3 ms·
This physicist has done a number of blogs on physical restraints on economic growth. https://dothemath.ucsd.edu/2012/04/economist-meets-physicist/ https://doth
by wolfram74 8y ago
This physicist has done a number of blogs on physical restraints on economic growth.
https://dothemath.ucsd.edu/2012/04/economist-meets-physicist/ https://dothemath.ucsd.edu/2012/04/economist-meets-physicist...
For example, if economic growth persists black body ration independent of power source raises the surface temperature of the earth to boiling in a few hundred years.
- shoo 8y agothis link is _fantastic_ , thank you for sharing it, i haven't heard this argument before . First: For a given constant T > 0 there exists C > 0 such that Temp(earth) <= T implies Energy(earth) <= C > Right, if you plot the U.S. energy consumption in all forms from 1650 until > now, you see a phenomenally faithful exponential at about 3% per year over > that whole span. The situation for the whole world is similar. So how long > do you think we might be able to continue this trend? > Alright, the Earth has only one mechanism for releasing heat to space, and > that’s via (infrared) radiation. We understand the phenomenon perfectly > well, and can predict the surface temperature of the planet as a function of > how much energy the human race produces. The upshot is that at a 2.3% growth > rate (conveniently chosen to represent a 10× increase every century), we > would reach boiling temperature in about 400 years. [Pained expression from > economist.] And this statement is independent of technology. Even if we > don’t have a name for the energy source yet, as long as it obeys > thermodynamics, we cook ourselves with perpetual energy increase. > At that 2.3% growth rate [of global energy consumption], we would be using > energy at a rate corresponding to the total solar input striking Earth in a > little over 400 years. We would consume something comparable to the entire > sun in 1400 years from now. By 2500 years, we would use energy at the rate > of the entire Milky Way galaxy—100 billion stars! I think you can see the > absurdity of continued energy growth. 2500 years is not that long, from a > historical perspective. We know what we were doing 2500 years ago. I think > I know what we’re not going to be doing 2500 years hence. > If we tried to generate energy at a rate commensurate with that of the Sun > in 1400 years, and did this on Earth, physics demands that the surface of > the Earth must be hotter than the (much larger) surface of the Sun. Second: Energy(earth) / GDP(earth) >= K > 0 > Then in order to have real GDP growth on top of flat energy, the fractional > cost of energy goes down relative to the GDP as a whole. > How far do you imagine this can go? Will energy get to 1% of GDP? 0.1%? Is > there a limit? > if energy became arbitrarily cheap, someone could buy all of it, and > suddenly the activities that comprise the economy would grind to a halt That is, assuming we want Temp(earth) <= T for some constant temperature T, then there exist positive constants C > 0, K > 0 such that Energy(earth) <= C and Energy(earth) / GDP(earth) >= K > 0 . Therefore GDP(earth) <= C / K .
- wav-part 8y agoWe do not consume energy. We consume goods and services which require energy to produce. This model completely ignores past and future advancments in energy efficieny.