Energy Supply Restraints Will Show That The Laws Of Nature Trump The Laws Of Economics

“…we are hurtling towards an energy crisis that will forcefully (and likely painfully) downshift our standard of living…”

Dr Charles Hall Interviewed by Chris Martenson on Peak Prosperity

Full Description and comments at: https://www.peakprosperity.com/podcas…

Dr. Charles Hall may not be a name you instantly recognize, but it should be. Now a Professor Emeritus of the College of Environmental Science and Forestry, Dr. Hall is a rigorous researcher of energy, oil, biophysical economics — and was a critical early pioneer in developing the key resource metric of Energy Returned On Energy Invested (EROEI).

After a life’s career of looking at the world through the lens of EROEI, Hall is very concerned that, as a global society, we are hurtling towards an energy crisis that will forcefully (and likely painfully) downshift our standard of living within the lifetime of the current generation. And yet, our current economic models remain blind to the possibility of resource limits — so we are highly likely to be caught completely unprepared by this approaching crisis.