Energy Usage Per GDP Unit Declines Everywhere (via No Money No Worries)
Great chart showing improving energy efficiency around the world.
Recent data from BP (reprinted in the Economist) highlights the fact that energy usage required to produce one unit of GDP has declined for nearly a century in the US and has gone down almost everywhere else for the last twenty years. Note: 1 tonne = 7.33 barrels (click to enlarge) Even China has made great strides in reducing energy consumption per unit in recent years. The spikes there correspond to the two periods of the greatest Maoist luna … Read More
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