Skip to main content
Tag

citigroup

f(x) where x = Energy Cost

By Energy Efficiency, Energy Rant, Government One Comment
It has been a while since I’ve picked on an economist for his or her seemingly foolish statements and theories (other than the Ben Bernanke but I’ll get back to him later). Ed Dolan, university / government wonk, states in an interview that there is no lock-step relationship between economic growth and energy cost.  Rather, the world’s best performing economies have substantially increased their energy efficiency in terms of energy consumption per gross domestic product (GDP).  He states while the OECD countries (Organisation for Economic Co-operation and Development) - about 35 mostly free countries – increased efficiency by an average…
Read More