Subscribe to Blog via Email
Join 23.7K other subscribersBlog Stats
- 16,906,504 hits
RSS Links
Follow Comments:
Translate
Archives
-
Recent Posts
- Losing the Iran War May Be the Best Outcome for the World
- A New Explanation for Tariffs and Bombings
- Understanding Deglobalization: The Role of Diesel and Jet Fuel
- 2026: Expect a very uneven world economic downturn
- Too many promises; too few future physical goods
- A lack of very cheap oil is leading to debt problems
- What has gone wrong with the economy? Can it be fixed?
- Sierra Club talk that may be of interest
- Why oil prices don’t rise to consistently high levels
- Worrying indications in recently updated world energy data
Creative Commons License
Category Archives: Financial Implications
The “Wind and Solar Will Save Us” Delusion
The “Wind and Solar Will Save Us” story is based on a long list of misunderstandings and apples to oranges comparisons. Somehow, people seem to believe that our economy of 7.5 billion people can get along with a very short … Continue reading
Posted in Financial Implications
Tagged electricity price, EROEI, Hydroelectric, photovoltaics, solar PV, wind power
2,531 Comments
2017: The Year When the World Economy Starts Coming Apart
Some people would argue that 2016 was the year that the world economy started to come apart, with the passage of Brexit and the election of Donald Trump. Whether or not the “coming apart” process started in 2016, in my … Continue reading
Posted in Financial Implications
Tagged economic collapse, low oil prices, oil prices, peak coal, peak oil, world GDP
1,607 Comments
EROEI Calculations for Solar PV Are Misleading
The Energy Returned on Energy Invested (EROEI) concept is very frequently used in energy studies. In fact, many readers seem to think, “Of course, EROEI is what we should be looking at when comparing different types of energy. What else … Continue reading
What has gone wrong with oil prices, debt, and GDP growth?
Our economy is a mystery to almost everyone, including economists. Let me explain the way I see the situation: (1) The big thing that pulls the economy forward is the time-shifting nature of debt and debt-like instruments. If we want … Continue reading
Posted in Financial Implications
Tagged Debt, economic growth, GDP growth, low oil prices, oil prices
1,637 Comments
The Energy Problem behind Trump’s Election
The energy problem behind Trump’s election is not the one people have been looking for. Instead, it is an energy problem that leads to low wages for many workers in the US, and high unemployment rates in the European Union. … Continue reading
Posted in Financial Implications
Tagged complexity, Donald Trump, election, energy shortage, low oil prices, low wages
1,893 Comments
