Jan 7, 2012

Oil Shock - The No Growth World - EnergyBulletin

In a peak oil world, no further growth is possible. If China grows, somewhere Western consumption must shrink. And "shrinking" isn't pretty says Jeff Rubin. He's the former CIBC markets Chief Economist, speaking at ASPO 2011 in D.C., along with oil market guru Charles Maxwell. "Economy Past Peak Oil" panel plus Radio Ecoshock interview with ASPO Italy founder Professor Ugo Bardi (author of "The Limits to Growth Revisited") on peak oil versus climate change. Please read more