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Tag Archives: fossil fuels
More Reasons Why We are Reaching Limits to Growth
In a recent post, I talked about why we may be reaching Limits to Growth of the type foretold in the 1972 book Limits to Growth. I would like to explain some additional reasons now. In my earlier post, I … Continue reading
Where do continued high oil prices lead us?
We know high oil prices have an adverse impact on the economy, often leading to recession. According to Economist James Hamilton, 10 out of 11 of US recessions since World War II have been associated with oil price spikes. But … Continue reading
Posted in Financial Implications, Planning for the Future
Tagged fossil fuels, high oil prices, oil, oil prices, oil supply, recession, renewables
67 Comments
Oil Limits, Recession, and Bumping Against the Growth Ceiling
The issues we are confronted with today seem to be a subset of the issues foretold in the book Limits to Growth back in 1972. At some point, the economy cannot continue to grow as rapidly as it did in the past. … Continue reading
Posted in Financial Implications, Introductory Post
Tagged fossil fuels, limits to growth, oil prices, peak oil, recession
115 Comments
Steep oil decline or slow oil decline?
Someone wrote asking the following question: Dear Gail, I have been reading quite a bit about peak oil recently. I get the impression (not based on data) that at some point there will be a quite steep decline in oil … Continue reading
Posted in Financial Implications, Oil and Its Future
Tagged EROEI, EROI, fossil fuels, Hubbert, Hubbert Curve, Liebig's Law of the Minimum
25 Comments
