$this->bbcode_second_pass_quote('dorlomin', 'H')mmmmm seems Germany has not cut back on electricity production. *scratches chin*

[mos6507]

$this->bbcode_second_pass_quote('OilFinder2', '
')So, once again, not only is increased fossil fuel consumption not necessary for economic growth, increased overall energy use is not even necessary for economic growth.

[TheDude]

Japan's GDP is 73% services.

$this->bbcode_second_pass_quote('', 'J')apan's service sector accounts for about three-fourths of its total economic output. Banking, insurance, real estate, retailing, transportation, and telecommunications are all major industries such as Mitsubishi UFJ, Mizuho, NTT, TEPCO, Nomura, Mitsubishi Estate, Tokio Marine, JR East, Seven & I, ANA counting as one of the largest companies in the world. The Koizumi government set Japan Post, one of the country's largest providers of savings and insurance services for privatization by 2014. The six major keiretsus are the Mitsubishi, Sumitomo, Fuyo, Mitsui, Dai-Ichi Kangyo and Sanwa Groups. Japan is home to 326 companies from the Forbes Global 2000 or 16.3% (as of 2006).

[s0ul5]

Global perspective, OilFinder2?

The energy spend on producing Japan's raw materials (and a lot of food) is spend in other countries and doesn't show on Japan's statistics.

Of countries whose main portion of GDP is from industry sector exports, how many has a flat energy consumption AND a growing GDP?

[Starvid]

$this->bbcode_second_pass_quote('vision-master', 'I')'ve listened to enough of your garbage. <IGNORE>

[dorlomin]

$this->bbcode_second_pass_quote('OilFinder2', '
')Yes I'm sure the transition of the old East Germany from Marxism to something more efficient has had some sort of effect.

[Starvid]

$this->bbcode_second_pass_quote('OilFinder2', 'N')o, increased fossil fuel consumption is not a prerequisite for economic growth.

[Starvid]

$this->bbcode_second_pass_quote('dorlomin', 'H')mmmmm seems Germany has not cut back on electricity production. *scratches chin*

So when we can perhaps look at countries not making huge improvements from moving from Marxism then we can have another wee chat about energy and GDP.

[JohnDenver]

A broader example of growth despite stagnant oil production.

From 1979 to 1993 there was no net growth in oil production. In fact, there was a huge drop in oil production, and much less oil was produced than if oil had simply plateaued for 14 years at 1979 levels:


Nevertheless, in real terms, the global economy grew steadily throughout that period (statistics from the World Bank's "World Development Indicators Database"):

[r101958]

Production and consumption are two different things. Consumption was still increasing. Let's not confuse the issue.

[s0ul5]

$this->bbcode_second_pass_quote('r101958', 'P')roduction and consumption are two different things. Consumption was still increasing. Let's not confuse the issue.

[JohnDenver]

$this->bbcode_second_pass_quote('r101958', 'P')roduction and consumption are two different things. Consumption was still increasing.

[TonyPrep]

$this->bbcode_second_pass_quote('OilFinder2', 'T')here are many countries whose oil consumption is flat or declining for some time, and yet their economies have continued to grow. This has been discussed at length here.

[TonyPrep]

$this->bbcode_second_pass_quote('OilFinder2', '')$this->bbcode_second_pass_quote('The_Virginian', 'Y')EP! And worse Total Liquids Often includes ETHANOL!

[yesplease]

$this->bbcode_second_pass_quote('TonyPrep', '')$this->bbcode_second_pass_quote('OilFinder2', 'T')here are many countries whose oil consumption is flat or declining for some time, and yet their economies have continued to grow. This has been discussed at length here.

[TonyPrep]

$this->bbcode_second_pass_quote('yesplease', '')$this->bbcode_second_pass_quote('TonyPrep', '')$this->bbcode_second_pass_quote('OilFinder2', 'T')here are many countries whose oil consumption is flat or declining for some time, and yet their economies have continued to grow. This has been discussed at length here.

[yesplease]

JohnDenver posted the graphs on the last page.



The same thing as what this link from Wikipedia and this link from a blog show. Oil consumption was flat from the late seventies to early nineties, while real GDP grew, in the only self contained economy we know of.

[TheDude]

$this->bbcode_second_pass_quote('yesplease', 'J')ohnDenver posted the graphs on the last page.

The same thing as what this link from Wikipedia and this link from a blog show. Oil consumption was flat from the late seventies to early nineties, while real GDP grew, in the only self contained economy we know of.

[yesplease]

It doesn't even mean severe recession, at least globally. This link should work for GDP. Even the "severe recession" in the US you speak of was about a -2% change in real GDP over the course of a year as per your graph w/ most of the other years showing a ~2.5-4% increase with a couple remaining flat. On average I'm guessing there was a ~2-3% increase in GDP/year while oil consumption remained flat.

The drop in consumption was temporary because the increase in price was temporary. I don't see how we would've seen otherwise w/ a permanent increase in price.