Investment advisors like Barron’s are apparently alarmed by a sudden drop in U.S. energy use, and believe that it indicates that our economy must now be in the deep freeze. Money guys—who always equate rise in GDP with rise in energy use—can imagine no other explanation for reduced energy use than that we are now experiencing economic doom, hiding in caves and struggling to work in wheelbarrows instead of our God-given SUVs.
Those of us who read green tech news, of course, know that decoupling energy use from GDP is the holy grail of an advanced low-carbon economy—that the world’s climate-conscious nations are striving to achieve. There’s even a pretty common name for it, “reducing energy intensity.”
via U.S. Drop In Energy Use: It’s A Feature, Not a Bug! | Earthtechling.
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