The Iron Law & Democratizing Access to Energy

Access to energy is an enabling, even liberating objective. In the 1970s, the concept of “The Iron Law” emerged. Daniel Yergin in his book, “The Prize, The Epic Quest for Oil, Money & Power” explains:

“The Iron Law – an inevitably close relationship between economic growth rates and the growth rates for energy and oil use. If the economy grew at 3 or 4 percent a year, as was generally presumed, oil demand would also grow by 3 or 4 percent a year. Another way of putting it was that income was the main determinant of energy and oil consumption.”

It is clear that access to energy is a limiting factor in the growth and development of nations. Fortunately, technology has now advanced to the point it is possible to harvest energy from sunlight. While storage technologies are still in the development and improvement stage, it is clear that we are moving from the Hydrocarbon Era to the Solar Hydrocarbon Era.

One has to wonder about the significance of moving from ‘HE’ to ‘SHE’ – what will that mean to the character of the world which we hand over to our children.

We don't have an energy crisis, we have a harvesting problem

We don’t have an energy crisis, we have a harvesting problem

If Greg Palast (Vulture’s Picnic) is right is observing that “Oil is liquid war,” then one has to wonder what changes will be wrought if we grasp the fact that, since particles of sunlight deliver more energy to the earth in one hour than the entire human race uses is a year, “We don’t have an Energy Crisis, we have a harvesting problem.”

NEXT – Creating an Internet-based crowdfunding exchange that will assist those who are interested in Democratizing  Access to Energy in building awareness, raising funds and gathering momentum for the development of a “parallel economy.

4 Comments on "The Iron Law & Democratizing Access to Energy"

  1. Forgotten a huge CLOUD power – AIR HYDRO ~ 800 TW – http://airhes.com

    • Certainly an interesting idea. I have no idea if you are serious about this, or whether it would work or not, but in a world where Vladimir Putin is clanging the war bell once again, I would certainly prefer an investigation into this than spending a few billion to destroy property and kill people!

      • Andrew —

        The Putin thing never gathered any steam, but the it is time to try something different. I have sixteen (or so) grandchildren, and I am worried that there is nothing for them to get really excited about. I was at the Utah Governor’s Energy Summit and a guy named Ted Nordhaus (I think that is right) talked about Eco-Modernism. Have you heard the phrase?

        Sorry it took me forever to respond … I was giving up hope!

        Many thanks.

        Grandpa Whittles

  2. Very good article! We are linkinhg to this particularly great article onn our website.
    Keep up thhe great writing.

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