Seeds ECOE , Thinking out loud?

#129: Why, what, how?
Posted on June 20, 2018
SEEDS AND THE CHASM IN ECONOMIC UNDERSTANDING

https://surplusenergyeconomics.wordpress.com/2022/03/04/223-trading-with-the-common-enemy/comment-page-1/#comment-29457

Stylized modelled theory and Empirical Evidence. Seeds of Proof.


This calculation also means that GDP, reported at $127tn for 2017, falls to just $90tn on a clean, ex-manipulation basis – and even this, of course, is before we allow for ECoE, whose global cost has increased by 58%, from $4.5tn in 2008 to $6.9tn last year(2017).

2008 = 4.5tn 20 496 KWH per capita 6,757 billion

https://www.wolframalpha.com/input?i=20496+KWH+x+6%2C757+billion

https://www.wolframalpha.com/input?i=%244.5tn+%2F+%2820496+KWH+x+6%2C757+billion%29

2017 = 6.9tn 20,265 KWH per capita 7,600 billion
https://www.wolframalpha.com/input?i=20%2C265+KWH+x++7%2C600+billion


A critical point here is that, once on the upwards slope of the parabola, the rise in ECoE is exponential. According to SEEDS, global ECoE has risen from 3.5% in 1998 to 5.4% in 2008 and 8.0% now, and is projected to reach 10% by 2028.


https://ourworldindata.org/energy-mix

https://ourworldindata.org/grapher/long-term-energy-transitions?country=~SWE

https://ourworldindata.org/world-population-growth

This calculation also means that GDP, reported at $127tn for 2017, falls to just $90tn on a clean, ex-manipulation basis – and even this, of course, is before we allow for ECoE, whose global cost has increased by 58%, from $4.5tn in 2008 to $6.9tn last year.

A 58% increase in energy cost of energy from 2008 -2017? what could the other factors be ? is there double counting inherent in the monetary inflation?

This calculation also means that GDP, reported at $127tn for 2017, falls to just $90tn on a clean, ex-manipulation basis – and even this, of course, is before we allow for ECoE, whose global cost has increased by 58%, from $4.5tn in 2008 to $6.9tn last year.

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Author: rogerglewis

https://about.me/rogerlewis Looking for a Job either in Sweden or UK. Freelance, startups, will turń my hand to anything.

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