Essentially the energy available to humans has been increasing by some tiny but consistent amount since the 1600's. I fuzzily recall the article listed the energy increase at about 1.3% per year. At that rate, total energy use / heat output by the human race is doubling every 60 years.
My point isn't that we are going to melt the planet but that we are going to be unable to increase energy available to every human being this way forever.
And that forms a cap on increasing standards of living.
You can put limitations off for a while with increased efficiency but there are limits to that as well.
Here...this will illustrate my point.
http://en.wikipedia.org/wiki/W...
Between 1990 and 2008, energy generation increased by about 22%. That may not be 1.3% but it looks close.
From 102,569 to 143,851 Terawatts.
I'll plug this in a spreadsheet. Okay for 500 years from now, assuming population growth stops today.. energy consumption would be 90,578,708 Terawatts.
http://en.wikipedia.org/wiki/E...
Currently, 147TW is about .082% of the earth's energy budget. 90,578,708TW would take 52% of the earth's energy budget. So every year (for a looong time) would have had excess heat at that point.
You have the math handy... how long can we sustain a 1.3% annual energy increase before it becomes a problem?