Economic growth is due to one of two things: 1) increased population or 2) increased efficiency. Increased efficiency directly addresses the problem you raised

Economic growth is due to one of two things: 1) increased population or 2) increased efficiency. Increased efficiency directly addresses the problem you raised. Creating LED light bulbs that produce the same amount of light at 1/6th the electrical power just freed up 5/6th’s of that power for something else at no net increase in electrical generation.