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What was really interesting in this article was the mentioning of "the decline in EROI is an underlying driver of the decline in economic growth". If we can re
by maherbeg 5y ago
What was really interesting in this article was the mentioning of "the decline in EROI is an underlying driver of the decline in economic growth".
If we can remove our dependency on fossil fuel energy, then we can turn around economic growth models which is really exciting.
- JamesBarney 5y agoIt drives a decline in economic growth through increasing energy costs. And no one is under the impression that removing our dependency on fossil fuel is going to make our energy cheaper. So if this model is correct removing our dependency on fossil fuel energy will drive down economic growth further.
- tehjoker 5y agoWe can't because we are consuming 6-7 earths worth of other resources already. We are already in ecological overshoot. If it was only oil, you'd be right, but all planetary resources and pollution sinks are being consumed. https://www.amazon.com/Limits-Growth-Donella-H-Meadows/dp/193149858X https://www.amazon.com/Limits-Growth-Donella-H-Meadows/dp/19...