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Monthly Archives: April 2015
Overview of Our Energy Modeling Problem
We live in a world with limits, yet our economy needs growth. How can we expect this scenario to play out? My view is that this problem will play out as a fairly near-term financial problem, with low oil prices … Continue reading
Posted in Financial Implications
Tagged Charles Hall, diminishing returns, economic growth, energy modeling, EROEI, EROI, low oil price
589 Comments
Putting the Real Story of Energy and the Economy Together
What is the real story of energy and the economy? We hear two predominant energy stories. One is the story economists tell: The economy can grow forever; energy shortages will have no impact on the economy. We can simply substitute … Continue reading
Posted in Financial Implications
Tagged commodity prices, debt levels, diminishing returns, low oil price, oil price
486 Comments
Gail in China Report #3
Greetings Finite Worlders! Gail is on her 1 month lecture tour of China. She’s unable to access WordPress from China, but does have access to email, so she’s sending me updates to publish here on OFW. My Byline/About appears at … Continue reading
Posted in Financial Implications
Tagged China, coal, Daqing Oil Field, oil, Ordos, Petroleum University of China, Prof. Feng, Shale
187 Comments
