Great simplification pulsing lines

#3 | Frankly

Energy Blindness

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Frankly

Nate offers a short monologue on why our culture is “energy blind” and the implications.

In French, we have a motto that says that a simple drawing is often better than a long explanation. Jean-Marc Jancovici Carbone 4 President

That’s very understandable because with left atmosphere thinking, one of the problems is that you see everything as a series of problems that must have solutions. Iain McGilchrist Neuroscientist and Philosopher

We can’t have hundreds and hundreds of real relationships that are healthy because that requires time and effort and full attention and awareness of being in real relationship and conversation with the other human. Nate Hagens Director of ISEOF

This is the crux of the whole problem. Individual parts of nature are more valuable than the biocomplexity of nature. Thomas Crowther Founder Restor

Show Notes & Links to Learn More

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00:43 – The Great Simplification – Full Movie

01:26 – Everything requires an energy conversion

02:14 – The average American house has 40 things draining energy all the time, and use 12-15% of our electricity

03:04 – A barrel of oil is worth ~5 years of human labor (Section 4.3)

04:38 – Energy is not accounted for in economics and production estimations

05:25 – We use energy as principal, but treat it like interest

05:37 – We use 100 billion barrel of oil equivalents of fossil hydrocarbons per year, globally

06:19 – We don’t include resource creation or pollution streams in our prices

06:44 – Massive wealth growth due to fossil hydrocarbons

07:04 – Average US citizen consumes 17 barrels of oil/yr, and 57 barrels of oil equivalents + additional goods we consume adds 17 barrels of oil per person/year

07:18 – The average American uses 3,100 lbs of coal/year

08:17 – Steve Keen

08:49 – We are drawing down energy 10 million times faster than it was created

09:08 – Global conventional oil extraction has plateaued the last 15 years

09:32 – Oil production has appeared to grow due to debt, QE, and shale oil

09:57 – Oil production likely peaked in late 2018

10:25 – Half (65%*) of US crude oil production is light, tight shale oil

10:35 – What is shale oil?

10:56 – If we were to stop drilling right now, production would drop 40% this year, 22% next year, and 17% after that

11:30 – The U.S. produces 11-12 million barrels oil/day, and uses 20 million barrels of oil/day

11:59 – 60-65% of remaining oil is in the 600 mile triangle in Saudi Arabia

12:27 – Oil underpins and predicts economic wealth

13:04 – Geographic distribution of oil

13:27 – The US has used more oil in the last 20 years than any other country ever

13:53 – Rebuildable energy

14:04 – Most renewable energy is electricity, which is only 20% of energy used globally

14:33 – Intermittence

14:47 – Russia reduced natural gas flows to Germany by 25%

16:15 – Fossil energy replaces human labor, which is energetically inefficient, by highly valuable for time (Graph) + Background analysis

17:37 – Gina McCarthy wants social media companies to crack down on anti-renewable content

19:02 – 40% of a barrel of oil is gasoline, the other 60% creates thousands of other products

20:16 – Ecology blindness

21:05 – Putin’s speech 06/17/22 and implications

22:07 – Japan imports all energy, and is creating monetary overlays to subsidize this

23:12 – Italy imports all energy

23:23 – Natural gas at $240/barrel in Europe

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