Life satisfaction and electricity consumption

A nation’s electricity consumption has been seen as a useful proxy for measuring economic growth offering a useful alternative to conventional measures such as gross domestic product (GDP) by incorporating the assumption that greater consumption means a better quality of life. However, country-by-country analysis reported in International Journal of Global Energy Issues suggests that this may not necessarily be the case.

Source: Phys.org – Energy & Green Tech News

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s