the growth in net energy appears to have slowed while EROI of fossil fuels continues to fall. That has led to greater competition for the available net energy and a general rise in fossil fuel prices from 2000 onward. There have been fluctuations, sometimes violent ones, tied to the so-called Great Recession of 2008 and 2009 and to the softening of the world economy in the past year which led to steep declines in oil prices (something which may be telling us there is another recession in the offing).

Source: www.resilience.org

Excellent article by Kurt Cobb on the real reasons behind the world’s low-growth (maybe even degrowth) problem.

See on Scoop.itThe Great Transition