Falling Energy Per Capita Is the World's Biggest Problem
Market Intelligence Analysis
AI-PoweredThe article discusses the correlation between energy consumption and global economic growth, suggesting that periods of low energy growth coincide with economic downturns such as wars and depressions.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
A few years ago, I analyzed the growth of world energy consumption, breaking it down into (a) the growth in energy consumption needed to support the growth in world population, and (b) the growth in energy consumption available to support higher standards of living. This analysis covered the period 1820 to 2020. I found that periods of low growth tended to coincide with wars, depressions, and collapses. This is not surprising in a world economy governed by the laws of physics. Every part of the economy requires adequate energy of appropriate…
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