Monthly Archives: June 2014

Why Standard Economic Models Don’t Work–Our Economy is a Network

The story of energy and the economy seems to be an obvious common sense one: some sources of energy are becoming scarce or overly polluting, so we need to develop new ones. The new ones may be more expensive, but … Continue reading

Posted in Financial Implications, Introductory Post | Tagged , , , , , | 967 Comments

IEA Investment Report – What is Right; What is Wrong

Recently, the IEA published  a “Special Report” called World Energy Investment Outlook. Lets’s start with things I agree with: 1. World needs $48 trillion in investment to meet its energy needs to 2035. This is certainly true, if we assume, as … Continue reading

Posted in Financial Implications, News Related Post | Tagged , , | 709 Comments