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Economic growth can continue without limit as long as energy intensity and material intensity decreases the same rate. k% annual economic growth when energy in
by nabla9 5y ago
Economic growth can continue without limit as long as energy intensity and material intensity decreases the same rate.
k% annual economic growth when energy intensity and material intensity decrease k% per unit of GDP can go forever.
- tonyedgecombe 5y agoOnly if your starting point was sustainable, unfortunately we are well beyond that.
- nabla9 5y agoThen growth must be less than (nonrenewable) energy+material intensity, but it does not mean there can't be growth.
- heisenzombie 5y agoSo the amount of matter and energy exchanged in the average economic transaction tends toward zero?