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Tag Archives: government debt
Models Hide the Shortcomings of Wind and Solar
A major reason for the growth in the use of renewable energy is the fact that if a person looks at them narrowly enough–such as by using a model–wind and solar look to be useful. They don’t burn fossil fuels, so it appears that they might be helpful to the environment.
As I analyze the situation, I have reached the conclusion that energy modeling misses important points. I believe that profitability signals are much more important. In this post, I discuss some associated issues. Continue reading
Posted in Alternatives to Oil, Financial Implications
Tagged energy profitability, EROEI, EROI, government debt
3,344 Comments
Two Views of our Current Economic and Energy Crisis
As the US heads toward debt default and continues with government shutdown, the underlying reason for the predicament is generally not clear to the American people or the world. The story that the press has generally been feeding us places … Continue reading
Posted in Financial Implications
Tagged alternative energy, collapse, debt default, government debt, oil price, production function, recession
388 Comments
Why the US Debt Limit Agreement is Only a Temporary Solution
Most people assume that the mismatch between US federal government revenue and expenses will go away, with enough time. All that is needed is a little “patch” now, and some more time, in order for the mismatch to disappear. I … Continue reading
