Energy

Created
Thu, 04/04/2024 - 19:00
Samuel Smith and Marco Pinchetti Recent events in the Middle East, as well as Russia’s invasion of Ukraine, have sparked renewed interest in the consequences of geopolitical tensions for global economic developments. In this post, we argue that geopolitical risk (GPR) can transmit via two separate and intrinsically different channels: (i) a deflationary macro channel, … Continue reading The transmission channels of geopolitical risk
Created
Fri, 22/12/2023 - 01:21
by Dave Rollo

Warn anyone in the USA about the coming energy crisis and you’re likely to see eyes roll. “What energy crisis? That was half a century ago! Markets and technology won. Today we’re back among the top oil suppliers!”

All true, but the response gives a false sense of security that has policymakers and publics sleepwalking toward a cliff. An energy crisis is likely ahead, no matter our rank (currently third) among oil supplying nations.

The post Approaching the Energy Cliff appeared first on Center for the Advancement of the Steady State Economy.

Created
Fri, 20/10/2023 - 04:29
by Daniel Wortel-London

The catastrophe unfolding in Israel and the Gaza Strip is the product of many factors, including colonialism and religious fanaticism. But another impulse driving this disaster deserves discussion: competition over growth and the natural capital—particularly energy, water, and land—that ensures it. These resources provide the basis for economic and population expansion in the Middle East and elsewhere. As nations continue to recklessly pursue this expansion in a finite world we will see more and more struggles over fewer and fewer resources.

The post The Crisis in the Middle East is a Crisis of Growth appeared first on Center for the Advancement of the Steady State Economy.

Created
Thu, 21/09/2023 - 22:49
Gregory M. Mikkelson

The speed of economic growth hinges to a large extent on the supply of fossil fuel, especially of oil and gas, which depends in turn on pipeline capacity. Thus, if we are to turn the tide against economic growth, pipelines are a good strategic place to start. In what follows I focus on the fight against one pipeline in particular.

Spiderwebs of pipelines hold six continents in thrall to climate-wrecking,

The post How to Take out a Pipeline appeared first on Center for the Advancement of the Steady State Economy.