Historical data show that a reduction in energy availability has mostly affected the US, European countries, Japan, and other advanced economies. I expect this situation to continue as energy lim...
https://ourfiniteworld.com/2024/03/17/advanced-economies-will-be-especially-hurt-by-energy-limits/
The slower the growth, the more sustainable an economy is over the moderately long term. Energy consumption and the use of complexity tend to rise together. Too much complexity can lead to collap...
https://ourfiniteworld.com/2023/09/25/can-india-come-out-ahead-in-an-energy-squeeze/
The big question for any fuel is, "Can consumers afford to pay a high enough price to cover all the costs involved in getting the fuel from endpoint to endpoint, at the time it is needed?" Citize...
https://ourfiniteworld.com/2023/08/31/fossil-fuel-imports-are-already-constrained/
A common belief is that if the world does not have adequate energy, the result will be high prices. These high prices will allow more fossil fuels to be extracted or will allow renewables to subs...
When the Crisis Stage occurs, there are fewer goods and service per capita to go around, so some members of the world economy must come out behind. Conflict of all kinds becomes more likely. Poli...
Back in 2005, the world economy was “humming along.” World growth in energy consumption per capita was rising at 2.3% per year in the 2001 to 2005 period. China had been added to the World Tr...
Time and time again, financial approaches have worked to fix economic problems. Raising interest rates has acted to slow the economy and lowering them has acted to speed up the economy. Governmen...
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 ...
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. Alt...
https://ourfiniteworld.com/2022/08/23/why-no-politician-is-willing-to-tell-us-the-real-energy-story/
Are we headed for very high energy prices? Or, are we headed for a financial system that starts falling apart? The whole economic system may change remarkably. For example, what many people thoug...