Past world economic production constrains current energy demands: Persistent scaling with implications for economic growth and climate change mitigation
Climate change has become intertwined with the global economy. Here, we describe the contribution of inertia to future trends. Drawing from thermodynamic principles, and using 38 years of available statistics between 1980 to 2017, we find a constant scaling between current rates of world primary ene...
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description | Climate change has become intertwined with the global economy. Here, we describe the contribution of inertia to future trends. Drawing from thermodynamic principles, and using 38 years of available statistics between 1980 to 2017, we find a constant scaling between current rates of world primary energy consumption [Formula: see text] and the historical time integral W of past world inflation-adjusted economic production Y, or [Formula: see text]. In each year, over a period during which both [Formula: see text] and W more than doubled, the ratio of the two remained nearly unchanged, that is [Formula: see text] Gigawatts per trillion 2010 US dollars. What this near constant implies is that current growth trends in energy consumption, population, and standard of living, perhaps counterintuitively, are determined by past innovations that have improved the economic production efficiency, or enabled use of less energy to transform raw materials into the makeup of civilization. Current observed growth rates agree well with predictions derived from available historical data. Future efforts to stabilize carbon dioxide emissions are likely also to be constrained by the contributions of past innovation to growth. Assuming no further efficiency gains, options look limited to rapid decarbonization of energy consumption through sustained implementation of at least one Gigawatt of renewable or nuclear power capacity per day. Alternatively, with continued reliance on fossil fuels, civilization could shift to a steady-state economy, one that devotes economic production exclusively to maintining ongoing metabolic needs rather than to material expansion. Even if such actions could be achieved immediately, energy consumption would continue at its current level, and atmospheric carbon dioxide concentrations would only begin to balance natural sinks at concentrations exceeding 500 ppmv. |
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Current observed growth rates agree well with predictions derived from available historical data. Future efforts to stabilize carbon dioxide emissions are likely also to be constrained by the contributions of past innovation to growth. Assuming no further efficiency gains, options look limited to rapid decarbonization of energy consumption through sustained implementation of at least one Gigawatt of renewable or nuclear power capacity per day. Alternatively, with continued reliance on fossil fuels, civilization could shift to a steady-state economy, one that devotes economic production exclusively to maintining ongoing metabolic needs rather than to material expansion. 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Here, we describe the contribution of inertia to future trends. Drawing from thermodynamic principles, and using 38 years of available statistics between 1980 to 2017, we find a constant scaling between current rates of world primary energy consumption [Formula: see text] and the historical time integral W of past world inflation-adjusted economic production Y, or [Formula: see text]. In each year, over a period during which both [Formula: see text] and W more than doubled, the ratio of the two remained nearly unchanged, that is [Formula: see text] Gigawatts per trillion 2010 US dollars. What this near constant implies is that current growth trends in energy consumption, population, and standard of living, perhaps counterintuitively, are determined by past innovations that have improved the economic production efficiency, or enabled use of less energy to transform raw materials into the makeup of civilization. Current observed growth rates agree well with predictions derived from available historical data. Future efforts to stabilize carbon dioxide emissions are likely also to be constrained by the contributions of past innovation to growth. Assuming no further efficiency gains, options look limited to rapid decarbonization of energy consumption through sustained implementation of at least one Gigawatt of renewable or nuclear power capacity per day. Alternatively, with continued reliance on fossil fuels, civilization could shift to a steady-state economy, one that devotes economic production exclusively to maintining ongoing metabolic needs rather than to material expansion. 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Here, we describe the contribution of inertia to future trends. Drawing from thermodynamic principles, and using 38 years of available statistics between 1980 to 2017, we find a constant scaling between current rates of world primary energy consumption [Formula: see text] and the historical time integral W of past world inflation-adjusted economic production Y, or [Formula: see text]. In each year, over a period during which both [Formula: see text] and W more than doubled, the ratio of the two remained nearly unchanged, that is [Formula: see text] Gigawatts per trillion 2010 US dollars. What this near constant implies is that current growth trends in energy consumption, population, and standard of living, perhaps counterintuitively, are determined by past innovations that have improved the economic production efficiency, or enabled use of less energy to transform raw materials into the makeup of civilization. Current observed growth rates agree well with predictions derived from available historical data. Future efforts to stabilize carbon dioxide emissions are likely also to be constrained by the contributions of past innovation to growth. Assuming no further efficiency gains, options look limited to rapid decarbonization of energy consumption through sustained implementation of at least one Gigawatt of renewable or nuclear power capacity per day. Alternatively, with continued reliance on fossil fuels, civilization could shift to a steady-state economy, one that devotes economic production exclusively to maintining ongoing metabolic needs rather than to material expansion. Even if such actions could be achieved immediately, energy consumption would continue at its current level, and atmospheric carbon dioxide concentrations would only begin to balance natural sinks at concentrations exceeding 500 ppmv.</abstract><cop>United States</cop><pub>Public Library of Science</pub><pmid>32853298</pmid><doi>10.1371/journal.pone.0237672</doi><tpages>e0237672</tpages><orcidid>https://orcid.org/0000-0001-9277-8773</orcidid><orcidid>https://orcid.org/0000-0003-2135-9410</orcidid><oa>free_for_read</oa></addata></record> |
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subjects | Carbon dioxide Carbon dioxide atmospheric concentrations Carbon dioxide concentration Carbon dioxide emissions Carbon dioxide in the atmosphere Civilization Climate Change Climate change mitigation Decarburizing Earth Sciences Economic aspects Economic development Economic Development - trends Economic growth Economics Efficiency Emissions Energy consumption Energy resources Energy-Generating Resources - economics Energy-Generating Resources - statistics & numerical data Engineering and Technology Environmental aspects Equilibrium Fossil fuels Global economy Growth rate Historical account Innovations International aspects Metabolism Mitigation Models, Econometric Nuclear energy Nuclear fuels Nuclear power Physical Sciences Raw materials Social Sciences Standard of living Trends |
title | Past world economic production constrains current energy demands: Persistent scaling with implications for economic growth and climate change mitigation |
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