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| (2010-06-14) Cost in % of GDP To Pay For Perpetualism this | ||||||||||||||||||||||||||||||||||||||||||||||||||
Perpetualism is the economy that emerges when people no longer have to pay for energy. When there is no longer a concentration of funds due to the energy supply and when all energy that is generated is renewable. Such a situation can sustain people in perpetuity. Below I calculated the percentage of GDP that would have to be reserved to pay off a 30 year mortgage on the renewable sources to free each individual from their dependence on depletables (fossil fuels, nuclear). Of course this cost is reduced by increased efficientcy and behavioural changes and perhaps a smarter more cost effective approach to creating the capacity.(Oops! May have to correct for dollar/euro GDP numbers, will do so soon)
Sources, OESO, Wikipedia and CIA (*) Percentage of GDP based on 850 kWh/kWP 1,5 Euro/Wp and 1,1 GJ/m2 158 Euro/m2 balancing 61% thermal and 39% electrical renewables at current market prices. | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Link: http://www.greencheck.nl/index.php?/archives/106-Perpetualism,-the-new-Economic-Framework.html |
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