Can economic growth occur independently of resource, and particularly, energy consumption increases? That's the question which emerged in a recent discussion over continued economic growth. In that thread, /u/geezerman makes the assertion:

Energy consumption is declining in the advanced economies

Oh, really? I'm aware of some short-term fluctuations, most of which were accompanied by at least temporary decreases in economic output, but an overall reduction in energy accompanied by increases in GDP? Let's take a look.

Continued at the dreddit

#economics #limitstogrowth #decoupling #energy #gdp #g8 #population #usa #uk #canada #japan #german #france #italy #russia #china #india #brazil

r/dredmorbius - Economic decoupling? The recent relationship between energy and growth

3 votes and 4 comments so far on Reddit