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Tag Archives: coal
Twelve Reasons Why Globalization is a Huge Problem
Globalization seems to be looked on as an unmitigated “good” by economists. Unfortunately, economists seem to be guided by their badly flawed models; they miss real-world problems. In particular, they miss the point that the world is finite. We don’t … Continue reading
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 China, coal, economists, fossil fuel, India, international trade, Kyoto Protocol, oil leverage, recession
59 Comments
Why Malthus Got His Forecast Wrong
Most of us have heard that Thomas Malthus made a forecast in 1798 that the world would run short of food. He expected that this would happen because in a world with limited agricultural land, food supply would fail to rise … Continue reading
Posted in Financial Implications, Food issues
Tagged coal, energy consumption, food supply, Malthus, oil, oil price, peak oil, technology
160 Comments
Climate Change: The Standard Fixes Don’t Work
World leaders seem to have their minds made up regarding what will fix world CO2 emissions problems. Their list includes taxes on gasoline consumption, more general carbon taxes, cap and trade programs, increased efficiency in automobiles, greater focus on renewables, … Continue reading
Posted in Energy policy, Financial Implications
Tagged carbon dioxide, China, climate change, CO2, CO2 emissions, coal, elasticity of oil supply, jobs, natural gas, oil supply
122 Comments
Why Natural Gas isn’t Likely to be the World’s Energy Savior
We keep hearing about the many benefits of natural gas–how burning it releases less CO2 than oil or coal, and how it burns with few impurities, so does not have the pollution problems of coal. We also hear about the … Continue reading
Posted in Alternatives to Oil
Tagged coal, fracking, natural gas, natural gas exports, oil
91 Comments
