Category Archives: Financial Implications

Limits to Growth–At our doorstep, but not recognized

How long can economic growth continue in a finite world? This is the question the 1972 book The Limits to Growth by Donella Meadows and others sought to answer. The computer models that the team of researchers produced strongly suggested … Continue reading

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A Forecast of Our Energy Future; Why Common Solutions Don’t Work

In order to understand what solutions to our energy predicament will or won’t work, it is necessary to understand the true nature of our energy predicament. Most solutions fail because analysts assume that the nature of our energy problem is … Continue reading

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Ten Reasons Intermittent Renewables (Wind and Solar PV) are a Problem

Intermittent renewables–wind and solar photovoltaic panels–have been hailed as an answer to all our energy problems. Certainly, politicians need something to provide hope, especially in countries that are obviously losing their supply of oil, such as the United Kingdom. Unfortunately, … Continue reading

Posted in Alternatives to Oil, Financial Implications | Tagged , , , , , , | 657 Comments

Why EIA, IEA, and Randers’ 2052 Energy Forecasts are Wrong

What is the correct way to model the future course of energy and the economy? There are clearly huge amounts of oil, coal, and natural gas in the ground.  With different approaches, researchers can obtain vastly different indications. I will … Continue reading

Posted in Energy policy, Financial Implications | Tagged , , , , , , | 455 Comments

Why a Finite World is a Problem

Why is a finite world a problem? I can think of many answers: 1. A finite world is a problem because we and all of the other creatures living in this world share the same piece of “real estate.” If humans … Continue reading

Posted in Financial Implications | Tagged , , , , | 437 Comments