Saturday, July 13, 2013


Energy in a Mark II Economy

It occurred to me today that almost no one is familiar with what I learned in "Energy in a Mark II Economy"; namely, that for an energy technology with a high ERoEI of 10.0 such as conventional oil, gas, or coal, it is possible to support a market economy for which 22% of the total energy budget goes to middle men (commerce, marketing, and finance); but, for an energy technology with ERoEI of 3.0, which is a generous estimate for a renewable energy, it is not. See http://dematerialism.net/Mark-II-Economy.html.  I will enlist the aid of Dave Kimble, my de facto editor, to suggest appropriate changes to the executive summary of that paper to make the conclusion clear.

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