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Tag Archives: debt levels
A Video Game Analogy to Our Energy Predicament
The way the world economy is manipulated by world leaders is a little like a giant video game. The object of the game is to keep the world economy growing, without too many adverse consequences to particular members of the … Continue reading
Posted in Financial Implications
Tagged debt levels, economic growth, EROEI, high oil prices
2,300 Comments
Energy limits: Why we see rising wealth disparity and low prices
Last week, I gave a fairly wide-ranging presentation at the 2016 Biophysical Economics Conference called Complexity: The Connection Between Fossil Fuel EROI, Human Energy EROI, and Debt (pdf). In this post, I discuss the portion of the talk that explains several … Continue reading
Posted in Financial Implications
Tagged coal prices, commodity prices, debt levels, oil prices, peak coal
1,725 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
