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Week 7 – Biophysical economics I

Week 7 learning materials ‘handout’ [pdf]

Primary reading

** Melgar-Melgar, R and Hall, C (2020), Why ecological economics needs to return to its roots: The biophysical foundation of socio-economic systems, Ecological Economics, Volume 169, March, 106567
[summarises a neat chunk of:
Hall, C and Klitgaard, K (2018), Energy and the wealth of nations: An introduction to biophysical economics (2nd ed), Cham, Switzerland: Springer]

Diesendorf, M and Wiedman, T (2020), Implications of Trends in Energy Return on Energy Invested (EROI) for Transitioning to Renewable Electricity, Ecological Economics, 176, 106726

Background

Biophysical Economics Policy Center (2018), What is biophysical economics?, BiophysEco.org

Klitgaard, K (2012), The Essence of Biophysical EconomicsNYSEA Proceedings, Volume 5, pp100-109

Gupta, A and Hall, C (2011), A review of the past and current state of  EROI dataSustainability, v3, pp1796-1809

Hall, C and Klitgaard, K (2006), The need for a new, biophysical-based paradigm in economics for the second half of the age of oilInternational Journal of Transdisciplinary Research, v1 no.1, pp4-22

Hall, C, Lambert, J and Balogh, S (2014), EROI of different fuels and the implications for society, Energy Policy, Volume 64, January, Pages 141-152

Hall, C, Balogh, S and Murphy, D (2009), What is the minimum EROI that a sustainable society must have?Energies, v2, pp25-47