The paper attempts to evaluate the claims of Net Energy Analysis (NEA) against those of economics in a reasonably comprehensive way. The principal problems of NEA concern system boundaries, aggregation across fuels, valuing external effects, valuing human labor and valuing time. These problems seriously limit the contribution Net Energy Analysis can make to allocation decisions, and allocation Is the central problem of energy policy.
Kruvant, William J., "Economics and Net Energy Analysis: Is A New Analytical Technique Needed for Energy Decision Making?" (1977). UMR-MEC Conference on Energy / UMR-DNR Conference on Energy. 337, pp. 683-693.
4th Annual UMR-DNR Conference on Energy (1977: Oct. 11-13, Rolla, MO)
Article - Conference proceedings
Economics, Agriculture And Energy
© 1977 University of Missouri--Rolla, All rights reserved.
13 Oct 1977