Category Archives: Growth

Aspects of growth, whether physical (energy, population) or economic

Discovering Limits to Growth

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After inaugurating the Do the Math blog with two posts on the limits to physical and economic growth, I thought it was high time that I read the classic book The Limits to Growth describing the 1972 world computer model by MIT researchers Meadows, Meadows, Randers, and Behrens. I am deeply impressed by the work, and I am compelled to share the most salient features in this post.

To borrow a word from a comment on the Do the Math site, I’m gobsmacked by how prescient some of the statements and reflections in the book are. Leaving aside remarkably good agreement in the anticipated world population and CO2 levels thirty years out (can’t fake this), I am amazed that many of the thoughts and conclusions I have formed over the past several years are not at all new, but were in black-and-white shortly after I was born. Continue reading →

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Does the Logistic Shoe Fit?

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U.S. total energy 1650-present (logarithmic)

This is a quick update regarding the first plot shown in the galactic scale energy post. A reader, Chris, called attention to the obvious departure from exponential growth in recent decades. The post required turning a blind eye to many practical issues (like population saturation) in order to entertain indefinite growth, serving to highlight the absurdity of the notion. But Chris goaded me into paying more attention to the departure from the exponential track in the actual data, and here are the results of a logistic approach. Continue reading →

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Can Economic Growth Last?

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[An updated treatment of this material appears in Chapter 2 of the Energy and Human Ambitions on a Finite Planet (free) textbook, and also forms the basis for a 2022 article in Nature Physics.]

As we saw in the previous post, the U.S. has expanded its use of energy at a typical rate of 2.9% per year since 1650. We learned that continuation of this energy growth rate in any form of technology leads to a thermal reckoning in just a few hundred years (not the tepid global warming, but boiling skin!). What does this say about the long-term prospects for economic growth, if anything?

Gross World Product

World economic growth for the previous century, expressed in constant 1990 dollars. For the first half of the century, the economy tracked the 2.9% energy growth rate very well, but has since increased to a 5% growth rate, outstripping the energy growth rate.

The figure at left shows the rate of global economic growth over the last century, as reconstructed by J. Bradford DeLong. Initially, the economy grew at a rate consistent with that of energy growth. Since 1950, the economy has outpaced energy, growing at a 5% annual rate. This might be taken as great news: we do not necessarily require physical growth to maintain growth in the economy. But we need to understand the sources of the additional growth before we can be confident that this condition will survive the long haul. After all, fifty years does not imply everlasting permanence.

The difference between economic and energy growth can be split into efficiency gains—we extract more activity per unit of energy—and “everything else.” The latter category includes sectors of economic activity not directly tied to energy use. Loosely, this could be thought of as non-manufacturing activity: finance, real estate, innovation, and other aspects of the “service” economy. My focus, as a physicist, is to understand whether the impossibility of indefinite physical growth (i.e., in energy, food, manufacturing) means that economic growth in general is also fated to end or reverse. We’ll start with a close look at efficiency, then move on to talk about more spritely economic factors. Continue reading →

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Galactic-Scale Energy

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[An updated treatment of this material appears in Chapter 1 of the Energy and Human Ambitions on a Finite Planet (free) textbook, and also appears as part of an article in Nature Physics in 2022.]

Since the beginning of the Industrial Revolution, we have seen an impressive and sustained growth in the scale of energy consumption by human civilization. Plotting data from the Energy Information Agency on U.S. energy use since 1650 (1635-1945, 1949-2009, including wood, biomass, fossil fuels, hydro, nuclear, etc.) shows a remarkably steady growth trajectory, characterized by an annual growth rate of 2.9% (see figure). It is important to understand the future trajectory of energy growth because governments and organizations everywhere make assumptions based on the expectation that the growth trend will continue as it has for centuries—and a look at the figure suggests that this is a perfectly reasonable assumption.  (See this update for nuances.)

U.S. total energy 1650-present (logarithmic)

Total U.S. Energy consumption in all forms since 1650. The vertical scale is logarithmic, so that an exponential curve resulting from a constant growth rate appears as a straight line. The red line corresponds to an annual growth rate of 2.9%. Data source: EIA.

Growth has become such a mainstay of our existence that we take its continuation as a given. Growth brings many positive benefits, such as cars, television, air travel, and iGadgets. Quality of life improves, health care improves, and, aside from a proliferation of passwords to remember, life tends to become more convenient over time. Growth also brings with it a promise of the future, giving reason to invest in future development in anticipation of a return on the investment. Growth is then the basis for interest rates, loans, and the finance industry.

Because growth has been with us for “countless” generations—meaning that everyone we ever met or our grandparents ever met has experienced it—growth is central to our narrative of who we are and what we do. We therefore have a difficult time imagining a different trajectory.

This post provides a striking example of the impossibility of continued growth at current rates—even within familiar timescales. For a matter of convenience, we lower the energy growth rate from 2.9% to 2.3% per year so that we see a factor of ten increase every 100 years. We start the clock today, with a global rate of energy use of 12 terawatts (meaning that the average world citizen has a 2,000 W share of the total pie). We will begin with semi-practical assessments, and then in stages let our imaginations run wild—even then finding that we hit limits sooner than we might think. I will admit from the start that the assumptions underlying this analysis are deeply flawed. But that becomes the whole point, in the end.

A Race to the Galaxy

I have always been impressed by the fact that as much solar energy reaches Earth in one hour as we consume in a year. What hope such a statement brings! But let’s not get carried away—yet.

Only 70% of the incident sunlight enters the Earth’s energy budget—the rest immediately bounces off of clouds and atmosphere and land without being absorbed. Also, being land creatures, we might consider confining our solar panels to land, occupying 28% of the total globe. Finally, we note that solar photovoltaics and solar thermal plants tend to operate around 15% efficiency. Let’s assume 20% for this calculation. The net effect is about 7,000 TW, about 600 times our current use. Lots of headroom, yes? Continue reading →

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