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Tag Archives: Hubbert
Net Energy Cliff & the Collapse of Civilization
The remaining oil is poor quality, and the energy to get this often remote oil so great that more and more energy (blue) goes into oil production itself, leaving far less — the grey area — available to fuel the … Continue reading
Energy certificates as currency when oil shocks strike?
Since world oil peaked in 2018, clearly there will be a time when there are oil shortages. The price may be high at first, but that often brings on a financial crash (Hamilton 2013), unemployment rises as business shut down, … Continue reading
Posted in Oil Shocks, Rationing, U.S. Congress Energy Policy
Tagged blackouts, currency, ecological economics, energy crisis, Hubbert, money, oil shock, rationing
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M. King Hubbert and the future of peak oil by Kurt Cobb
Preface. M. King Hubbert predicted that if we were unable to replace fossil energy with water, nuclear and solar power, that we would go back to an agrarian existence (Hubbert MK (1949) Energy from Fossil Fuels. Science). That is how … Continue reading
Posted in How Much Left, Kurt Cobb, Peak Oil
Tagged Hubbert, peak oil
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