Increasing energy availability for production is not enough to stimulate GDP growth, that energy must actually be consumed and put to use.
Feeding the Grown and the Growingto electricity is not sufficient for economic growth but that electricityand GDP have a positive relationship. Simply providing the availability of a resource does not dictate advancement, it is the use that results in advancement. Common sense.needed to maintain existing levels of economic activity as well as to grow and develop the inputs for energy.
Focusing solely on emissions without also considering the need to maintain availability, reliability, capacity, and cheap costs, only results in a cannibalization of already established infrastructure – weakening provisions for developing and supplying innovative new methods to continue improving efficiencies . These growing inefficiencies would then also lead to inviting inefficiencies in energy generation and electricity provision, leading to increases in costs of production and living.
This gets us back to the ridiculousness of over tribalization and politicization of our energy generating projects and infrastructure. The combined smear campaigns of hydrocarbons and nuclear, and the pedestalization of renewables , with the complete exclusion of hydropower from these discussions, invites significant fragility to already developed economies.plants only capture about 1% of the energy in sunlight. Therefore, the maximum energy the human-directed energy expended to extract energy.
Ultimately suggesting that to try and “phase-out” already entrenched energy resources and sources of power by force , rather than through free market dynamics, is a fool's errand and a further waste of time and resources. Making the legislators like those in the clip provided at the very beginning of this essay involving Jamie Dimon explicitly comical.
In general, a well functioning society continues to utilize entrenched energy sources while using the most efficient and reliable energies in greater percentages to further improve efficiencies of these methods, while also working to develop continually more innovative and rewarding sources of energy. Improving the economics and return on investment in energy generation itself, which ultimately uplifts the standards of living. A positive feedback loop.
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