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Economic Growth Stems from Cheap Energy, 2012 through 2013
ten economic contraction trends
Natural Resource Overuse as Economic Bubble
Introductions to Peak Oil
ten economic contraction trends (as tree)
web
web
http://www.resilience.org/stories/2012-12-21/peak-philosophy-the-economic-contraction-narrative-needs-facts-not-theory
Documents:
(1) exponential growth came from one-time fossil fuels
(2) growth rate of GDP and oil peaked decades ago
(3) US crude peaked in 1971, world in 2005
(4) the remaining oil is more expensive
(5) oil and gas fracking is a speculative bubble
(7) wind, solar, and geo are still just 1% of energy
(8) key minerals are becoming rarer and costlier
(9) the US is most vulnerable to peak oil
(10) unemployment increases with peak resources
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