4 ms·
Isn't that assuming that production remains as energy inefficient over time as it used to be? If production over the time period became more efficient by X% tha
by jgeada 8y ago
Isn't that assuming that production remains as energy inefficient over time as it used to be? If production over the time period became more efficient by X% than that X% generates economic growth that is not visible in energy production.
Given that energy/GDP has been steadily decreasing, both in the US and worldwide, this indicates that efficiency of production definitely needs to be taken into account.
(eg https://www.eia.gov/todayinenergy/detail.php?id=10491 https://www.eia.gov/todayinenergy/detail.php?id=10491)