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Power to the People - Energy in Europe over the Last Five Centuries (Paperback)
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Power to the People - Energy in Europe over the Last Five Centuries (Paperback)
Series: The Princeton Economic History of the Western World
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Power to the People examines the varied but interconnected
relationships between energy consumption and economic development
in Europe over the last five centuries. It describes how the
traditional energy economy of medieval and early modern Europe was
marked by stable or falling per capita energy consumption, and how
the First Industrial Revolution in the eighteenth century--fueled
by coal and steam engines--redrew the economic, social, and
geopolitical map of Europe and the world. The Second Industrial
Revolution continued this energy expansion and social
transformation through the use of oil and electricity, but after
1970 Europe entered a new stage in which energy consumption has
stabilized. This book challenges the view that the outsourcing of
heavy industry overseas is the cause, arguing that a Third
Industrial Revolution driven by new information and communication
technologies has played a major stabilizing role. Power to the
People offers new perspectives on the challenges posed today by
climate change and peak oil, demonstrating that although the path
of modern economic development has vastly increased our energy use,
it has not been a story of ever-rising and continuous consumption.
The book sheds light on the often lengthy and complex changes
needed for new energy systems to emerge, the role of energy
resources in economic growth, and the importance of energy
efficiency in promoting growth and reducing future energy demand.
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