Energy consumption
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The question is In, 2000the US accounted for one-fourth of the total world energy consumption and both the US and world rates were growing at a 4% annual rate. Suppolse the US cut its growth rate to .3%, while the rest of the world propelled by the needs of developing countries, continued to increase by the historic rate. What would be the US share of total consumption in 2050 in percent?
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Solution Summary
This post determines total consumption in the scenario.
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Assuming that the current total consumption is normalized to 1.
Then the US's consumption is 1/4 * 1 = 0.25
And the rest of the world has 1 - 0.25 = 0.75 ...
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