Post
Topic
Board Economics
Re: Screw the economic growth paradigm
by
asdf
on 06/06/2011, 10:44:47 UTC
Another piece of the puzzle, our best friend energy! Since we began producing energy with oil and coal we haven't changed that much. And that was a long time ago. Exponential consumption of a limited resource = fail. And technology does have alternatives but they are not profitable so the problem is unresolved.

They aren't profitable because we have plenty of coal. If/when coal becomes scarce, alternatives will be profitable, as long as there is demand for energy.