Category Archives: Energy policy

Oil Limits and Climate Change

They say that every cloud has a silver lining. If future energy consumption (which is mostly fossil fuel) drops because of a financial collapse brought on by high oil prices and other limits, then, at least in theory, climate change should … Continue reading

Posted in Energy policy | Tagged , , , , | 159 Comments

Why World Coal Consumption Keeps Rising; What Economists Missed

A primary reason why coal consumption is rising is because of increased international trade, starting when the World Trade Organization was formed in 1995, and greatly ramping up when China was added in December 2001. Figure 1 shows world fossil … Continue reading

Posted in Alternatives to Oil, Energy policy, Financial Implications | Tagged , , , , , , , , | 59 Comments

Energy Leveraging: An Explanation for China’s Success and the World’s Unemployment

If an employer wants to maximize profits, it will want to leverage its use of high-priced energy sources.  From an employer’s point of view, there are basically three kinds of energy, from most to least expensive: Human energy Petroleum energy Everything … Continue reading

Posted in Energy policy, Financial Implications | Tagged , , , , , , , | 116 Comments

Understanding Our Oil-Related Fiscal Cliff

The United States’ fiscal cliff is very much related to several changes we have been going through recently, and will likely continue to experience: High oil prices (more than triple their level ten years ago). High oil prices cause people … Continue reading

Posted in Energy policy, Financial Implications, News Related Post | Tagged , , , , , , , , | 157 Comments