[en] The linearized propagation of axisymmetric twists an axisymmetric vertical flux tubes is considered. Models corresponding to both open (coronal hole) and closed (active region loops) flux tubes are examined. Principal conclusions are: Open flux tubes: (1) With some reservations, the model can account for long-period (T approx. 1 hr) energy fluxes which are sufficient to drive solar wind streams. (2) The waves are predicted to exert ponderomotive forces on the chromosphere which are large enough to alter hydrostatic equilibrium or to drive upward flows. Spicules may be a consequence of these forces. (3) Higher frequency waves (10 s approx. < T approx. < few min) are predicted to carry energy fluxes which are adequate to heat the chromosphere and corona. Nonlinear mechanisms may provide the damping. Closed flux tubes: (1) Long-period (T approx. 1 hr) twists do not appear to be energetically capable of providing the required heating of active regions. (2) Loop resonances are found to occur as a result of waves being stored in the corona via reflections at the transition zones. The loop resonances act much in the manner of antireflectance coatings on camera lenses, and allow large energy fluxes to enter the coronal loops. The resonances may also be able to account for the observed fact that longer coronal loops require smaller energy flux densities entering them from below. (3) The waves exert large upward and downward forces on the chromosphere and corona. (orig.)