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Overly Simple Energy-Economy Models give Misleading Answers

Does it make a difference if our models of energy and the economy are overly simple? 

Energy Limits: Why We See Rising Wealth Disparity and Low Prices

My analysis has as its premise that the economy behaves like other physical systems.

China: Is peak coal part of its problem?

Why would a country selectively decide to slow down the growth of the fuel that has made its current “boom” possible? 

$50 Oil Doesn't Work

$50 per barrel oil is clearly less impossible to live with than $30 per barrel oil, because most businesses cannot make a profit with $30 per barrel oil. But is $50 per barrel oil helpful?

The Real Oil Limits Story; what other researchers missed

The underlying assumption in peak oil models is that scarcity would appear before the final cutoff of consumption.   

Debt: The Key Factor Connecting Energy and the Economy

There are many who believe that the use of energy is critical to the growth of the economy. In fact, I am among these people. The thing that is not as apparent is that growth in energy consumption is dependent on the growth of debt.

US 2015 Oil Production and Future Oil Prices

Oil production can be confusing because there are various “pieces” that may or may not be included. In this analysis, I look at oil production of the United States broadly (including crude oil, natural gas plant liquids, and biofuels), because this is the way oil consumption is defined. 

Why we have a wage inequality problem

Wage inequality is really a sign of a deeper problem; basically it reflects an economic system that is not growing rapidly enough to satisfy everyone.

Our Economic Growth System is Reaching Limits in a Strange Way

We don’t just extract fossil fuels. Instead, whether we intend to or not, we get a lot of other things as well: rising debt, rising pollution, and a more complex economy.

Why Globalization Reaches Limits

We have been living in a world of rapid globalization, but this is not a condition that we can expect to continue indefinitely.
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