How does energy consumption contribute to economic development?

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Luther Bartell asked a question: How does energy consumption contribute to economic development?
Asked By: Luther Bartell
Date created: Wed, Sep 29, 2021 7:41 AM
Date updated: Tue, Jun 28, 2022 3:00 AM

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Moreover, the effect of energy consumption on economic growth decreases as the income level of the country increases. This indicates that the efficient use of energy is as important as energy consumption, which is regarded as an important indicator of economic development.

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