Peak Moment 222: Applying a peak oil filter to financial choices
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“If peak oil occurs, it will dominate most everything else that we do, because energy drives everything.” Financial consultant Jim Hansen’s peak oil filter doesn’t just guide investment decisions for his client portfolios. He applies it to his personal lifestyle (you may be surprised to learn what car he drives). He’s also concerned about community impacts when fuel prices are higher, like centralized hospitals dependent on people driving to them, rather than many smaller localized facilities. Jim makes an important point: “If I get it right but my community gets it wrong, it could overwhelm everything I’ve done personally.”
