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There are individual limits to demand, but not societal limits. If LEDs become more efficient, I will not throw up more lights, but Times Square will - and even
by game-of-throws 4y ago
There are individual limits to demand, but not societal limits. If LEDs become more efficient, I will not throw up more lights, but Times Square will - and eventually they'll expand operations and build Los Angeles Square.
Jevons Paradox is about these societal demands, which influence collective usage of a resource in the opposite direction from individual usage.