The Default Scenario Is a More Door Economy

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The global superorganism will continue to grow gross energy for the human society. Gross world product will increase, but net energy that powers the things that society used to care about and take for granted is going to decline. The default scenarios are a more door economy or a great simplification. And I think that's the goal of this podcast and this work is to change the initial conditions of when they're become pathways to respond to this dynamic.

Description

This week, Nate walks through the path we are currently on en route to the Great Simplification - a path towards a “Mordor Economy”. Based on data from colleagues Art Berman and Carey King, Nate untangles the complex relationship between biology, GDP, and net energy. How is an economic metabolism based on a need for growth creating a pathway for increasing amounts of energy to be directed to the energy sector itself? Why hasn’t the rapid growth of renewables satiated our energy appetite? How is the use of credit masking the full energetic-cost of energy? Can we proactively take the necessary steps to reset the balance between energy efficiency and energy consumption to pass through Mordor unscathed and arrive at the Great Simplification?

To Watch on Youtube: https://youtu.be/HoYg9M8brF4

For Show Notes and More: https://www.thegreatsimplification.com/frankly-original/23-mordor-economy