Energy Plays Dominant Role in Hawai`i Economy
Hawai`i's Gross Domestic Product (GDP) in 2014 was $76.2 billion. The U.S. Energy Information Administration updated its Hawai`i Profile on September 17, 2015. "Hawaii's geographic isolation makes its energy infrastructure unique among the states. In recent years, more than one-tenth of the state's gross domestic product has been spent on energy, most of that for imported crude oil and petroleum products.” These figures are consistent with international figures. “ World energy consumption refers to the total energy used by all of human civilization. Typically measured per year, it involves all energy harnessed from every energy source applied towards humanity's endeavors across every single industrial and technological sector, across every country. … In 2011, expenditures on energy totaled over 6 trillion USD, or about 10% of the world gross domestic product (GDP).” Energy drives the world economy at $190,000 per second, $...