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Does a Green Future = Lower Energy Usage?
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Some European economists came up with a super-duper-hyper-revolutionary solution to the green problem…just use less energy! Crazy, right? Before we write off this idea completely, let’s break it down.
One of the big problems facing the green transition is that we must double our energy output in order to make it feasible. What if we didn’t need to ramp up output and could just cut energy usage? With all the efficiency gains we’ve made over the years, it seems like a possibility.
Unfortunately, its not that simple. With the correlation between economic activity and energy usage remaining strong, the “use less” solution loses its legs. And then you start to breakdown populations and climates and things get even harder. Sure, there are places where using less might work, but good luck getting everyone to move to Iowa…
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