Item of General Interest
July 25. I received notice today that an article I helped write is available for free download for the next fifty days. The corrected free link for the article is "An Oil Production Forecast for China Considering Economic Limits." The article discusses the possibility that oil prices may not rise endlessly, and evaluates three future price scenarios. Under the "low" scenario (prices remain under $50 per barrel), oil production in China has already peaked.
Tag Archives: carbon dioxide
Ten Reasons Intermittent Renewables (Wind and Solar PV) are a Problem
Intermittent renewables–wind and solar photovoltaic panels–have been hailed as an answer to all our energy problems. Certainly, politicians need something to provide hope, especially in countries that are obviously losing their supply of oil, such as the United Kingdom. Unfortunately, … Continue reading
Posted in Alternatives to Oil, Financial Implications
Tagged carbon dioxide, climate change, CO2, renewables, solar energy, solar voltaic, wind
657 Comments
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
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
The Close Tie Between Energy Consumption, Employment, and Recession
The number of jobs available to job-seekers has been a problem for quite a long tine now—since 2000 in the United States, and longer than that in Europe. If we look at the percentage of the US population who are … Continue reading
World Energy Consumption Since 1820 in Charts
Figure 1 shows the huge increase in world energy consumption that has taken place in roughly the last 200 years. This rise in energy consumption is primarily from increased fossil fuel use. With energy consumption rising as rapidly as shown … Continue reading
