Will we experience the greatest and best-monitored collapse of all time?

[shishir.seoexpert1]

Rebound effect
The culprit, says the Smart 2020 report, is the "rebound effect". This is based on the "Jevons paradox" (1865), which states that any progress in energy efficiency results in an increase in consumption.

A curious paradox, to tell the truth. The different gambling data qatar forms of "rebound effect" (systemic, etc.) recall something known: they can take productivity gains, such as those found for example in Schumpeter or even Adam Smith (1776).

A little-known article shows that in the context of neoclassical analysis, which assumes that agents seek to maximize their gains, the paradox becomes a rule, according to which any gain in efficiency that is coupled with an economic gain is sure to result in increasing consumption . However, the gains in efficiency mentioned so far ("Koomey's law", etc.) generally have this property.

A report from General Electric illustrates the difficulty very well. The company is pleased that the use of smart grids allows it to reduce CO2 emissions and save money; reducing GHGs is therefore profitable. But what will the company do with these gains? Nothing is said on this subject. Will it reinvest them in consuming more ? Or will it choose other priorities? Nothing indicates this, the document shows that the company's general priorities remain unchanged, it is still a question of "satisfying needs" which are obviously growing.