Wang, Qifan with Brian McKeller, Randy Schweickart and John Sterman,"A Simple Model of Energy Dynamics", 1984
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This paper discusses the impact of the energy supply transition on the U.S. economy. An energy supply transition occurs when one resource base is replaced by a new source of energy due to some shift in the comparative economic attractiveness of the two sources. The effects of an energy transition on an industrial economy are long-term and far-reaching. The recently witnessed depletion of the 1970s may foreshadow a major turn in the path of economic development.