Damus
calle · 116w
The causality is very likely inverted but everyone who posts this plot gets it the wrong way. Higher energy consumption does not lead to wealth. Have you gotten richer by turning on your stove? That...
BoomTown profile picture
I see your point and you’re not wrong…but the electricity value is the easiest proxy for domestic energy production (OR proximity to energy production). If as a country you don’t have access to or produce electricity, you won’t develop industry, which elevates standard of living. Access to affordable, useable energy at scale relative to your population is critical…the countries in the bottom left don’t have that…the countries in the top right do.
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calle · 116w
Yes, we agree that energy production is key. All I'm saying is that there is no causal relationship that is apparent from this graph, not the correlation (which is very obvious!). The graph measures energy *consumption* and there are many examples you can construct to show that the causality doesn't...