I would say it's the dominant value system, given that our global economy and energy consumption grows by around 2% per year, with no serious efforts to change that.
It's worth pointing out that for developed economies like the US, UK, and Japan, the amount of per capita energy usage is the lowest it has been in decades:
This may be at least in part due to the shifting of energy-intensive industries to countries like China, but it does show that countries can continue to grow their GDP (per capita) while dropping their energy usage per capita, which bodes well for the future.
