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Our living standards depend on energy density : Comments
By Geoff Carmody, published 27/6/2024The global history of rising living standards is a history of harnessing more energy-dense, cheaper, power sources.
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On our present course I predict several things will happen. Subsidy fatigue will hit some heavy industries like aluminium smelting so we will watch them decamp offshore. New industries like rare earth processing won't get off the ground without big power subsidies. When all the cities are hitting 45C air conditioning will be remotely switched off. EV charging will be rationed at times, something that has already happened in Switzerland and California. Growing food will be harder with less tractor fuel and fertiliser. For those of us still around after 2030 welcome to the brave new future.