Bent Sørensen, one of the world's leading experts in the field of renewable energy systems, explores the current hurdles to the universal adoption of renewable energy sources and proposes solutions to the current situation in this new inspiring work. He discusses the social, political and...

The paper considers the transition of an economy from non-renewable to renewable energy. The Hotelling theorem suggests to extract a non-renewable resource in an optimal way such that the resource tends to be depleted when optimally extracted. Yet, it might not be reasonable to deplete...

The prime objective of the current research is to investigate factors affecting foreign direct investment (FDI) inflows into BRICS countries with a special focus on energy impact on FDI inflows from 1990 to 2018. The empirical results of pane fully modified ordinary least squares (F.M.O.L.S.),...

The energy transition from fossil fuels to alternative energy sources has important consequences for technological change and resource extraction. We examine these consequences by incorporating a non-renewable resource and an alternative energy source in a market economy model of endogenous...