As with all rules of thumb, they don’t tell the whole story. Using fossil fuel usage as the sole stand in for energy usage, in an age when fossil fuel usage is being replaced by a different source… Is dumb.
Hydraulics already work off electricity. We already have electric cargo ships. Electric planes and semi trucks already exist. The percentage of machines that absolutely require fossil fuels at this point is shrinking rapidly.
Using an outdated metric continues to be dumb, regardless of your own limited awareness of the alternatives.
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If only there were a way to generate near unlimited amounts of energy without fossil fuels.
The entire concept of GDP is going to be the end of humans
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Pardon my ignorance but… So what? Like, what if somecountry isn’t winning the economic dick waggling competition?
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That number is not actually representative of how much food they produce, though.
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Still not represented by GDP
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GDP doesn’t directly measure food production.
A decrease in one industry doesn’t mean crops stop growing.
What America may need to grok is that GDP is not the same as happiness, and in a choice between the two GDP seems to be irrelevant.
This is why China is pursuing electrification. If transportation is battery powered, oil decouples from GDP.
They seem to be the only country on Earth that is actually taking this seriously. Everyone else seems to think oil is forever.
As with all rules of thumb, they don’t tell the whole story. Using fossil fuel usage as the sole stand in for energy usage, in an age when fossil fuel usage is being replaced by a different source… Is dumb.
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Hydraulics already work off electricity. We already have electric cargo ships. Electric planes and semi trucks already exist. The percentage of machines that absolutely require fossil fuels at this point is shrinking rapidly.
Using an outdated metric continues to be dumb, regardless of your own limited awareness of the alternatives.