„Economic Growth Is Closely Tied to Energy Consumption“, Slide 3:
“This rather strange situation arises because the standard calculation misses energy embodied in imported goods.”
"Will I keep the lights on when I sleep because they are 10x more efficient?"
Nope. But now you have a computer, maybe two, a cell phone, an ebook reader, a tablet, take international flights and use Bitcoin and AI.
https://ourfiniteworld.com/wp-content/uploads/2018/05/the-ap...
https://ourfiniteworld.com/2017/10/18/the-approaching-us-ene...
"Will I keep the lights on when I sleep because they are 10x more efficient?" Nope. But now you have a computer, maybe two, a cell phone, an ebook reader, a tablet, take international flights and use Bitcoin and AI.