The Most Energy Efficient Economy In History

By: Mark J. Perry Monday, October 05, 2009 8:56 PM

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Bottom Line: The U.S. economy has never been more energy efficient than it is today and it just keeps getting more efficient every year as we find ways to produce more output with less energy (see top chart). Home appliances keep getting both cheaper to purchase and cheaper to operate over time (see charts above), which translates into a rising standard of living for the average American. Amid all of the gloom and doom we hear about the state of the economy, the increase in energy efficiency is something to celebrate.

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