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Recent Posts
- Why raising interest rates to reduce inflation may work out very badly
- A Few Insights Based on CDC Data Regarding COVID and its Vaccines
- Is the debt bubble supporting the world economy in danger of collapsing?
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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: energy consumption
Our Energy Problem Is a Quantity Problem
(This post consists of a short overview article I recently wrote for Transform, a magazine for Environment and Sustainability Professionals, plus six related Questions and Answers.) Reading many of today’s energy articles, it is easy to get the impression that our … Continue reading
Posted in Financial Implications
Tagged Argentina, China, economic growth, energy consumption, Turkey
1,749 Comments
The Depression of the 1930s Was an Energy Crisis
Economists, including Ben Bernanke, give all kinds of reasons for the Great Depression of the 1930s. But what if the real reason for the Great Depression was an energy crisis? When I put together a chart of per capita energy … Continue reading
The Next Financial Crisis Is Not Far Away
Recently, a Spanish group called “Ecologists in Action” asked me to give them a presentation on what kind of financial crisis we should expect. They wanted to know when it would be and how it would take place. The answer … Continue reading
Posted in Financial Implications
Tagged collapse, economic growth, energy consumption, oil prices, peak oil
3,812 Comments
What really causes falling productivity growth — an energy-based explanation
What really causes falling productivity growth? The answer seems to be very much energy-related. Human labor by itself does not cause productivity growth. It is human labor, leveraged by various tools, that leads to productivity growth. These tools are made … Continue reading
Economic growth: How it works; how it fails; why wealth disparity occurs
Economists have put together models of how an economy works, but these models were developed years ago, when the world economy was far from limits. These models may have been reasonably adequate when they were developed, but there is increasing … Continue reading