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A development of this sort, together with new power sources to replace the fossil fuels on which factory, home, and vehicle now depend, might also all but eliminate the growing smog and air-pollution blight.
In recent times, agriculture has become a major fossil fuel energy user.
The impression given is that fossil fuel use will continue to rise, and that coal is the fuel of the future.
Our calculations indicate that rotation and no-till systems use substantially less fossil fuel in comparison to conventional systems.
For each farm type (conventional, rotation and no-till) we estimated average yearly fossil fuel energy use.
As fossil fuel reserves diminish, alternative renewable sources of energy will be needed to sustain economic growth.
Our model of baseline fossil fuel consumption allows autonomous energy efficiency improvements.
The model's dynamics derive from fossil fuel depletion, productive capital accumulation, and the putty/semi-putty specification of technology.
This however will be weighed against the effect of more expensive fossil fuels, as a result of the fossil fuel tax.
Whereas these studies have been retrospective, we use a dynamic general equilibrium model to investigate global and regional sustainability over the period 1985 - 2050, focusing on fossil fuel extraction.
For these regions, if economic depreciation (as a proportion of the total value of fossil fuel extraction) were to exceed 67, 50 and 24 per cent respectively, would change sign.
There is no systematic empirical evidence that highly indebted developing countries exploit more their subsoil fossil fuel and mineral resources or produce more cash crops for exports than other countries.
The question of structural change is not really serious for those who believe that transition away from fossil fuel based energy supply will suffice to de-carbonize the economy.
Even though it has long been known that the global inventory of fossil fuel is finite, no serious action had been taken to face this problem.
A comparison of our cumulative emissions projections to historic emissions from fossil fuel combustion highlights the magnitude of the threat from continued global development along historical trajectories.
Nevertheless, they will never come close to replacing all the current, fossil fuel-powered vehicles.
