
#373: The Energy of Nations with John Constable
TFTC: A Bitcoin Podcast
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The Henry Adams Curve - Energy Efficiency
Energy is like cash. It's never left on the table, says David Frum. Energy efficiency may be buffering that falling consumption, but it won't be causing the falling consumption. As energy becomes much more expensive, yes, of course, people are desperately trying to improve efficiency processes. So they're protecting themselves and getting increasingly costly energy by improving efficiency of their processes. But unfortunately, the cost of energy can keep on rising, and therefore, people can't afford to use the energy.
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