Oil

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This chapter of the new Crash Course series has not yet been made available to the public.

Each week over the rest of 2014, in sequential order, a new chapter will be made publicly available (we've currently only published up to Chapter 2)

 

If you don't want to wait, you can:

video

This chapter of the new Crash Course series has not yet been made available to the public.

Each week over the rest of 2014, in sequential order, a new chapter will be made publicly available (we've currently published up to Chapter 2)

If you don't want to wait, you can:

video

This chapter of the new Crash Course series has not yet been made available to the public.

Each week over the rest of 2014, in sequential order, a new chapter will be made publicly available (we've currently only published up to Chapter 2)

 

If you don't want to wait, you can:

  • Enroll today to watch this new chapter right now (as well as all the other chapters of the new Crash Course)
video

This chapter of the new Crash Course series has not yet been made available to the public.

Each week over the rest of 2014, in sequential order, a new chapter will be made publicly available (we've currently only published up to Chapter 2)

If you don't want to wait, you can:

video

This chapter of the new Crash Course series has not yet been made available to the public.

Each week over the rest of 2014, in sequential order, a new chapter will be made publicly available (we've currently only published up to Chapter 2)

If you don't want to wait, you can:

video

In the Crash Course we will learn a few foundational Key Concepts. None is more important than exponential growth. Understanding this will greatly enhance our chances to form a better future.

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Este capítulo sobre el pico del petróleo es trascendental. Recordarán que en el Capítulo 3 dije que vincularíamos los componentes de la sigla “EEMA”. Por el momento vamos a vincular Economía y Energía. Se trata de uno de los capítulos más importantes del Crash Course y deseo reconocer públicamente mi deuda con los cientos de estudiosos que, con suma dedicación y paciencia, fueron reuniendo los datos aquí presentados y trabajaron sin descanso para avanzar en la comprensión del papel que desempeña la energía en nuestras vidas. Rindo aquí homenaje a esas y a muchas otras fuentes.

La energía es la sangre que da vida a cualquier economía. Pero cuando una economía se basa en un sistema monetario de deudas exponenciales y al mismo tiempo necesita para funcionar un suministro también exponencial de energía, la oferta existente de dicha energía exige la mayor atención.

Si nos detenemos en el consumo de energía en Usamérica, representado aquí por este gráfico del Departamento de Energía, veremos que el petróleo representa más del 50% de nuestra energía anual. Si se consideran juntos el petróleo y el gas natural, ese porcentaje alcanza y sobrepasa el 75% de nuestra energía, calculada en cuatrillones de BTU, es decir, de British Thermal Units o unidades térmicas británicas, que representan la cantidad de energía necesaria para elevar un grado Fahrenheit la temperatura de una libra de agua en condiciones atmosféricas normales.

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Also, wir kommen zum Kapitel über Peak Oil - das ist ein grosser Brocken.

In Kapitel 3 sagte ich Ihnen, dass ich die drei „E“ miteinander verknüpfen würde. Nun sind wir daran, die Wirtschaft mit der Energie zu verbinden. Das ist eines der wichtigsten Kapitel, es ist ein Riesenthema.

Ich möchte hervorheben, dass vieles in diesem Kapital auf der Arbeit hunderter engagierter Leute beruht, die Daten zusammengetragen, die Schlüsse daraus gezogen und unermüdlich daran gearbeitet haben, unser Verständnis über die Bedeutung der Energie für unsere Leben voran zu bringen. Ich ziehe meinen Hut vor diesen Leuten. Energie ist der Lebenssaft einer jeden Wirtschaft.

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You are at the part of the Crash Course where everything you learned comes together into a single chapter. Chapter 19 contains a comprehensive view of how all of our problems are actually interrelated and need to be viewed as such or solutions will continue to elude us.

We will review the key trends, which appear to be converging on a very narrow window of the future. Here is a two-second recap of the key issues. If you have watched all of the videos until this point, you will undoubtedly see how they are connected:

Money, credit, growth. Exponential growth. Debt, future, history. Failure to save. Assets, housing, bubble, financial panic. Demographics, wealth, boomers, falling values. Fuzzy numbers. Energy, oil, growth. Peak Oil. Environment, resources, exploitation, change.

This chapter will connect the dots and beckon us toward the future.

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In Crash Course Chapter 18: The Environment, Chris Martenson explains how multiple essential resources are being depleted at ever faster rates. Our money system requires continual economic growth, but energy depletion will run headlong into dwindling resource returns to limit future growth options. Overpopulation will increase competition and demand for fossil fuel energy sources such as crude oil and coal, as well as for natural gas and sources of alternative energy.

In this chapter, Peak Coal, Peak Uranium, and copper extraction are explored as illustrations challenging long-held assumptions about the inevitable certainty of continued global economic expansion. This chapter makes it easy to understand why careful management of our natural resources will be necessary for our economic and environmental future.