Texas has prospered in recent years. The state's population and economy have grown at a steady pace, and estimates are that this growth will continue. However, as I argued in a recent study published by the Texas Public Policy Foundation, continued economic growth, and the prosperity it brings and spreads, relies upon continued growth in available power. Despite improvements in efficiency allowing ongoing improvements in the amount of Gross National Product and Gross Domestic Product per unit energy used, the world has yet to discover a way to decouple continued economic growth from increased power use.
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