Item of General Interest
Oct. 23 . A new interview by Chris Martenson is now up. He calls it Why There's No Economically Sustainable Price for Oil Anymore.
Monthly Archives: January 2017
The “Wind and Solar Will Save Us” Delusion
The “Wind and Solar Will Save Us” story is based on a long list of misunderstandings and apples to oranges comparisons. Somehow, people seem to believe that our economy of 7.5 billion people can get along with a very short … Continue reading
Posted in Financial Implications
Tagged electricity price, EROEI, Hydroelectric, photovoltaics, solar PV, wind power
767 Comments
2017: The Year When the World Economy Starts Coming Apart
Some people would argue that 2016 was the year that the world economy started to come apart, with the passage of Brexit and the election of Donald Trump. Whether or not the “coming apart” process started in 2016, in my … Continue reading
Posted in Financial Implications
Tagged economic collapse, low oil prices, oil prices, peak coal, peak oil, world GDP
1,607 Comments
