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Strong growth means increased use of energy at a pace that…

“Strong growth means increased use of energy at a pace that can strain the capacity to supply what is needed at a reasonable price.” quote by George P. Shultz
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“Strong growth means increased use of energy at a pace that can strain the capacity to supply what is needed at a reasonable price.”

George P. Shultz

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Rapid economic growth raises energy demand, potentially outpacing supply and driving up prices.

In simple terms: Growth can strain energy supply and raise costs.

Key Takeaway

Plan for diversified, sustainable energy sources.

Themes

economics energy growth price sustainability

Mood

cautious forward-looking

Type

policy analytical

When to use this quote

  • government budgeting
  • industrial expansion
  • urban planning
  • price forecasting

Key Concepts

energy markets capacity planning renewables policy risk management

Questions to Reflect On

  • What policies can smooth demand spikes?
  • How can businesses hedge against energy price volatility?
A Different Perspective

Renewables may not scale quickly enough to meet sudden demand spikes.

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