Energy Crunch – tectonic shifts
This week the latest edition of the BP Statistical Review of World Energy noted two important trends.
emission reductions
IEA Says the Party’s Over
The International Energy Agency has just released a new special report called “World Energy Investment Outlook” that should send policy makers screaming and running for the exits.
Avoiding the Carbon Crash: reform the financial system now
The scale of emission reductions required to meaningfully impact Climate Change will result in economic stagnation or contraction. This will render much of the financial system non-viable, greatly exacerbating the economic problems.