[...] Most economists say energy is 10% of GdP, so making energy much cheaper save 9-10% of GdP.
A french economist propose reanalysis that energy availability (by price) is the cause of 60% of growth... (I have made a post on that: a French economist explain GdP growth is mostly energy... ). [...]
unpredictable. priceless.
Yes, the effect on GdP has been severely underestimated. I have read your translation of the thread about the work of Gaël Giraud you refer to.
I would like to refine and concretize his statements further:
Before doing so, let us consider the direct influences that also orthodox economists recognize first:
First of all refering to the calculation in post no. 1
The calculation is conservative since the real energy gain per isotope transmutation is rather 3.2 MeV and of course the transmutation 61Ni -> 62Ni
also contributes a little bit.
So on the one hand we have the cost for the hypothetical lenr-device based energy infrastructure which is 500.000.000 $
The current direct costsfor the primary energy demand, so the 500 Exajoule is approx. 2 Trillion $
It is a number that is quite hard to grasp (at least for me) but you can image that it corresponds to giving each person on the world
280 $ each year. Just like that.
Now what could be indirect consequences?
I would like to start with one point.
1. What is about agricultural economics / food industry?
How much can the cost of crops, vegetables etc. depend on the energy cost? How cheap can you make it, when energy is virtually for free?
If you build green houses that have amortized. The costs for heating and running solar spectrum lamps will be zero except exchanging the light bulbs etc. You will have to buy fertilizers of course.
Now my question is how large is the share of energy on the cost of biochemical fertilizer synthetization and how large is the cost of elemental ingredients?
If energy cost is dominant, then we can say that food will also become incredibly cheap.
Can you think of other indirect influences?