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Driving energy costs to near zero drives down the cost for literally every other process, manufacturing or extractive or services. A 1000x increase in energy practically lets you extract so much material for cheaper that the cost of materials, and the associated logistics, goes down.
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That is self-evidently true but misses the point.

The point of using energy is not to use energy. What matters is the services that energy delivers, be it a hot shower, a drive to the grocery store, a new house, a squillion tokens of AI computation. If we can get the services we want more cheaply by energy more efficiently, this is a good thing, not a disaster for humanity.

For completeness, I acknowledge that there are people for whom energy usage is inherently bad, which is equally silly. What matters are the downside impacts of the energy use, not the energy use itself.

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