Item of General Interest
Nov. 5. I added a new 40 minute audio interview with Jim Kunstler to my Presentations/Podcasts page. The general topic is my views on Energy and the Economy.
I have also added the two new presentations that I have recently written up as posts to that page as well. These are Our Electricity Problem: Getting the Diagnosis Correct and Oops! The economy depends on an energy-related debt bubble.
Monthly Archives: July 2011
I recently wrote an article called Oil Supply Limits and the Continuing Financial Crisis, which has been accepted by the journal Energy. It is still in pre-publication status, but the corrected proof is available for purchase. Because of copyright limitations, … Continue reading
The amount of oil that is extracted from the ground each year has been close to flat since 2005, regardless of what has happened to price. Since world population has been growing, this means less and less is available for … Continue reading
In Part 1 of this post, I pointed out that an economy is closely linked with the resources that underly it. Because of this, if there is really is a limit that prevents oil supply from rising endlessly, then there … Continue reading
The economy is closely linked with the physical resources that underly it. Most economists assume debt can rise endlessly, just as they assume GDP can rise endlessly. But if there really is a limit that prevents oil supply from rising … Continue reading