Article ID: | iaor20122249 |
Volume: | 43 |
Issue: | 1-2 |
Start Page Number: | 235 |
End Page Number: | 243 |
Publication Date: | Apr 2012 |
Journal: | Energy Policy |
Authors: | He Hongming, Jim C Y |
Keywords: | simulation, economics |
This study explores the relationships between metropolis energy consumption and environmental utility changes by a proposed Environmental Utility of Energy Consumption (EUEC) model. Based on the dynamic equilibrium of input–output economics theory, it considers three simulation scenarios: fixed‐technology, technological‐innovation, and green‐building effect. It is applied to analyse Hong Kong in 1980–2007. Continual increase in energy consumption with rapid economic growth degraded environmental utility. First, energy consumption at fixed‐technology was determined by economic outcome. In 1990, it reached a critical balanced state when energy consumption was 22×109 kWh. Before 1990 (