Peak Oil is You
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Page added on November 20, 2011
How Peak Oil Will Affect the Economy
Economist Richard Douthwaite discusses the impact of peak oil on the world economy. Our current economic model requires sustained growth based on cheap fossil fuels; oil depletion, rising oil prices and climate change will cause a global economic crisis.
2 Comments on "How Peak Oil Will Affect the Economy"
BillT on Mon, 21st Nov 2011 2:18 am
This video should be required watching for EVERY American that can understand English.
Kenz300 on Mon, 21st Nov 2011 4:21 am
Very scary scenario of economic collapse caused by energy shortages.