My major point ... [is] that our economy’s overall energy return on investment is already too low to maintain the economic system we are accustomed to.This is the first indication I have seen from the writings of this esteemed fossil fuel industry analyst that both makes a cogent argument that we are running up against energy resource limits and that this is related to an economic system. From here it is only a short hop, skip, and jump to an idea that just maybe we ought to be considering another system. She still doesn't go there, but what she does do is important: all the evidence she provides adds up to the dramatic conclusion that the (capitalist) system is headed for collapse due to the increasing costs of extracting fossil fuels required by this growth-addicted system.
in the time remaining, to help us understand how the man-made system of capitalism will lead to the extinction of our human species, and so many others.
Sunday, June 30, 2013
Energy Products: Return on Investment is Already Too Low
Click here to access article by Gail Tverberg from Our Finite World.