Economics of Sustainable Energy

Inbunden, Engelska, 2018

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Beskrivning

Co-written by a pioneer of the sustainability movement, this groundbreaking volume offers a new way of thinking about the economics of sustainable energy, a goal that has eluded scientists and economists for decades.Every year, as soon as reports on global economic inequality remind us about the direction our civilization is heading, there is a hysterical reaction, but hysteria dies down within weeks and we go back to the lifestyle that brought us here today. Often the blame is laid on the Millennial generation for their "apathy," "lust for comfort," and "bratty" attitude. Yet, business insider surveys indicate it's the same Millennial generation that overwhelmingly cares for the state of the world and the direction in which our civilization is heading. Nearly 50% of them ranked climate change and destruction of nature as their primary concern. This is followed by concern for war and global conflict, and then global economic inequality. The vast majority of those surveyed are willing and eager to make lifestyle changes. This book breaks open the hypocrisy of our civilization and stops the blame game in its tracks and identifies the root causes of today's world economy, ecology, and global politics.The book demonstrates that changes in lifestyle are necessary but not sufficient. No economic policy or technology development mode has a chance to survive, let alone thrive unless supported by the political establishment. In this process, the government plays a pivotal role. The challenge is to change the attitude of the government from a 'self-serving' controlling mode to a representative philanthropic mode. This new system of economic development and political governance is inspired by a long-forgotten understanding of political economics: medieval Islamic economics. In reviewing the history of economics from trade, currencies, and interest, the strengths and weaknesses of various economic developments over our centuries are evaluated. Based on the historical analysis, a step by step procedure is outlined for this fundamental change in our society today. As a whole, this book is the first in the modern era to offer such a comprehensive analysis, complete with solutions to the entire crisis of today's civilization.

Produktinformation

Utgivningsdatum:2018-10-02
Mått:10 x 10 x 10 mm
Vikt:454 g
Format:Inbunden
Språk:Engelska
Antal sidor:644
Förlag:John Wiley & Sons Inc
ISBN:9781119525929

Utforska kategorier

Miljöekonomi inom Ekonomi och Ledarskap

Mer om författaren

Jaan S. Islam is a research associate at Emertec Research and Development Ltd. and graduate student and SSHRC scholar at the University of British Columbia. He has written several books and articles in the field of political science and economics, focusing on the economics of energy and sustainability. M. R. Islam, Ph.D. is the President of Emertec Research and Development Ltd. and an adjunct Professor at Dalhousie University, where he was Canada's first Killam Chair in petroleum engineering during 2000-2005. One of the world's most well-known engineers spearheading the push towards sustainability in energy engineering, he has written dozens of books, hundreds of journal articles, and is known as one of the most prolific and well-respected petroleum engineers in the world. In the 30+ years of his professional career, Professor Islam has held faculty positions with seven different universities and supervised over 150 research students and post-doctoral fellows, and he has been and continues to be on the editorial boards of a number of scientific journals. Meltem Islam is a research associate with Emertec Research and Development Ltd. She received a BSc in Econometrics and an additional degree in Insurance as well as Masters in Education (Mount St. Vincent University, Canada). M.A.H. Mughal is a prominent philanthropist, author, speaker, mentor and a business consultant in the areas of strategy, innovation and sustainability. As a senior executive in the banking & finance industry, he has designed and led transformation programs. He has served on the Board of Directors of various companies including Emertec.

Innehållsförteckning

Preface1 Introduction 11.1 Opening Remarks 11.2 Research Questions Asked 42 Delinearized History of Economics and Energy 132.1 Introduction 132.2 The European Tract of Economics History 142.3 Transition of Money 392.4 The Nature Science Tract of Economics History 492.5 Connection to Energy 633 The Incompatibility of Conventional Economic Analysis Tools with Sustainability Models 693.1 Introduction 693.2 Current Economic State of the World 743.3 The Status of the Money God 943.4 The Current Economic Models 973.5 The Illogicality of Current Theories 1103.6 The Delinearized History of Modern Economics 1113.7 The Transition of Robotization 1533.8 Yellow Gold vs. Black Gold 1713.9 How Science and Economics Mimic the Same Aphenomenality 1753.9.1 Sources of Unsustainability 176Notes 1774 State-of-the Art of Current Technology Development 1794.1 Introduction 1794.2 Denaturing for a Profit 1824.3 Aphenomenal Theories of the Modern Era 1864.4 The Sugar Culture and Beyond 1984.5 The Culture of the Artificial Sweetener 2034.6 Delinearized History of Saccharin® and the Money Trail 2114.7 The Culture of Aspartame 2194.8 The Honey-Sugar-Saccharin-Aspartame Degradation in Everything 2434.9 Assessing the Overall Performance of a Process 2485 Comprehensive Analysis of Energy Sustainability 2635.1 Introduction 2635.2 Sustainability in the Information Age and Environmental Insult 2655.3 Climate Change Hysteria 2795.4 The Energy Crisis 2835.5 Petroleum in the Big Picture 3155.6 Science of Healthy Energy and Mass 3296 The Islamic Track of Economical Analysis 3576.1 Introduction 3576.2 Function of Gold Dinars and a New Paradigm for Economic Analyses 3596.3 Labor Theory of Value 3636.4 Zero Waste Economy 3826.5 Role of Government in State’s Economy 3866.6 Macroeconomy and Theory on Money 3936.7 The Optimum Lifestyle 4036.8 The Gold Standard for Sustainable Economy 4117 Framework of Economics of Sustainable Energy 4157.1 Introduction 4157.2 Delinearized History of Modern Age 4167.3 Petroleum Refining and Conventional Catalysts 4347.4 The New Synthesis 4397.5 The New Investment Model, Conforming to the Information Age 4458 Economics of Sustainable Energy Operations 4718.1 Introduction 4718.2 Issues in Petroleum Operations 4728.3 Critical Evaluation of Current Petroleum Practices 4828.4 Greening of Petroleum Operations 4908.5 Zero-Waste Operations 5018.6 Characteristic Time 5048.7 Quality of Energy 5099 Role of Government in Assuring Energy Sustainability 5559.1 Introduction 5559.2 The U.S. Government 5569.3 The Wealth Paradigm 5619.4 Zero Interest 5759.5 Zero-Waste Economics 58110 Summary and Conclusions 58910.1 Summary 58910.2 Answers to the Research Questions 59111 References and Bibliography 601Index 621