Jevons Paradox: A lament for using more
Jevons Paradox implies that in the long term, an increase in efficiency in the resource usage will generate an increase in resource consumption rather than a decrease 1. Jevons Paradox is a term conceived in economics by English economist William Stanley Jevons in his 1865 book “The Coal Question”. Jevons observed that England’s coal consumption increased after James Watt introduced new efficient steam engine, though by all means the coal consumption should have decreased as a result of higher efficiency of coal powered engines 2. ...