When you hear the Geoff Cooks, Ozoufs and Macleans of this world banging on about economic growth and green shoots of recovery etc just consider that we have probably come to the end of the historical period when economic growth was either possible or beneficial. The future will be different, with different rules. Here’s a taster in this video.
Post Carbon Institute Senior Fellow Richard Heinberg relates the fundamentals of energy supply scarcity and how the economic markets will react. Richard is Senior Fellow-in-Residence of the Post Carbon Institute and is widely regarded as one of the world's foremost Peak Oil educators. He has authored scores of essays and articles that have appeared in such journals as The Ecologist, The American Prospect, Public Policy Research, Quarterly Review, Z Magazine, Resurgence, The Futurist, European Business Review, Earth Island Journal, Yes!, Pacific Ecologist, and The Sun; and on web sites such as Alternet.org, EnergyBulletin.net, TheOilDrum.com, ProjectCensored.com, and Counterpunch.com.