London After Recession by Iain MacRury Gavin Poynter

Author:Iain MacRury, Gavin Poynter [Iain MacRury, Gavin Poynter]
Language: eng
Format: epub
Tags: Social Science, Sociology, Urban
ISBN: 9781409483342
Google: XWWr_a8FoOYC
Publisher: Ashgate Publishing, Ltd.
Published: 2012-10-28T05:09:27+00:00

Table 11.3 Energy use, London, 2004-2008, and as projected to 2011 and 2015; TWh

Rises in Energy Efficiency won’t Depress London’s Demand for Energy

Before now, Boris Johnson has written: ‘Recession or not, this will be remembered as a new Victorian Age’ (Johnson 2009). But the Mayor should know his beloved Victorian era better. In that time, William Stanley Jevons (1832-1885) trained and later professed at University College London. Jevons, derided by Marx and Engels as one of the founders of the marginal utility school of economics, wrongly anticipated the advent of what today would be termed ‘peak coal’. But on one thing he was right: increases in the efficiency with which energy is used lead to a greater demand for energy, not a smaller one. Jevons wrote: ‘It is wholly a confusion of ideas to suppose that the economical use of fuel is equivalent to a diminished consumption. The very contrary is the truth’ (Jevons 1865). Other things being equal, a bigger energy bang for a buck will lead to more use of energy, not less.1

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.