Monthly Archives: July 2012

An Energy/GDP Forecast to 2050

Posted on July 26, 2012 by Gail Tverberg

We talk about the possibility of reducing fossil fuel use by 80% by 2050 and ramping up renewables at the same time, to help prevent climate change. If we did this, what would such a change mean for GDP, based … Continue reading →

Posted in Financial Implications | Tagged , , , , | 111 Comments

How much oil growth do we need to support world GDP growth?

Posted on July 18, 2012 by Gail Tverberg

A few days ago, I showed the close relationship between growth in world oil consumption and growth in world GDP. In this post, I will extend that analysis by building a model that shows how much of an increase in … Continue reading →

Posted in Financial Implications | Tagged , , , | 67 Comments

Evidence that Oil Limits are Leading to Declining Economic Growth

Posted on July 13, 2012 by Gail Tverberg

The usual assumption that economists, financial planners, and actuaries make is that future real GDP growth can be expected to be fairly similar to the average past growth rate for some historical time period. This assumption can take a number … Continue reading →

Posted in Financial Implications | Tagged , , , , , , | 56 Comments

The Growing Part of the World in Charts

Posted on July 5, 2012 by Gail Tverberg

Some parts of the world pretty much sailed through the 2008-2009 recession, while other parts of the world had huge problems. The part that sailed through the recession is what I call the “Growing Part of the World.” I thought … Continue reading →

Posted in Financial Implications, Oil and Its Future | Tagged , , , , , , , , , | 71 Comments