Tag Archives: limits to growth

Our fossil fuel energy predicament, including why the correct story is rarely told

Strangely enough, a big part of the confusion regarding the nature of our energy problem comes from the fact that virtually everyone wants to hear good news, even when the news isn’t very good. We end up seeing information in the Main Street Media mostly from the perspective of what people want to hear, rather than from the perspective of what the story really is. In this post, I explain why this situation tends to occur. I also explain why our current energy situation is starting to look more and more like an energy shortage situation that could lead to economic collapse. Continue reading

Posted in Introductory Post | Tagged collapse, energy limits, limits to growth | 4,676 Comments

Reaching the End of Early Stimulus – What’s Ahead?

Many people thought that COVID-19 would be gone with a short shutdown. They also thought that the world’s economic problems could be cured with a six month “dose” of stimulus. It is increasingly clear that neither of these assumptions is … Continue reading

Posted in Financial Implications | Tagged collapse, Covid-19, limits to growth, low oil prices, overshoot | 2,450 Comments

Understanding Our Pandemic – Economy Predicament

The world’s number one problem today is that the world’s population is too large for its resource base. Some people have called this situation overshoot. The world economy is ripe for a major change, such as the current pandemic, to … Continue reading

Posted in Financial Implications | Tagged Covid-19, limits to growth, low oil prices, overshoot, resource limits | 3,869 Comments

COVID-19 and oil at $1: Is there a way forward?

Many people are concerned today with the low price of oil. Others are concerned about slowing or stopping COVID-19. Is there any way forward? I gave a few hints regarding what is ahead in my last post, Economies won’t be … Continue reading

Posted in Financial Implications | Tagged economic growth, limits to growth, low oil prices, population growth | 4,539 Comments

How the Peak Oil story could be “close,” but not quite right

A few years ago, especially in the 2005-2008 period, many people were concerned that the oil supply would run out. They were concerned about high oil prices and a possible need for rationing. The story was often called “Peak Oil.” Peak … Continue reading

Posted in Financial Implications | Tagged EROEI, EROI, limits to growth, M. King Hubbert, oil prices, peak oil | 1,605 Comments