GDP EFFECTS OF AN ENERGY PRICE SHOCK
A study of the impact on China’s economy of an oil price shock ($95 per barrel) published in a Rand Corporation report. See link for full text.
Fossil Fuels
When, and how exactly, does the party end?
An interesting email discussion between Richard Duncan and Richard Heinberg concerning Duncan’s Olduvai Theory of industrial collapse.
Oil: Are We Running Out?
Predictions of imminent oil shortages have been made throughout the 20th century. Although all previous predictions have been false, in recent years a new generation of predictions based on the Hubbert model have become ascendant and attracted media attention.
THE END OF CHEAP OIL
In 1973 and 1979 a pair of sudden price increases rudely awakened the industrial world to its dependence on cheap crude oil. Prices first tripled in response to an Arab embargo and then nearly doubled again when Iran dethroned its Shah, sending the major economies sputtering into recession. Many analysts warned that these crises proved that the world would soon run out of oil. Yet they were wrong.
Energy and Permaculture
Even the most productive sustainable systems imaginable would never sustain large-scale cities, a global economy, and Western material affluence even if all the conventional energy conservation strategies were to be adopted. This is a bitter pill to swallow for Westerners raised on the notion of material progress.
Coal – Jul 2
Duplicate entry/ See Coal – July 2.
