Energy demand growth has been steadily decreasing in the western world (currently at .7%).
While efficiency improvements are one reason, structural factors are also notable. Most importantly, producing industry moved to the developing world. Also interesting: House sizes have been incresing (with wealth) during the last decade, but as more people live alone and the recession eats up wealth, that trend might be reversed soon.

23 Sep 2012 - 15:36
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