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What If There Isn't Enough Energy Going Forward?

We'll be forced to live with less. Maybe a LOT less.
Friday, August 24, 2018, 7:09 PM

Currently the media is breathlessly cheering the record amounts of US oil production.

Technology advances in the fracking process have enabled the "shale miracle", resulting in the US producing over 10 million barrels per day for the first time since the 1970s. Think of all the incremental GDP growth that excess oil will power! » Read more

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Peak Prosperity

Energy Economics - Crash Course Chapter 19

THE reason why growth will be more scarce in the future
Friday, October 24, 2014, 7:45 PM

The central point to this latest video is this: as we’ve shown in previous chapters of the Crash Course, our global economy depends on continual growth to function. And not just any kind of growth; but exponential growth.

But in order to grow, it must receive an ever-increasing input supply of affordable energy and resources from the natural world. What I’m about to show you is a preponderance of data that indicates those inputs will just not be there in the volumes needed to supply the growth that the world economy is counting on. » Read more