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Recent Posts
- Running Short of Tailwinds for the Economy
- Today’s energy bottleneck may bring down major governments
- Can India come out ahead in an energy squeeze?
- Fossil Fuel Imports Are Already Constrained
- Our Oil Predicament Explained: Heavy Oil and the Diesel Fuel it Provides Are Key
- The World Economy Is Becoming Unglued; Models Miss Real-World Behavior
- Models Hide the Shortcomings of Wind and Solar
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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: limits to growth
Limits to Green Energy Are Becoming Much Clearer
Wind and solar don’t replace “dispatchable” generation; they provide some temporary electricity supply, but they tend to make the overall electrical system more difficult to operate because of the variability introduced. Renewables are available only part of the time, so other types of electricity suppliers are still needed when supply temporarily isn’t available. In a sense, all they are replacing is part of the fuel required to make electricity. The fixed costs of backup electricity providers are not adequately compensated, nor are the costs of the added complexity introduced into the system. Continue reading
Is it possible that the world is approaching end times?
It is disturbing to think that we may be living near the end of the world economy, but there is an upside to this situation. We have had the opportunity to live at a time with more conveniences than any other civilization. We can appreciate the many conveniences we have.
We also have the opportunity to decide how we want to live the rest of our lives. We have been led for many years down the path of believing that economic growth will last forever; all we need to do is have faith in the government and our educational institutions. If we figure out that this really isn’t the path to follow, we can change course now. If we want to choose a more spiritual approach, this is a choice we can still make. Continue reading
Posted in Financial Implications
Tagged collapse, COVID-19 response, energy supply, limits to growth
6,123 Comments
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
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