Energy Limits: Why We See Rising Wealth Disparity and Low Prices
My analysis has as its premise that the economy behaves like other physical systems.
My analysis has as its premise that the economy behaves like other physical systems.
Why would a country selectively decide to slow down the growth of the fuel that has made its current “boom” possible?
The coal industry has achieved stunning growth in the last decade, largely due to increased demand in China. But big changes in China’s economy and its policies are expected to put an end to coal’s big boom.
Citibank has released an interesting report on "peak coal" in China – referring to peak demand rather than any supply driven peak of production (something I view as quite far off) -The Unimaginable: Peak Coal in China. The limit to coal use appears to be how much pollution the Chinese population is willing to tolerate – a reminder that there is more than one "limit to growth".