We live in a world with limits, yet our economy needs growth. How can we expect this scenario to play out? My view is that this problem will play out as a fairly near-term financial problem, with low oil prices leading to a fall in oil production. But not everyone comes to this conclusion. What were the views of early researchers? How do my views differ? In my post today, I plan to discuss the first lecture I gave to a group of college students in Beijing. A PDF of it can be found here: 1. Overview of Energy Modeling Problem . A MP4 video is available as well on my Presentations/Podcasts Page . Many Limits in a Finite World We live in a world with limits. These limits are not just energy limits; they come in many different forms: All these limits work together. We can work around […]