Monthly Archives: February 2014

Beginning of the End? Oil Companies Cut Back on Spending

Posted on February 25, 2014 by

Steve Kopits recently gave a presentation explaining our current predicament: the cost of oil extraction has been rising rapidly (10.9% per year) but oil prices have been flat. Major oil companies are finding their profits squeezed, and have recently announced plans to … Continue reading →

Posted in News Related Post | Tagged , , , | 548 Comments

Reaching Limits to Growth: What Should our Response Be?

Posted on February 17, 2014 by

Oil limits seem to be pushing us toward a permanent downturn, including a crash in credit availability, loss of jobs, and even possible government collapse. In this process, we are likely to lose access to both fossil fuels and grid … Continue reading →

Posted in Planning for the Future | Tagged , , , | 503 Comments

Limits to Growth–At our doorstep, but not recognized

Posted on February 6, 2014 by

How long can economic growth continue in a finite world? This is the question the 1972 book The Limits to Growth by Donella Meadows and others sought to answer. The computer models that the team of researchers produced strongly suggested … Continue reading →

Posted in Financial Implications | Tagged , , , , , , | 598 Comments