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Tag Archives: energy consumption
Energy Is the Economy; Shrinkage in Energy Supply Leads to Conflict
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
Seven Reasons Why We Should Not Depend on Imported Goods from China
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 energy consumption, oil prices, oil supply, tarriffs
890 Comments
The world’s weird self-organizing economy
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
Eight insights based on December 2017 energy data
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
Posted in Financial Implications
Tagged China coal, coal, energy consumption, India coal, per capita energy consumption, Venezuela
2,505 Comments
