3 ms·
New tech often takes off slow but hits exponential adoption later on. If you look at oil production from 1900 to 1973, for example, it grows by ~7% every year
by andrelaszlo 4y ago
New tech often takes off slow but hits exponential adoption later on.
If you look at oil production from 1900 to 1973, for example, it grows by ~7% every year but after that it has only grown linearly by ~326TWh/year since -73.
https://ourworldindata.org/grapher/oil-production-by-country?country=~OWID_WRL https://ourworldindata.org/grapher/oil-production-by-country...
Meanwhile, renewable energy generation has grown at a decent rate the last 20 years, so if it goes exponential (if it hasn't already) the chances are... okay? Hopefully?
https://ourworldindata.org/grapher/renewable-energy-gen https://ourworldindata.org/grapher/renewable-energy-gen