It may be possible through some major restructuring, and a willingness to change our consumption patterns. A US lifestyle at 12000 watts per person (per year) is unsustainable. Yet a Swiss project envisions a 2000-watt society while still providing a good standard of living. It is currently running initiatives in Basel, Zurich and Geneva. The goal is to achieve that standard by 2050.
From Zurich’s city page: "Ten years ago, the vision of a “2000-Watt Society” was developed at the Swiss Federal Institute of Technology (ETH) in Zürich. It is a model for energy policy which demonstrates how it is possible to consume only as much energy as worldwide energy reserves permit and which is justifiable in terms of the impact on the environment. It is possible when every person in every society limits their energy consumption to a maximum of 2000 watts.
Furthermore, at least 75% of energy needs need to be met using renewable energy sources, meaning that on an annual basis only one tonne of greenhouse gas is given off per person per year. The 2000-Watt Society is Zürich’s approach to tackling climate change and the future conflict of resources."
From the same page: “In a referendum held in 2008, three-quarters of the Zürich population voted in favour of achieving the 2000-Watt Society by 2050, making it the first city in the world to give these ambitious goals a democratic legitimacy and enshrine them in the constitution.”
So while it may be possible, it seems to require at least three things to happen. 1) A respect for basic science; 2) Long-term political leadership; 3) A long-term commitment by the populace.
Unfortunately, only a very small fraction of humanity lives in communities with those requirements. Considering the Republican party initiatives against “Agenda 21” and their general disregard for science, the US will not be leading the pack any time soon, and the world suffers for it.
I lost the cite for it, but one of the pages stated Switzerland last had a 2000-watt society in the 1960’s. I was not around back then, but watching the TV shows from that period, I would say that was a tolerable lifestyle. Add in our advances in communication, medical care, robotics, etc., I think we could still have an incredibly rich standard of living at 2000-watts.
Something worth studying would be how cities such as Zurich achieved such a successful consensus, and how much is replicable elsewhere, particularly in large cities where sustainability would have the greatest impact.