Is Peak Oil relevant ?
Modell aus Perspektive des Faktors Economic activity
Blue for balancing feedback loops, red for reinforcing feedback loops
Currently the price is low and international politics to tackle climate change are weak.
Modell aus Perspektive des Faktors Economic activity
Modell aus Perspektive des Faktors Economic activity
short term
long term
Looking at energy price it becomes clear that renewables not just increase economic activity as shown with the slide before but also the price of energy. Therefore it is crucial to subsidize energy for low income households