Money and Finance
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UPDATE: Link to Part 2
- Links
An Interview with Bill Gates on the Future of Energy (LINK) A Dozen Ways Charlie Munger Thinks like Philip Tetlock Suggests in his New Book Superforecasting (LINK) Related book: Superforecasting: The Art and Science of PredictionHorizon Kinetics: 3rd...
- Links
‘Flash Crash’ Charges Filed (LINK) A trader who operated out of his West London home was arrested by British authorities Tuesday on U.S. charges that he helped cause the Dow Jones Industrial Average to plummet 1,000 points on May 6, 2010, in what...
- Apollo Asia Fund Q2 Report: The Imprecision Of Vital Statistics
There has been much recent discussion of Chinese statistics, but I have seen none at all on an interesting revision to BP's data on Malaysian oil production and consumption. BP's annual 'Statistical Review of World Energy' has become a...
- Chris Martenson On Capital Account
Link ……………….. Related previous posts: Chris Martenson's presentation at the Gold & Silver Meeting in Madrid The Crash Course in Shorter Form - By Chris Martenson Chris Martenson: The Crash Course in 45 Minutes (or less) Arithmetic,...
- Vaclav Smil's “energy Myths And Realities” - A Review
Found via Chris Martenson.Vaclav Smil, professor of Environment and Environmental Geography at the University of Manitoba in Winnipeg, has written a new book called “Energy Myths and Realities.” In the book, he looks at a number of things he considers...
Money and Finance
Don't Fall for the Shale Boom Hype - Chris Martenson Interview with OilPrice.com
We are in the midst of an amazing energy boom, but by sweeping the idea of peak oil under the rug we are ignoring a significant fact: the relationship between hydrocarbon reserves and flow rates are not the same as they used to be—reserves have increased but flow rates are not as high or sustainable.
Perhaps the most important thing we need to pay attention to is net energy returns, on which we run society. Massive new discoveries are only netting a fraction of the returns compared to earlier decades.
While we must proceed into the energy future with caution—and the knowledge that analysts may be overselling the shale boom—there are also, as always, major opportunities in this story and they can be found in the wider trends related to improving energy efficiency.
Looking at our energy future in more detail we were fortunate to speak with the well known economist and author of the Crash Course Chris Martenson. You can find out more about Chris and the Crash course at his website Peak Prosperity.
..........
UPDATE: Link to Part 2
- Links
An Interview with Bill Gates on the Future of Energy (LINK) A Dozen Ways Charlie Munger Thinks like Philip Tetlock Suggests in his New Book Superforecasting (LINK) Related book: Superforecasting: The Art and Science of PredictionHorizon Kinetics: 3rd...
- Links
‘Flash Crash’ Charges Filed (LINK) A trader who operated out of his West London home was arrested by British authorities Tuesday on U.S. charges that he helped cause the Dow Jones Industrial Average to plummet 1,000 points on May 6, 2010, in what...
- Apollo Asia Fund Q2 Report: The Imprecision Of Vital Statistics
There has been much recent discussion of Chinese statistics, but I have seen none at all on an interesting revision to BP's data on Malaysian oil production and consumption. BP's annual 'Statistical Review of World Energy' has become a...
- Chris Martenson On Capital Account
Link ……………….. Related previous posts: Chris Martenson's presentation at the Gold & Silver Meeting in Madrid The Crash Course in Shorter Form - By Chris Martenson Chris Martenson: The Crash Course in 45 Minutes (or less) Arithmetic,...
- Vaclav Smil's “energy Myths And Realities” - A Review
Found via Chris Martenson.Vaclav Smil, professor of Environment and Environmental Geography at the University of Manitoba in Winnipeg, has written a new book called “Energy Myths and Realities.” In the book, he looks at a number of things he considers...