Item of General Interest
July 25. I received notice today that an article I helped write is available for free download for the next fifty days. The corrected free link for the article is "An Oil Production Forecast for China Considering Economic Limits." The article discusses the possibility that oil prices may not rise endlessly, and evaluates three future price scenarios. Under the "low" scenario (prices remain under $50 per barrel), oil production in China has already peaked.
Tag Archives: fossil fuels
Why we have a wage inequality problem
Wage inequality is a topic in elections around the world. What can be done to provide more income for those without jobs, and those with low wages? Wage inequality is really a sign of a deeper problem; basically it reflects … Continue reading
How Resource Limits Lead to Financial Collapse
Resource limits are invisible, so most people don’t realize that we could possibility be approaching them. In fact, my analysis indicates resource limits are really financial limits, and in fact, we seem to be approaching those limits right now. Many analysts … Continue reading
Renewables – Good for some things; not so good for others
Based on the sound of the name renewable, a person might think that using only “renewable” energy is ideal–something we should all strive to use exclusively. But there are lots of energy sources that might be called “renewable,” and lots … Continue reading
Posted in Alternatives to Oil, Introductory Post
Tagged biofuels, energy, fossil fuels, Hydroelectric, renewable energy, wind, wind energy, wind turbines
266 Comments
Energy Leveraging: An Explanation for China’s Success and the World’s Unemployment
If an employer wants to maximize profits, it will want to leverage its use of high-priced energy sources. From an employer’s point of view, there are basically three kinds of energy, from most to least expensive: Human energy Petroleum energy Everything … Continue reading
Posted in Energy policy, Financial Implications
Tagged China, employment, energy, fossil fuels, oil, oil prices, recession, unemployment
116 Comments
An Energy/GDP Forecast to 2050
We talk about the possibility of reducing fossil fuel use by 80% by 2050 and ramping up renewables at the same time, to help prevent climate change. If we did this, what would such a change mean for GDP, based … Continue reading
Posted in Financial Implications
Tagged climate change, forecast, fossil fuels, GDP, population
111 Comments
