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I am also interested by this question. Energy => machine/labor => GDP So, my first naive take would be that we could extract/build/ship more for less, and then
by llsf 4y ago
I am also interested by this question. Energy => machine/labor => GDP
So, my first naive take would be that we could extract/build/ship more for less, and then potentially keeps the "growing" economy humming.
Maybe due to my past education/experience, I still feel uncomfortable about more waste (if energy is cheap, why not like in Quatar build stadiums with AC ? keep AC stores doors open in summer, and in winter when the heat is on, etc.)
I have a sense that increasing energy waste will come to 2nd order cost on other resources (water, minerals, etc.). Thoughts ?