Monthly Archives: November 2011

Thoughts on why energy use and CO2 emissions are rising as fast as GDP

In a recent post, I discovered something rather alarming–the fact that in the last decade (2000 to 2010) both world energy consumption and the CO2 emissions from this energy consumption were rising as fast as GDP for the world as … Continue reading

Posted in Energy policy | Tagged , , | 50 Comments

Pipeline changes to fix WTI/Brent spread are likely to add new problems

For many years, Brent oil (a European grade) and West Texas Intermediate (WTI) oil, a US grade, sold at close to the same price. Starting in January 2011, WTI price dropped below Brent, at times by more than 20%. When … Continue reading

Posted in Energy policy, News Related Post | Tagged , , , | 14 Comments

Is it really possible to decouple GDP Growth from Energy Growth?

In recent years, we have heard statements indicating that it is possible to decouple GDP growth from energy growth. I have been looking at the relationship between world GDP and world energy use and am becoming increasingly skeptical that such … Continue reading

Posted in Energy policy, Financial Implications | Tagged , , , | 48 Comments

Financial Impacts of Reaching ‘Limits to Growth’

I gave a talk on expected financial implications of the oil limits that we are now reaching at a recent meeting of the Association for the Study of Peak Oil-USA. My talk consisted of two parts: Why the impact of … Continue reading

Posted in Financial Implications, Planning for the Future | 26 Comments

Understanding our Economic Trajectory – 1952 to Today

This is a guest post by “Shunyata.” Shunyata has training in financial engineering, actuarial science, statistics, and mechanical engineering. While he does not work directly with structural economic theory, his background in financial engineering gives him insights. The observations below … Continue reading

Posted in Financial Implications, Guest post | Tagged , | 28 Comments