Energy and Economic Growth

As the world struggles to come out from a global economic decline and financial crisis, countries are looking for solutions to upgrade domestic economic performance and put people back to work. Global energy demand and prices have been resilient throughout the recession, leading policy-makers in countries with the potential to produce energy to look to that sector as a potential engine for economic furtherance. The energy sector constitutes a relatively modest share of GDP in most countries, except for those in which gas and oil income loom large. However, the energy sector’s impact on the economy is greater than the volume of its parts. Most importantly, energy is an input to nearly every good and service in the economy. For this reason, reasonable and stable energy prices are beneficial to reigniting, sustaining and expanding economic growth.

World energy consumption introduce to the total energy used by all of human civilization. Typically measured per year, it involves all energy utilized from every energy source applied towards humanity's endeavour across every single industrial and technological sector, over every country. Being the power source metric of civilization, World Energy Consumption has deep intimations for humanity's social-economic-political sphere.

  • Capital
  • New products and services
  • Political institutions, property rights, and rule of law
  • Growth phases and sector shares
  • Business cycle
  • Income equality
  • Energy Efficiency
  • Energy Recovery Technologies

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