{"id":661,"date":"2014-10-26T18:20:09","date_gmt":"2014-10-26T22:20:09","guid":{"rendered":"http:\/\/olduvai.ca\/?p=661"},"modified":"2014-10-26T18:20:09","modified_gmt":"2014-10-26T22:20:09","slug":"energy-economics-crash-course-chapter-19-peak-prosperity","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=661","title":{"rendered":"Energy Economics &#8211; Crash Course Chapter 19 | Peak Prosperity"},"content":{"rendered":"<p><a href=\"http:\/\/www.peakprosperity.com\/blog\/88380\/energy-economics-crash-course-chapter-19\">Energy Economics &#8211; Crash Course Chapter 19 | Peak Prosperity<\/a>.<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">The central point to this latest video is this: as we\u2019ve shown in previous chapters of the Crash Course, our global economy depends on continual growth to function. And not just any kind of growth; but\u00a0<em>exponential<\/em>\u00a0growth.<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">But in order to grow, it must receive an ever-increasing input supply of affordable energy and resources from the natural world. What I\u2019m about to show you is a preponderance of data that indicates those inputs will just not be there in the volumes needed to supply the growth that the world economy is counting on.<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">In short, on top of all the debt and other economic messes we\u2019ve made for ourselves, constraints from the natural world will increasingly place limits on economic growth in a way we haven\u2019t had to deal with over the past century.<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">This is why I\u2019m so confident in the claim that the next 20 years will be completely unlike the past 20.<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">So understanding the dynamics at play here is key to forecasting what the future will be like. Since energy is\u00a0<strong>the\u00a0<\/strong>master resource, that\u2019s where we\u2019re going to start.<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Energy Economics &#8211; Crash Course Chapter 19 | Peak Prosperity. The central point to this latest video is this: as we\u2019ve shown in previous chapters of the Crash Course, our global economy depends on continual growth to function. And not just any kind of growth; but\u00a0exponential\u00a0growth. But in order to grow, it must receive an [&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":[147,244,263,266,277,286,349,588],"class_list":["post-661","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","tag-coal","tag-economics-2","tag-energy","tag-energy-economics","tag-eroei","tag-exponential-growth","tag-gas","tag-oil"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/661","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=661"}],"version-history":[{"count":0,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/661\/revisions"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}