climateexperiment.com
  • Email
  • Paypal
  • Vimeo
  • Home
  • Start Here
    • What This Website is All About
    • Risk
  • Climate
    • Climate Destabilisation – Level 1
    • Climate Destabilisation – Level 2
    • Climate Destabilisation – Level 3
    • Climate Destabilisation – Level 4
  • Peak Oil
    • Peak Oil – Level 1
    • Peak Oil – Level 2
    • Peak Oil – Level 3
    • Peak Oil – Level 4
  • Debt Crisis
    • Debt Crisis – Level 1
    • Debt Crisis – Level 2
    • Debt Crisis – Level 3
    • Debt Crisis – Level 4
  • My Work
    • Peak Oil Files
      • Chapter 1
      • Chapter 2
      • Chapter 3
      • Chapter 4
      • Chapter 5
    • Showcase
  • The Blog
  • About
    • About Me
    • About the Website
    • About The Videos
Search the site...

Economics Level 3

Confronting the Status Quo – Dr Susan Krumdieck

Posted by Matt Beer - January 28, 2014 - Economics, Economics Level 3, Energy, Level 3, Oil, Peak Oil Level 3
1

In this great little talk Dr Susan Krumdieck speaks about our energy conundrum through a lens that is rarely used: financial return. Presumably talking to business leaders she quickly dismisses the relevance of peak oil, climate change and sustainability as reasons to change and goes straight to the formula for a resource base that is consumed by exponential growth and how everything inevitably follows a path of boom and bust. In other words the same curve as what peak oil describes.

She then goes into depth about the falling levels of EROI (Energy Return on Investment) and has some great sankey diagrams showing how as the rate of return drops so to does the amount of energy available to service the economy, particularly the energy levels needed to grow the economy. Her conclusions are clear and stark. Economic growth will not continue and economic survival will be dependant on the ability to adapt. The communities/companies/people who change the most to a low energy consumption pattern will be the most successful in the future.

Jeffrey Rubin On Why High Oil Prices Stop Growth

Posted by Matt Beer - November 24, 2012 - Economics, Economics Level 3, Energy, Level 3, Oil, Peak Oil Level 3
0

This almost 30 minute interview from In Conversation with Allan Gregg economist Jeffery Rubin talks about his book “The End of Growth”. His basic thesis is that high oil prices (100+ a barrel) will cause economic growth in the developed world to flat line (while China and India will slow to 4-5%) and the world is stuck with high oil prices because the marginal barrels being produced from the Canadian oil sands and the US light tight oil need these high oil prices. Basically it’s a catch 22 situation, to have traditional economic growth rates you need enough cheap oil, but to have enough oil we need to develop expensive sources and for that we need to have high oil prices. It’s basically a continuation of the energy return on energy invested (EROEI) argument.

But Jeff argues that this situation will have many silver linings. The higher transport costs will reverse the trend of globalisation and make local industry more competitive. It will also force us to have better urban planning and higher population densities that is a characteristic of the more livable world cities. The demise of the suburbs and high food prices will provide an economic incentive to turn much of this prime agricultural land back to the purpose they were originally used for – farming.

Economics, Economy, EROEI, Growth, Jeff Rubin, Oil, Peak Oil

The Hidden Cost of War

Posted by Matt Beer - September 21, 2011 - Communication+, Economics, Economics Level 3
0

Another great animation on the staggering amounts of money spent by military forces.

Debt, Economy, Money, War

America’s Debt Problem

Posted by Matt Beer - September 20, 2011 - Economics, Economics Level 3
0

Another Vlogbrothers quick-fire diatribe in which John discusses the U.S. public debt, our dangerously high debt to GDP ratio, the S&P’s downgrade of America’s credit rating, and why our debt may not be as unmanageable as it seems. There’s also some general discussion of economics, currency, the gold standard, and the worldwide financial system’s dependence of the American dollar.

Credit rating, Debt, Economy, GDP, Money

The Greek Debt Crisis Explained in Four Minutes

Posted by Matt Beer - September 20, 2011 - Economics, Economics Level 3
0

No idea of this guys credentials but I liked the video.

Debt Catch 22

Posted by Matt Beer - September 20, 2011 - Economics, Economics Level 3
0

A good little video which explains the links of extreme debt with the debt cycle and printing money (economists use the term quantitative easing) with inflation. They are all interlinked and we have no hope of really eliminating our debt. What does that mean exactly? Well good question. Lots of governments have never cleared their debts so it’s kinda hard to say. But tougher times look likely.

Bailout, Debt, Economy, Inflation, Money, Quantitative Easing, Stagflation

UK Crash Course – Chris Martenson

Posted by Matt Beer - September 5, 2011 - Economics, Economics Level 3, Energy, Level 3, Peak Oil Level 3
0

A shortened version of the Crash Course with information tailored for a United Kingdom audience.

Chris Martenson explains the predicament the UK and world economy is in from the perspective of economics, energy and the environment. He discusses concepts such as the nature of money, debt, exponential growth, natural limits, peak oil and energy yields.

Chris Martenson – Crash Course

Posted by Matt Beer - September 5, 2011 - Economics, Economics Level 3, Energy, Level 3, Peak Oil Level 3
0

This is the first video of many in a video series explaining much of what is going on in the world today with regards to the economy and it dependence on energy and the environment. At around 3 hours in length, it’s not an easy thing to sit down and watch but I highly recommend that you do. Chris does an excellent job of putting it all together and I’m sure it will profoundly affect your thinking for the better. This material dates to before the financial crash in 2008 and he has predicted much of what has happened over the last few years.

www.chrismartenson.com for more.

Tags

Bailout Biofuels China Climate Change Climate Destabilisation Climate Science Conventional oil Credit rating Crude Oil Debt Economics Economy environment EROEI fossil fuel Gasoline GDP Geo-politics Global Warming Greed Growth Hahaha - that's funny Inflation media Money Natural Gas Oil Oil Production OPEC Peak Oil Peer Reviewed Petrol population Quantitative Easing Renewables Stagflation Stanford University steady growth sustainability Transport Trillion Unconventional Gas Unconventional Oil United States Video

Recent Posts

  • The Carbon Cycle – WMO
  • Vox – It’s not about saving the planet.
  • The Modern Food System
  • Weather vs Climate – Neil deGrasse Tyson
  • Jeremy Rifkin: “The Zero Marginal Cost Society”
2012 climateexperiment.com - Web Design by Jason Bobich