Peter Pogany

The current generation will not escape the consequences of rising energy and material resource costs. An appealing but superannuated ideology keeps the public in the dark. More light!

Peak oil and mixed economy don’t mix.

The Arabian camel has only one hump.

As production of the economy’s critical natural resource approaches its zenith, the utility of financial deals moves toward its nadir.

For the world economy to be considered sustainable; that is, to reach and maintain a decent level of living for the entire global population for a century or two, the use of renewable resources should not exceed sustainable yields; pollution levels should not surpass the environment’s absorbing/regenerating capacity; the drawdown of nonrenewable resources should decline in proportion with the depletion of stocks; and environmental goals and technical progress helping to achieve them ought to gain universal application.

The economy is subordinate to nature and not vice versa.