As someone who doesn't always take the time to look into claims people are making on the internet, I really appreciate this deep dive into something that I would've probably taken at face value and repeated to other people as fact. Really enjoyed this breakdown of information and i'm glad decarbonization and wealth of countries aren't at odds with each other!
An interesting point to consider as well is the fact that economies will increase electric demand drastically, but will see related carbon emissions drop. For example, peak demand in the Midwestern USA (MISO) is around 120 GW today. However, projects currently in the queue for interconnection total 160 GW - around 135 of which is purely wind and solar!
So, while there’s some understandable correlation between GDP and energy consumption (though not one to be overstated as you show here :) ), the link to emissions hopefully becomes much smaller, thanks to the favorable econs of today’s renewable generation sources
Great point. The decoupling of emissions and GDP can largely be attributed to increases in energy efficiency, but future decoupling will likely be decided by the degree of renewable power supply. The favorable price will (hopefully!) lead to future further decoupling, without the sacrifice of energy abundance
As someone who doesn't always take the time to look into claims people are making on the internet, I really appreciate this deep dive into something that I would've probably taken at face value and repeated to other people as fact. Really enjoyed this breakdown of information and i'm glad decarbonization and wealth of countries aren't at odds with each other!
An interesting point to consider as well is the fact that economies will increase electric demand drastically, but will see related carbon emissions drop. For example, peak demand in the Midwestern USA (MISO) is around 120 GW today. However, projects currently in the queue for interconnection total 160 GW - around 135 of which is purely wind and solar!
So, while there’s some understandable correlation between GDP and energy consumption (though not one to be overstated as you show here :) ), the link to emissions hopefully becomes much smaller, thanks to the favorable econs of today’s renewable generation sources
Great point. The decoupling of emissions and GDP can largely be attributed to increases in energy efficiency, but future decoupling will likely be decided by the degree of renewable power supply. The favorable price will (hopefully!) lead to future further decoupling, without the sacrifice of energy abundance