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Recent Posts
- Fossil Fuel Imports Are Already Constrained
- Our Oil Predicament Explained: Heavy Oil and the Diesel Fuel it Provides Are Key
- The World Economy Is Becoming Unglued; Models Miss Real-World Behavior
- Models Hide the Shortcomings of Wind and Solar
- The bumpy road ahead for the world economy
- The Fed Cannot Fix Today’s Energy Inflation Problem
- When the Economy Gets Squeezed by Too Little Energy
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Academic Articles
- An analysis of China's coal supply and its impact on China's future economic growth
- An Oil Production Forecast for China Considering Economic Limits
- Analysis of resource potential for China's unconventional gas and forecast for its long-term production growth
- China's unconventional oil: A review of its resources and outlook for long-term production
- Financial Issues Affecting Energy Security
- Oil Supply Limits and the Continuing Financial Crisis
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Tag Archives: climate change
The economy is moving from a tailwind pushing it along to a headwind holding it back
When the Crisis Stage occurs, there are fewer goods and service per capita to go around, so some members of the world economy must come out behind. Conflict of all kinds becomes more likely. Political leaders, if they happen to discover the predicament the world economy is in, have little interest in making the predicament known to voters, since doing so would likely lead them to lose the next election.
Instead, the way the physics-based self-organizing economic system works is that alternative narratives that frame the situation in a less frightening way gain popularity. Political leaders may not even be aware of how dependent today’s economy is on fossil fuels. Researchers may not be aware that their “scientific” models are misleading because they look at too small a portion of the overall system and make unwarranted assumptions. Continue reading
Have We Already Passed World Peak Oil and World Peak Coal?
Most people expect that our signal of an impending reduction in world oil or coal production will be high prices. Looking at historical data (for example, this post and this post), this is precisely the opposite of the correct price … Continue reading
Why political correctness fails – Why what we know ‘for sure’ is wrong (Ex Religion)
Most of us are familiar with the Politically Correct (PC) World View. William Deresiewicz describes the view, which he calls the “religion of success,” as follows: There is a right way to think and a right way to talk, and also a … Continue reading
Posted in Financial Implications
Tagged climate change, EROEI, EROI, oil limits, oil price, pensions
1,605 Comments
Why political correctness fails – Why what we know ‘for sure’ is wrong
Most of us are familiar with the Politically Correct (PC) World View. William Deresiewicz describes the view, which he calls the “religion of success,” as follows: There is a right way to think and a right way to talk, and also a … Continue reading
Posted in Financial Implications
Tagged climate change, EROEI, EROI, oil limits, oil price, religion
939 Comments
Our Electricity Problem: Getting the Diagnosis Correct
What is really wrong with our energy system, particularly as it relates to electricity and natural gas? Are there any mitigations available? I have been asked to give a talk at an Electricity/Natural Gas conference that includes both producers and … Continue reading