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Tag Archives: peak oil
Where Energy Modeling Goes Wrong
There are a huge number of people doing energy modeling. In my opinion, nearly all of them are going astray in their modeling because they don’t understand how the economy really operates. The modeling that comes closest to being correct … Continue reading
Posted in Financial Implications
Tagged complexity, diminishing returns, EROEI, oil price, peak oil
3,331 Comments
2020: The Year Things Started Going Badly Wrong
Some might describe the energy story as a “diminishing returns” story, but it’s really broader than this. It’s a story of services that we expect to continue, but which cannot continue without much more energy investment. It is also a story of the loss of “economies of scale” that at one time helped propel the economy forward. Continue reading
Posted in Financial Implications
Tagged collapse, Covid-19, diminishing returns, economic growth, peak oil
2,805 Comments
Today’s Energy Predicament – A Look at Some Charts
Today’s energy predicament is a strange situation that most modelers have never really considered. Let me explain some of the issues I see, using some charts. [1] It is probably not possible to reduce current energy consumption by 80% or … Continue reading
Posted in Financial Implications, Introductory Post
Tagged energy demand, low oil price, oil price, peak oil
2,368 Comments
Why a Great Reset Based on Green Energy Isn’t Possible
It seems like a reset of an economy should work like a reset of your computer: Turn it off and turn it back on again; most problems should be fixed. However, it doesn’t really work that way. Let’s look at … Continue reading
Posted in Energy policy
Tagged EROEI, EROI, low oil prices, peak oil, solar energy, wind energy
2,650 Comments
COVID-19 and the economy: Where do we go from here?
The COVID-19 story keeps developing. At first, everyone listened to epidemiologists telling us that a great deal of social distancing, and even the closing down of economies, would be helpful. After trying these things, we ended up with a huge … Continue reading
Posted in Financial Implications
Tagged collapse, low oil prices, oil prices, overshoot, peak oil, renewables
2,824 Comments
