Economist Richard Douthwaite discusses the impact of peak oil on the world economy. Our current economic model requires sustained growth based on cheap fossil fuels; oil depletion, rising oil prices and climate change will cause a global economic crisis.
good vid
yourmajezty 9 months ago 3
I think the International Energy Agency now says we have in fact reached peak in 2006.
nsbd90now 9 months ago 2