{"id":1938,"date":"2014-11-22T15:32:29","date_gmt":"2014-11-22T20:32:29","guid":{"rendered":"http:\/\/olduvai.ca\/?p=1938"},"modified":"2014-11-22T15:32:30","modified_gmt":"2014-11-22T20:32:30","slug":"energy-the-economy-crash-course-chapter-22-peak-prosperity","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=1938","title":{"rendered":"Energy &#038; The Economy &#8211; Crash Course Chapter 22 | Peak Prosperity"},"content":{"rendered":"<p><a href=\"http:\/\/www.peakprosperity.com\/blog\/89081\/energy-economy-crash-course-chapter-22\">Energy &amp; The Economy &#8211; Crash Course Chapter 22 | Peak Prosperity<\/a>.<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">Chapter 22 of the Crash Course is now publicly available and ready for watching below.<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">In the past few chapters on\u00a0<a style=\"text-decoration: none; color: #206282; font-weight: bold; padding: 0px; margin: 0px;\" href=\"http:\/\/www.peakprosperity.com\/video\/85855\/crash-course-chapter-19-energy-economics\" target=\"_blank\">Energy Economics<\/a>,\u00a0<a style=\"text-decoration: none; color: #206282; font-weight: bold; padding: 0px; margin: 0px;\" href=\"http:\/\/www.peakprosperity.com\/video\/85856\/crash-course-chapter-20-peak-cheap-oil\" target=\"_blank\">Peak Cheap Oil<\/a>, and the false promise of\u00a0<a style=\"text-decoration: none; color: #206282; font-weight: bold; padding: 0px; margin: 0px;\" href=\"http:\/\/www.peakprosperity.com\/video\/85825\/crash-course-chapter-21-shale-oil\" target=\"_blank\">Shale Oil<\/a>, we&#8217;ve gone into great detail to show how our economic growth is deeply dependent on our energy systems.<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">Here\u2019s how it all sums up. There are some knowns:<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">We\u00a0<strong><em>know<\/em><\/strong>\u00a0that energy is required for both growth\u00a0<strong><em>and<\/em><\/strong>\u00a0complexity.\u00a0 We\u00a0<strong><em>know<\/em><\/strong>\u00a0that surplus energy is shrinking.\u00a0 We\u00a0<strong><em>know<\/em><\/strong>\u00a0that the age of cheap oil is over.\u00a0 And we\u00a0<strong><em>know<\/em><\/strong>\u00a0that because of this oil costs will consume an ever-greater proportion of our total budget.<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">And with these known facts, come along specific\u00a0<strong><em>risks<\/em><\/strong>.\u00a0 There is the\u00a0<em>risk<\/em>\u00a0that our exponential money system will cease to operate in a world of declining energy surplus.\u00a0 It is\u00a0<em>designed<\/em>\u00a0for a world without limits \u2013 a world of endless growth.<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">And there is the risk that our society will be forced to become less complex &#8211; a loaded statement if ever there was one.<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">&#8230;click on the above link to read the rest of the article and view the video&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Energy &amp; The Economy &#8211; Crash Course Chapter 22 | Peak Prosperity. Chapter 22 of the Crash Course is now publicly available and ready for watching below. In the past few chapters on\u00a0Energy Economics,\u00a0Peak Cheap Oil, and the false promise of\u00a0Shale Oil, we&#8217;ve gone into great detail to show how our economic growth is deeply [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,3],"tags":[154,174,244,263,391],"class_list":["post-1938","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","tag-complexity","tag-crash-course","tag-economics-2","tag-energy","tag-growth"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1938"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1938\/revisions"}],"predecessor-version":[{"id":1939,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1938\/revisions\/1939"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}