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Does Jevons Paradox extend indefinitely? What I mean is, e.g., when the cost of energy drops people's energy bills in general do not go down, the have warmer h
by worik 5y ago
Does Jevons Paradox extend indefinitely?
What I mean is, e.g., when the cost of energy drops people's energy bills in general do not go down, the have warmer homes. That has been known for a while. But is it still true if everybody can keep their houses at 21 degrees permanently? At thatr point does a reduction in energy costs reduce their bills or do they find something else to spend the energy on?
- paulryanrogers 5y agoJudging by the lifestyles of billionaires I don't think human appetites should be underestimated. Especially on a planet of billions of people.
- Earw0rm 5y agoBillionaires tbf are a self-selecting sample of people who made it past $1m, $10m and $100m, and still decided to keep going. As a % of the population, I don't know how many have those traits - 10%? 1%? - but with a population also numbered in billions, "enough to totally screw the planet" is a reasonable guess.
- worik 5y agoYes. They need treatment for Obsessive Compulsive Disorder.