Lowering Real Interest Rates Could Slow Global Warming

Authors

Craig S. Marxsen, University of Nebraska @kearney.netFollow

Date of this Version

February 1991

Document Type

Article

Comments

Published in Great Plains Research 1:1 (February 1991), pp. 152–167. Copyright © 1991 The Center for Great Plains Studies, University of Nebraska–Lincoln. Used by permission. http://www.unl.edu/plains/publications/GPR/gpr.shtml

Abstract

Carbon dioxide emissions from fossil fuel combustion have increased markedly in this century. Increased carbon dioxide concentrations in the atmosphere are thought likely to help produce a warming of global climate. Many strategies to reduce or reverse the anticipated global warming point to reductions of fossil fuel combustion as a primary ingredient. This paper examines the possibility of obtaining a decrease in world petroleum supply as a result of reducing interest rates relative to the rate of inflation.