Gail Tverberg Blog | Talkmarkets | Page 1
Researcher writer at OurFiniteWorld.com
Contributor's Links: Our Finite World

Gail Tverberg is a researcher on subjects related to energy and the economy. Her background is as actuary, who did financial modeling for insurance companies, so she brings a different perspective to the question of how limits of a finite world affect the economy.

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EC Raising Interest Rates Can’t End Well
Judging from the problems we are having now, the economy seems to be reaching its limit in the near term. Raising interest rates will tend to push it even further toward its limit, or over the limit.
EC Oops! The Economy Is Like A Self-Driving Car
The reason why the economy acts like a self-driving car is because the economy is, in physics terms, a dissipative structure. It grows and changes “on its own,” using energy sources available to it.
The “Wind And Solar Will Save Us” Delusion
The time has come to move away from believing that everything that is called “renewable” is helpful to the system. We now have real information on how expensive wind and solar are, when indirect costs are included.
EC 2017: The Year The World Economy Starts Coming Apart
Whether or not the “coming apart” process started in 2016, in my opinion we are going to see many more steps in this direction in 2017.
EROEI Calculations For Solar PV Are Misleading
The type of EROEI we generally hear about today is what I would call “energy return on fossil fuel energy invested. What should be done next in the energy industry?
What Has Gone Wrong With Oil Prices, Debt, And GDP Growth?
The situation everywhere may very well be that growth is a temporary phenomenon. Rapid growth occurs for a while, but then it fades away. When it fades away, inflation tends to shift to deflation.
EC The Energy Problem Behind Trump’s Election
Behind the election is an energy problem that leads to low wages for many workers in the US, and high unemployment rates in the European Union.
EC How Researchers Could Miss The Real Energy Story
We have been telling a fairly different energy story from most energy researchers. How could we possibly be correct? What have other researchers been missing?
Why Energy Prices Are Ultimately Headed Lower; What The IMF Missed
We have already reached the corresponding drop in commodity prices that comes with diminishing returns, because fewer non-elite workers are able to buy goods made with commodities, and because of the higher US dollar.
HH What Really Causes Falling Productivity Growth — An Energy-Based Explanation
What really causes falling productivity growth? The answer seems to be very much energy-related. Human labor by itself does not cause productivity growth.
Intermittent Renewables Can’t Favorably Transform Grid Electricity
Many people are hoping for wind and solar PV to transform grid electricity in a favorable way. Is this really possible? Is it really feasible for intermittent renewables to generate a large share of grid electricity?
An Updated Version Of The "Peak Oil" Story
We should not be surprised if the financial problems that the world is now encountering will eventually resolve badly. This seems to be how the Peak Oil story will finally play out.
EC Overly Simple Models Give Misleading Answers
It is easy to rely on too-simple models. Perhaps the biggest issue that is missed is that energy prices can’t rise endlessly. Because of this, a large share of natural resources, including oil and other energy products, will be left in the ground.
Energy Limits: Why We See Rising Wealth Disparity And Low Prices
If we are seeing falling world energy consumption per capita, it should not be surprising if world GDP growth per capita is falling as well.
China: Is Peak Coal Part Of Its Problem?
The world’s coal resources are clearly huge. How could China, or the world in total, reach peak coal in a timeframe that makes a difference?
$50 Oil Doesn’t Work
$50 per barrel oil is clearly less impossible to live with than $30 per barrel oil, because most businesses cannot make a profit with $30 per barrel oil.
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