Chemistry Homework Solutions
Problem
#84712

Energy Consumption

In 2000, the US accounted for one-fourth of the total world energy consumption and both the US and world rates were growing at a 3.5 percent annual rate. Suppose the US cut its growth rate to 1.1 percent, while the rest of the world growth 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)?



Solution Summary

The solution discusses how to apply geometric series to teh problem of oil consumption.

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