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There are limits to such growth. Arguably, the growth of last few centuries has been achieved by burning up finite resources [1]. And even if we'd somehow get a
by lurker456 9y ago
There are limits to such growth. Arguably, the growth of last few centuries has been achieved by burning up finite resources [1]. And even if we'd somehow get an infinite source of energy, at some point we'd run into the heat dissipation limit of the earth. [2]
[1] http://www.inscc.utah.edu/~tgarrett/Economics/Physics_of_the_economy.html http://www.inscc.utah.edu/~tgarrett/Economics/Physics_of_the...
[2] https://en.wikipedia.org/wiki/Waste_heat https://en.wikipedia.org/wiki/Waste_heat
- downandout 9y agoHuh? There are many businesses outside the oil and gas industries that create value.
- lurker456 9y agoPretty much everything we produce or consume in the modern world is only possible due to the availability of cheap energy. health care, food, TV shows, pencils, clothes, etc.