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Environmental and Natural Resource Economics
Jonathan M. Harris, Tufts University
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Chapter 13: Energy: The Great Transition
- Go to the Overview section of the 2000 report by the Energy Information Administration titled "Annual Energy Outlook 2001 with Projections to 2020."
What does the report predict about oil prices from 1999 to 2003? Search the Energy Information Administration web site for actual oil price data and compare the data to the predictions. How accurate were the predictions?
What is energy intensity? According to the report, how has energy intensity been changing in recent years? What is expected to happen to energy intensity in the future?
- Go to the Energy Information Administration's website dealing with California's electricity situation.
Summarize the three major problems with electricity in California. Then summarize the causes behind these problems. Discuss what might have been done to avoid these problems. Finally, consider the implications of the California energy crisis for environmental quality. Do you think the crisis will increase or decrease environmental impacts? Why?
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