muses of the moment

October 25, 2012

It’s all about Net Energy

Filed under: Economic Crisis, Peak Energy, US Government Debt — totallygroovygirlfriday @ 1:31 am

Click here for Chris Martenson’s latest blog post Eye Wide Shut: We Are In A Bad Spot. Another excellent post regarding the real long-term issue. Which is NOT debt, but diminishing net energy return.

Net energy is how much energy does it take to get new energy out (mined, pumped, fracked, etc.) and useable and what is the net of those costs.

Imploding debt is a 5-10 year problem. Diminishing net energy is a 50-100 year problem.

Rising debt costs add to those costs, yes. But we must look at it from an energy to energy standpoint. Cheap and expanding debt hides the real picture.

And here is a discussion of some solutions to that long-term net energy problem. Local economies and guilds!

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