Semieniuk, G., Taylor, L., Rezai, A. et al. Plausible energy demand patterns in a growing global economy with climate policy. Nat. Clim. Chang. 11, 313–318 (2021)

Objective:

• Explore how the underlying model’s explanatory power could be improved

Case:

• Global countries, MAF region

Methodology:

• Energy intensity: $\frac{Y}{P} = \frac{Y}{E} \frac{E}{P}$

Data Source

• Energy supply: IEA, UN
• GDP and population: Penn world table

Findings:

• A tight correlation between GDP per capita and PE capita
• The fastest global labor productivity growth on record occured during 1950-73, known as the goldend age of capitalism

Coding Reference:

• Upon request