Wednesday, January 18, 2012

Peak Oil and Economic Contraction



Energy Watch Group – Fossil and Nuclear Fuels – The Supply Outlook – March 2013




4 comments:

  1. Really impressive Nath. Essential reading and food for thought.

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  2. All governments in the modern era are allergic to economic contraction (sometimes referred to more euphamistically as “negative growth”). In liberal democratic nations like Australia it means electoral death for the governing party.

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  3. Many predict that the world will soon experience an economic depression, brought on by a variety of factors, but most particularly Peak Oil - the lessening production of petroleum.

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