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Climate notes: Fossil energy a dead-end street

Jutta Albrecht-Saavedra, Jana Lippelt
ifo Institut für Wirtschaftsforschung, München, 2010

ifo Schnelldienst, 2010, 63, Nr. 13, 41-44

Approximately 80 percent of worldwide energy demand is currently met by mineral oil, coal and natural gas. The share of non-fossil energy - from renewable energy and nuclear power - in total energy consumption of 135 countries is still small. In 2007 only 22 countries met their demand for energy to 20 percent or more from non-fossil energy sources, and 18 countries between 10 and 20 percent. This article discusses some of the energy alternatives.

JEL Classification: Q200,Q300,Q400,Q420

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ifo Institut für Wirtschaftsforschung, München, 2010