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Recent Posts
- The world’s economic myths are hitting limits
- Advanced Economies Will Be Especially Hurt by Energy Limits
- Should the US add more LNG export approvals?
- 2024: Too Many Things Going Wrong
- Ten Things that Change without Fossil Fuels
- Running Short of Tailwinds for the Economy
- Today’s energy bottleneck may bring down major governments
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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: wind energy
The world’s economic myths are hitting limits
There are many myths about energy and the economy. In this post I explore the situation surrounding some of these myths. My analysis strongly suggests that the transition to a new Green Economy is not progressing as well as hoped. Green energy planners have missed the point that our physics-based economy favors low-cost producers. Continue reading
Posted in Financial Implications
Tagged debt bubble, electricity generation, solar electricity, wind energy
2,033 Comments
Ten Things that Change without Fossil Fuels
If losing fossil fuels completely, or nearly completely, is a risk for some of the world’s population, it might be useful to think through some of the things that go wrong. The following are some of my ideas about things that change, mostly for the worse, in a fossil fuel-deprived economy. Continue reading
Posted in Financial Implications, Food issues
Tagged fossil fuel prices, grid electricity, solar energy, wind energy
3,384 Comments
Ramping Up Renewables Can’t Provide Enough Heat Energy in Winter
We usually don’t think about the wonderful service fossil fuels provide in terms of being a store of heat energy for winter, the time when there is a greater need for heat energy. Figure 1 shows dramatically how, in the US, the residential usage of heating fuels spikes during the winter months. Solar energy is most abundantly available in the May-June-July period, making it a poor candidate for fixing the problem of the need for winter heat. Continue reading
Posted in Energy policy
Tagged battery storage, competitive pricing, energy modeling, wind energy
3,845 Comments
Why No Politician Is Willing to Tell Us the Real Energy Story
Politicians want to get re-elected. They want citizens to think that everything is OK. If there are problems, they need to be framed as being temporary, perhaps related to the war in Ukraine. Alternatively, any issue that arises will be discussed as if it can easily be fixed with new legislation and perhaps a little more debt.
Most high-level politicians are aware of the energy supply issue, but they cannot possibly talk about it. Instead, they choose to talk about what would happen if the economy were allowed to speed ahead without limits, and how bad the consequences of that might be. Continue reading
Posted in Energy policy, Financial Implications
Tagged limits to growth, solar energy, wind energy
4,427 Comments
How Energy Transition Models Go Wrong
I have written many posts relating to the fact that we live in a finite world. At some point, our ability to extract resources becomes constrained. At the same time, population keeps increasing. The usual outcome when population is too high for resources is “overshoot and collapse.” But this is not a topic that the politicians or central bankers or oligarchs who attend the World Economic Forum dare to talk about.
Instead, world leaders find a different problem, namely climate change, to emphasize above other problems. Conveniently, climate change seems to have some of the same solutions as “running out of fossil fuels.” So, a person might think that an energy transition designed to try to fix climate change would work equally well to try to fix running out of fossil fuels. Unfortunately, this isn’t really the way it works.
Posted in Energy policy
Tagged fossil fuels, low oil prices, solar energy, wind energy
3,781 Comments