Energy, GDP and economic growth, synthesis

Current Economy and Sustainable Development-compatible? GDP growth (at all costs), economic development, inflation ... How concillier the current economy with the environment and sustainable development.
Christophe
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Energy, GDP and economic growth, synthesis




View Christophe » 26/06/09, 17:02

Energy and growth: A BRIEF SUMMARY!

When we talk about energy worldwide is basically talking about fossil fuels, other forms of primary energy still remaining anecdotal today (less than 5%!).

With the practice of fire, fossil energy has imposed itself on men as obvious, first in solid form (coal), then liquid (petroleum) and finally in gaseous form (natural gas). Its presence almost everywhere on the planet, its apparent "abundance", its relative ease of use, will have made fossil energy the foundation of economic growth of the XIXth century and especially of that, extraordinary, that will have experienced the second half of the XNUMXth century.

And the desire to optimize the use of each of these "forms" (phases would say physicists) will have generated innovations and other technological advances that are often great (steam engine, heat engines, etc.), some of which will have been boosted by major conflicts. that knew the XXth century ...

(...)

But the first object of this article is to highlight the almost perfect correlation between growth (of GDP), energy consumption (and therefore essentially fossil energy) and
greenhouse gas (GHG) emissions
: what the following figure shows (at least for OECD countries) ... in order to deduce some lessons for the years to come.


Three articles:

https://www.econologie.com/croissance-pi ... -4090.html
https://www.econologie.com/croissance-pi ... -4097.html
https://www.econologie.com/croissance-pi ... -4099.html

Full document to read in .pdf here:

https://www.econologie.info/share/partag ... XL686O.pdf

By Remi Guillet. He writes regularly for CFO News, such as:

http://www.cfo-news.com/R-et-D-Investir ... 10773.html
Last edited by Christophe the 24 / 10 / 10, 10: 39, 3 edited once.
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Targol
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Re: Energy, GDP and economic growth, summary




View Targol » 26/06/09, 18:12

Christophe wrote:But the first object of this article is to highlight the almost perfect correlation between growth (of GDP), energy consumption (and therefore essentially fossil energy) and
greenhouse gas (GHG) emissions


Yep, it's obvious to anyone a little familiar with the issue of global warming.
On the other hand, as economists land completely on the subject (see my signature), they invented the hazy concept of "sustainable development" to try to make people believe that GDP growth was possible without the growth of the other two.
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View Christophe » 26/06/09, 18:13

The problem is not so much growth as GDP ...

It is not growth that must be called into question: it is growth based on GDP that is awful and hopeless!
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Targol
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View Targol » 26/06/09, 19:20

Christophe wrote:The problem is not so much growth as GDP ...

It is not growth that must be called into question: it is growth based on GDP that is awful and hopeless!


You play on words there, Christophe.

You know that in the 21st century, the word "growth", if it is not specified what we are talking about, necessarily designates economic growth, the flagship indicator of which is GDP.

In addition, since time, you know very well that I am the first to curse the GDP as an indicator of the "development" of a country or a region.

Everything that directly or indirectly affects this cursed indicator is diverted from its primary and perverted meaning:
Both growth and development, if we associate them with the GDP, become above all the growth of inequalities and poverty and the development of a caste of "super-bourgeois-pété-de-thunes" on the backs of more and more employees. precarious.
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View Christophe » 26/06/09, 20:57

Targol wrote:You know that in the 21st century, the word "growth", if it is not specified what we are talking about, necessarily designates economic growth, the flagship indicator of which is GDP.


In the 20th yes, in the 21st I don't know, we didn't spend the 10% of the 21st !!

I hope that we will contribute to the definition and democratization of another growth no longer based on this shit of GDP but on, for example, the HDI ... but there are other usable indices!

See this topic: https://www.econologie.com/forums/indicateur ... t7186.html
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Michel Kieffer
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View Michel Kieffer » 26/06/09, 23:05

Christophe and Targol

Imagining new products that are better designed and therefore cheaper generates as much perceived value but less GDP…

Another example, a LOREMO produced under "automotive conditions" should cost 2 x less to manufacture and should consume 2 x less (ditto for our old prototypes Renault Vesta and Citroën eco 2000). So LOREMO generates significantly less GDP while ...

To sum up, these examples amount to decreasing, but practically, we are "as rich" and in addition we have destroyed less natural resources. We can deduce that GDP is a very poor indicator of wealth. Worse, GDP is based on the consumption of irreplaceable natural resources, and on what one might call conceptual mediocrity. As a result, we work like savages to pay us for ill-conceived things, which are of little use and which destroy our environment in the process.

Michel

PS: re-read the comic strip " purchasing power and CO2 » http://cocyane.chez-alice.fr/energie.html
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View Ahmed » 27/06/09, 19:46

To put it simply, GDP measures the intensity of waste or, if you prefer ineffectiveness ...
This growing inefficiency offsets the increase in productivity to keep the system in balance.
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