Great Plains Studies, Center for


Date of this Version

February 1991


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.


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.