Despite of technological advancement the rate of emission of greenhouse gases will not be curbed in future, according to a new study funded by the US Department of Energy and the Harvard Kennedy School of Government in Massachusetts. The finding detailed in the November issue of the journal Energy Policy said that the greenhouse gas emission in the United States might grow faster in the next 50 years than they have in the past 50 years and higher oil prices will curb the problem better than technology.
The study was conducted by two economists Richard Eckaus of MIT and Sue Wing of Boston University. They examined the periods of 1958 to 1996 and 1980 to 1996 and then used computer models to project growth rates of both energy use and greenhouse gas emissions from 2000 to 2050. There findings showed that these rates might accelerate.
The economists have shown the example of the US steel making industry to bring home their point. Though the steelmakers’ furnaces are now electrical, reducing coal use at the steel plant, some of the electricity that powers the furnace is still generated by coal, resulting in greenhouse gas emissions.
According to the economists, the solution to this problem lay in increasing energy price. However, decreased energy use in such a manner will only stifle economic growth in future.