12 Dec '11, 1am

Thoughts on why energy use and CO2 emissions are rising as fast ...: The energy intensity of GDP (that is, the a...

3. In my view, world industrial production has self-organized in a way that assigns different roles to companies operating in the three country groups I described above, as a way to minimize manufacturing costs. Over the long term, this particular version of self-organization cannot continue. The Middle East will reach a point where its oil exports drop rapidly. Southeast Asia will reach maximums on coal production/imports and on pollution levels. The “Remainder” is already reaching limits in competing with Southeast Asia. Unemployment rates are high, manufacturing wages are low, and many workers lack the income needed to purchase additional services which might “grow” GDP.

Full article: http://energybulletin.net/stories/2011-12-09/thoughts-why...

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Thoughts on why energy use and CO2 emissions are rising as fast as GDP

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