This note is a part of my Zettelkasten. What is below might not be complete or accurate. It
is also likely to change often.
Jevon's Paradox was first proposed by William Stanley Jevons when he observed that technological improvements to coal usage efficiency lead to an overall increase in consumption of coal.
He observed this when Watt's steam engine came into being but this can be seen in many different instances. Example: people who own more energy efficient cars tend to drive more than others.
This is because, increased efficiency lowers the resource consumption, hence lowering the cost. This can effect in two ways: