Oil & Gas: Facing the Music Before it Stops

Emergy (spelled with an “m”) cost includes both the work done by nature and the work done by man. When you start to audit nature’s books this way, you see clearly that some fuels are net losses and that some “free” goods are created at great cost. You see how heavily every activity in our economy is subsidized by cheap energy, even when it involves no fuel or electric power.

More