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Gail Tverberg

Tverberg: Something Has Got To Break

Gail Tverberg explains the correlation between rates of GDP growth and growth in energy supply. For decades, energy has been becoming more costly to obtain, but instead of accepting lower GDP growth, we have been using debt to fund further energy extraction. That strategy has diminishing returns, and we are close to the moment of reckoning.

Alert: Global financial crash ahead?

The Guardian reports: Investors face a “cataclysmic year” where stock markets could fall by up to 20% and oil could slump to $16 a barrel, the Royal Bank of Scotland have warned. In a note to clients, it said: “Sell everything except high quality bonds. This is about return of capital, not return on capital.”

NEWS UPDATE #71

5 reasons why Tibet’s melting ice is a disaster for India, Europe and US Nihar Gokhale, Catch News Did you know that rivers originating in Tibet’s glaciers supply water to 1.3 billion people? That’s equivalent to the entire population of India. But these glaciers are fast disappearing due to global warming. Tibet’s sustainability is crucial

Video: The Shit Hits The Fan discussion series at the Doomstead Diner

Doomstead Diner Doomstead Diner Discussions on The Shit Hits The Fan (TSHTF) – Three Recordings on Aug. 23, 2015.  At the Doomstead Diner, we investigate, discuss and debate the ramifications of the Economic Collapse of Industrial Civilization.  Often referred to in shorthand as TEOTWAWKI.  The End of the World as We Know It. Energy Discussion

News update

World will pass crucial 2C global warming limit, experts warn The Guardian UK Pledges by nations to cut carbon emissions will fall far short of those needed to prevent global temperatures rising by more than the crucial 2C by the end of the century. This is the stark conclusion of climate experts who have analysed

News update

Parliamentary Standing Committee rejects TSR Subramanian report on environmental laws Down to Earth A Parliamentary Standing Committee (PSC) rejected a high-level committee (HLC) report that reviewed various Acts administered by the Ministry of Environment, Forests and Climate Change (MoEF&CC). The committee precisely noted that some of the essential recommendations made by the HLC “would result

News update

Continued destruction of Earth’s plant life places humans in jeopardy Science Daily Unless humans slow the destruction of Earth’s declining supply of plant life, civilization like it is now may become completely unsustainable, according to a paper published recently by University of Georgia researchers in the Proceedings of the National Academy of Sciences. “You can think

News update

Warming of oceans due to climate change is unstoppable, say US scientists The Guardian UK The warming of the oceans due to climate change is now unstoppable after record temperatures last year, bringing additional sea-level rise, and raising the risks of severe storms, US government climate scientists has said. The annual State of the Climate

News update

Will Tesla’s home battery really transform our energy infrastructure? The Guardian UK “The goal is complete transformation of the entire energy infrastructure of the world,” Tesla founder Elon Musk told reporters as he launched the electric car company’s new home power storage battery. “This is actually within the power of humanity to do. It is

News update

Alice In Shale Gas Wonderland Julian Darley It is hard to know where to begin regarding Ambrose Evans-Pritchard’s article entitled “Energy crisis is postponed as new gas rescues the world.” But since the speculative world he invokes has more to do with Alice In Wonderland than the hard reality of engineering and science, let us

News update

India’s 100 GW Solar Target Could Create 1 Million Jobs by 2022 The Energy Collective Delhi is abuzz as the first renewable energy-financing summit organized by the Indian government, RE-Invest 2015, wrapped up with commitments totaling a whopping 266 GW of renewable energy in the next 5 years. For context of the magnitude of these

News update

What is Saudi Arabia not telling us about its oil future? Kurt Cobb, Resource Insights What if the Saudis are acting now to undermine U.S. and Canadian oil production because they realize that Saudi production will soon reach a peak? What if the Saudis fear that energy efficiency, fuel substitution (say, toward natural gas), and

Special: 2015: The bad news

“He who laughs has not yet heard the bad news.” – Bertolt Brecht (Editor’s Note: As a necessary corrective to the unbridled optimism of the mainstream media, here’s a selection of forecasts for 2015 by some of the most insightful alternative voices on world politics, energy and the economy. For those in a hurry, here’s a one-line

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