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How The World's Energy Problem Has Been Hidden

How The World s Energy Problem Has Been Hidden
We live in a world where words are very carefully chosen. Companies hire public relations firms to give just the right “spin to what they are saying. Politicians make statements which suggest that everything is going well. Newspapers would like their advertisers to be happy; they certainly won’t suggest that the automobile you purchase today may be of no use to you in five years.
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I believe that what has happened in recent years is that the “truth has become very dark. We live in a finite world; we are rapidly approaching limits of many kinds. For example, there is not enough fresh water for everyone, including agriculture and businesses. This inadequate water supply is now tipping over into inadequate food supply in quite a few places because irrigation requires fresh water. This problem is, in a sense, an energy problem, ....

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We Can't Expect COVID-19 To Go Away - We Should Plan Accordingly

We Can't Expect COVID-19 To Go Away - We Should Plan Accordingly
econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.

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Headed For A Collapsing Debt Bubble

Headed For A Collapsing Debt Bubble
econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.

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Where Energy Modeling Goes Wrong

Where Energy Modeling Goes Wrong
There are a huge number of people doing energy modeling. In my opinion, nearly all of them are going astray in their modeling because they don’t understand how the economy really operates.
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The modeling that comes closest to being correct is that which underlies the 1972 book,
The Limits to Growth by Donella Meadows and others. This modeling was based on physical quantities of resources, with no financial system whatsoever. The base model, shown here, indicates that limits would be reached a few years later than we actually seem to be reaching them. The dotted black line in Figure 1 indicates where I saw the world economy to be in January 2019, based on the limits we already seemed to be reaching at that time. ....

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