Economic growth is due to one of two things: 1) increased population or 2) increased efficiency.
Increased efficiency directly addresses the problem you raised.
Creating LED light bulbs that produce the same amount of light at 1/6th the electrical power just freed up 5/6thβs of that power for something else at no net increase in electrical generation.
Increased efficiency directly addresses the problem you raised.
Creating LED light bulbs that produce the same amount of light at 1/6th the electrical power just freed up 5/6thβs of that power for something else at no net increase in electrical generation.