Oil and Electricity Consumption Down in U.S.
I am very encouraged by recent underreported news about a significant drop in the consumption of electricity and oil in the United States this last year. According to the Wall Street Journal 'an unexpected drop in U.S. electricity consumption has utility companies worried that the trend isn't a byproduct of the economic downturn, and could reflect a permanent shift in consumption that will require sweeping change in their industry.'
Apparently the demand for electricity has been increasing at a rate of 1 to 2 percent annually for decades, but this last year various utility companies have reported a decline of between 3 percent and 9 percent across the country. This of course makes it difficult for the utilities to plan for future demand. While milder weather and an economic slow-down obviously have their impact, some of this lessening demand must be attributed to a conscious desire on the public to curb energy use.
Energy use
According to Index Mundi, the world-wide trend for electricity consumption has continued upward at a rate of nearly 3 percent over the last year. But we should not be too quick to congratulate ourselves as a species. The U.S. used nearly a quarter of all electricity generated in the world last year.
Worldwide oil use has actually declined by a quarter of a percent this year, and this trend is projected to continue into 2009. In the U.S., the decline has been 5.8 percent over last year. Some of this drop can be attributed to the fact that Americans have reduced the number of miles driven by 3.5 percent over the previous year, and this trend has continued despite the recent decrease in fuel costs.
Creating cleaner future
A lot of the commentary about these declines is lamenting the fact that economies are faltering and projections for an upturn are bleak. But I look at these trends as good news. There is only one way to begin to address the much bleaker prospects of global warming and the loss of natural resources. And that is to change the way we use energy and consume things in general…and that is beginning to happen. The cold fact is that economic reality drives much of what happens in the world, so while it is often hard to accept, in the end a slowing economy may be our salvation!
I think that president-elect Barack Obama's idea for jumpstarting the U.S. economy through investment in green industry, especially for energy, is wise. If jobs can be created while developing an infrastructure that is less dependent on fossil fuel and more reliant on renewable energy, then everyone worldwide will benefit.
Kelly Hart is the producer of GreenHomebuilding.com and DreamGreenhomes.com.
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