Energy Use, No Kidding, Denninger;

----- Original Message -----

From: Len Cranford

To: Richard Finley ; craig schommer ; ryder smith ; jb_campbell@yahoo.com ; patrick henry ; James Wickstrom ; darkmoon@darkmoon.me ; tommy ; Bill Conlin ; gvwyatt@gmail.com ; pseudoskylax@gmail.com ; executioner@dreadwilliam.com

Sent: Monday, October 13, 2014 9:04 AM

Subject: Energy Use, No Kidding, Denninger;

{Of course the idea that growth will be exponential, nullified by the massive debts, growing poverty, massive Taxation...If energy costs go through the roof, kiss it all goodbye. Here`s why;   But, Luckily Oil is going down for now. Still, Commie-Obama is doing what he can to Wreck Coal-Fired Power Plants. We want you all to volunteer to live in grass huts and become hunter-gatherers! But notice the Hippies and Liberals weren`t willing to do that!   L.}

http://market-ticker.org/akcs-www?post=229497

Time To Wake Up! (Growth)

One of the punchlines in my book Leverage is the following: Behind every unit of GDP is a unit of energy.
This is not conjecture or supposition, it is inescapable fact.  It also underlies the limit to what many claim is an "eternal" exponential capacity to grow an economic system; a fact that economists (including people like Yellen, Bernanke and more) just flat-out ignore.  Yet, as pointed out here, there's no cheating math -- or physics:

Allow me to explain why I am one of those scientists who are preoccupied with the physical. Economists are correct in saying that growth doesn't necessarily require more pollution, more carbon pumped into the atmosphere or more deforestation, even though we're getting all of the above today. Humans can learn, and we might figure out how to grow differently in the future, separating the benefits from the environmental costs.

There's just one crucial exception: energy.

Growth inevitably entails doing more stuff of one kind or another, whether it's manufacturing things or transporting people or feeding electricity to Facebook server farms or providing legal services. All this activity requires energy. We are getting more efficient in using it: The available data suggest that the U.S. uses about half as much per dollar of economic output as it did 30 years ago. Still, the total amount of energy we consume increases every year.

Yes, a bigger system might be more efficient but it is still bigger and still uses more.
The author of this piece appears to have bought into the globull-warming scam, but that's not material.  The fact of the matter is that there are no free lunches and yet the closest we can get to them in the energy realm all come from very, very large numbers -- specifically, E = MC^2.
"C", being a very large number itself, when squared is a monstrously-large number.  Thus, the ability to obtain very large amounts of energy from very small amounts of matter.
But even here, there is no free lunch.
Wake up folks....