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...

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.

One comment on “Confronting the Status Quo – Dr Susan Krumdieck”

  1. TonyB says:
    May 20, 2014 at 1:05 pm

    Great talk!
    Puts facts and figures behind concepts i intuitively felt were right, but could never really grasp.
    Cheers!

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

* Copy This Password *

* Type Or Paste Password Here *

2,480 Spam Comments Blocked so far by Spam Free Wordpress

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

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