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Published online by Cambridge University Press: 19 December 2024
In this chapter, we first explain what energy economics is and what energy and climate policy mean. We then describe the advantages of energy for society, and the current energy systems and their environmental and economic problems. At the end of the chapter, we discuss the energy transition and the characteristics of the energy systems once the transition has taken place. In the discussions in this chapter, we make note of developing countries.
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