The expected economic impact of an energy downturn

We live in a finite world, and we are reaching limits in many ways – easy to extract oil is being exhausted, fresh water is in increasingly short supply, and climate change caused by human activity is becoming more of an issue. Because of these constraints, it is likely that economic growth will stagnate and eventually decline. [Transcript of a talk]

Lump sums

Coal, so long the Cinderella of fossil fuels, is not just in demand but in desperately short supply. The world’s biggest producers and exporters are struggling, and the price of imports to Europe has doubled. Does this mean lower emissions from coal and less danger from climate change?