Tag Archives: energy consumption

No one will win in the Russia-Ukraine conflict

Posted on March 28, 2022 by Gail Tverberg

Russia is in some ways like a heavily armed, suicidal old man, who can no longer earn an adequate living. The economic system of Russia is no longer working as it should. Russia is incredibly well-armed. The situation reminds a person of the story of Samson, in his old age, taking down the temple of the Philistines and losing his own life at the same time. Russia has no reason to back down in response to sanctions. Continue reading →

Posted in Energy policy, Financial Implications, News Related Post | Tagged , , , , | 4,785 Comments

Energy Is the Economy; Shrinkage in Energy Supply Leads to Conflict

Posted on November 9, 2020 by Gail Tverberg

It takes energy to accomplish any of the activities that we associate with GDP. It takes energy to grow food: human energy, solar energy, and–in today’s world–the many types of energy used to build and power tractors, transport food to … Continue reading →

Posted in Financial Implications | Tagged , , , | 2,764 Comments

Seven Reasons Why We Should Not Depend on Imported Goods from China

Posted on June 12, 2019 by Gail Tverberg

It seems to me that the situation in China is far different from what most people think it is. Even if we would like to depend on China, we really cannot. Reason 1. When we depend on goods from China, … Continue reading →

Posted in Financial Implications | Tagged , , , | 890 Comments

The world’s weird self-organizing economy

Posted on July 11, 2018 by Gail Tverberg

Why is it so difficult to make accurate long-term economic forecasts for the world economy? There are many separate countries involved, each with a self-organizing economy made up of businesses, consumers, governments, and laws. These individual economies together create a … Continue reading →

Posted in Financial Implications | Tagged , , , | 2,524 Comments

Eight insights based on December 2017 energy data

Posted on June 22, 2018 by Gail Tverberg

BP recently published energy data through December 31, 2017, in its Statistical Review of World Energy 2018. The following are a few points we observe, looking at the data: [1] The world is making limited progress toward moving away from fossil fuels. … Continue reading →

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