Use/re-use
The materials are made available explicitly for research and educational purposes. Any use of these materials must be cleared with the Labour Research Service.
Item sets
General Materials

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