Energy and water: the real blue-chips
In this week’s Fleeing Vesuvius article, Nate Hagens and Kenneth Mulder explain why today’s prices and costs provide a very bad basis for making investment decisions. They reflect temporary relative market scarcities rather than long-run underlying physical ones. The world needs to abandon money as its measure when determining energy and economic policy if it is to invest its scarcest, most limiting resources in the best possible way.
Featured image: Water drops 4. Author: Rolve. Source: http://www.sxc.hu/photo/1307291
Related posts:
- The supply of money in an energy-scarce world
- Greenhouse-gas emissions from energy use in the water sector
- Future energy availability: ‘net energy’ and the Energy Internal Rate of Return
- Why Pittsburgh real estate never crashes: the tax reform that stabilised a city’s economy
- Envisioning a Sustainable Ireland from an Energy Availability Perspective














