"The energy required to produce a unit of GDP is falling in most countries around the world. As countries industrialise, energy-intensive businesses make up a bigger share of the economy. Peaks generally correlate to the high point of heavy industry, before lighter industry and higher value-added businesses (such as services) begin to replace old-fashioned smokestack manufacturers. This often coincides with gains in energy efficiency, too."
19 January 2011
Energy Intensity ~ Powerful Convergence in Use
The Economist's Daily Chart is again revealing, today of the convergence in Energy Intensity in key economies over time...