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Friday, July 2, 2010

ENERGY AND HISTORY

Throughout the history of human race, major advances in civilization have been accompained by increase in the rate of energy consumption.
Energy consumption appears to be directly related to the:
  • level of living standard of populance
  • degree of industrialization of the country

Countries with abundant supplies of energy available to them have shown:
  • high rate of industrial growth
  • corresponding increase in the gross national product (GNP)

The availability of low cost energy have led to the following:
  • inefficient utilization of the energy

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