Higher Efficiency = Higher Consumption (Jevons' Paradox)

As efficiency rises, the energy infustry should expand not contract. GDP should increase and wages should go up (increased consumption due to lower costs from efficiency). Growth in demand from these lower costs negates the effects from efficiency to some extent.


Efficiency doesn’t decrease the energy industry and it already does increase the GDP.

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When I implement smart meters( for ex), it contracts the energy industry, take a look at the values, it’s in negative.

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