Market Penetration Characteristics for Energy Production and Atmospheric Carbon Dioxide Growth
J. A. LAURMANN 1
1 Division of Applied Mechanics, Stanford University, Stanford, California 94305
Estimates are given for the maximum rate at which fossil fuel consumption can be reduced by the introduction of noncarbon-based energy sources, according to the market penetration time concept. These estimates indicate an immediate need to implement a revised energy policy if major climatic changes induced by increased amounts of carbon dioxide are to be avoided in the next century. However, application of market penetration ideas to energy consumption is new and may not be valid for the prediction of future trends.
Submitted on November 27, 1978
Revised on April 17, 1979