World Energy Cool Down - Consumption Continues to Decline


Signs continue to point to a dramatic shift in the workings of human civilization as we pivot towards a less energy intensive future.

Energy consumption per unit of gross domestic product – otherwise called “energy intensity” – has fallen by one-third around the world in the last 25 years, new government figures show.

The implications of that will be vast as utilities figure out the business they are in, and policy makers decide what energy initiatives need to be incentivized.

Economic might and national wealth in the past has been aligned with oil and gas extraction, coal exhumation, the march of gargantuan transmission networks across the landscape.

That may be less true in the future. (by Martin Rosenberg, The Energy Times)

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