Monthly Archives: May 2018

Nobel prize economist Robert Shiller: market risk keeps him awake worrying

[ According to this article: “Shiller’s latest analysis shouldn’t be taken lightly. His forecasting skills were recognized in 2013 when he won the Nobel Prize in Economics. He’s known for predicting both the dot-com bubble and the housing bubble in … Continue reading

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BBC: Fusion energy pushed back beyond 2050

Cartlidge, E. July 11, 2017. Fusion energy pushed back beyond 2050. BBC. We will have to wait until the second half of the century for fusion reactors to start generating electricity, experts have announced. A new version of a European … Continue reading

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One of the biggest risks to the world’s financial system is the $3 trillion of debt owed by oil and gas firms

[ Yet another “crash coming soon” post, if it hasn’t happened already (I scheduled this article and others to appear a year or more later, since crashes always take longer to happen than you expect. Alice Friedemann   www.energyskeptic.com  author of … Continue reading

Posted in Bond Market, Crash Coming Soon, Debt, Oil & Gas Fracked | Tagged , , | 1 Comment

Steve St. Angelo: Prepare for asset price declines of 50 to 75%

Steve St. Angelo. July 4, 2017. Prepare for asset price declines of 50 to 75%. SRSRocco report. What we have is a totally propped-up market based upon debt. Energy isn’t producing positive growth. So instead of having real economic growth, … Continue reading

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The growth of incarceration in the U.S. Causes and consequences. National Research Council 2014

Preface. This National Research Council 465-page report may be the most comprehensive study of the U.S. prison system there is.  It will make you cry. I’ve excerpted about one-sixth of it below.  It is shocking that the “U.S. penal population … Continue reading

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Power density of biomass, wind, & solar take too much land to replace fossil fuels

Volumetric versus specific energy density for selected energy carriers. Source: Palmer, G. 2020. Energy storage & civilization: a systems approach. Springer. Preface. Vaclav Smil writes “The fact that wind, solar, and biomass have incredibly low energy density per square meter … Continue reading

Posted in Alternative Energy, Biomass, Coal, Hydropower, Natural Gas, Oil | Tagged , , , , , , , | 1 Comment

America’s energy security, jobs and climate challenges 2010 House of representatives hearing

Preface. In this 2010 House of Representatives hearing, General Wesley Clark foresaw in 1973 “that US military forces might have to become engaged to defend or protect oil-producer governments”.  Today “we can look back on the continuing failures of American … Continue reading

Posted in Caused by Scarce Resources, Climate Change, Energy Dependence, Military | Tagged , , | 1 Comment

Peak Carbon

[ This is from the Seneca Effect written by somebody in the Netherlands, wish I knew who, he or she is quite brilliant. Alice Friedemann   www.energyskeptic.com  author of “When Trucks Stop Running: Energy and the Future of Transportation”, 2015, Springer … Continue reading

Posted in Peak Coal, Peak Oil | Tagged , | 1 Comment