Peak Oil and America’s future

“Economists insist that recovery is at hand, yet unemployment remains high, real estate values continue to sink, and governments stagger under record deficits,” said a Heinberg spokesman. “The End of Growth proposes a startling diagnosis: humanity has reached a fundamental turning point in its economic history. The expansionary trajectory of industrial civilization is colliding with non-negotiable natural limits.

“Heinberg’s latest landmark work goes to the heart of the ongoing financial crisis, explaining how and why it occurred, and what we must do to avert the worst potential outcomes.”

·       Resource depletion,
·       Environmental impacts, and
·       Crushing levels of debt.

“These converging limits will force us to re-evaluate cherished economic theories and to reinvent money and commerce,” he said. “The End of Growth describes what policy makers, communities, and families can do to build a new economy that operates within Earth’s budget of energy and resources.”

PRAISE:
Why have mainstream economists ignored environmental limits for so long? If Heinberg is right, they will have a lot of explaining to do. The end of conventional economic growth would be a shattering turn of events-but this book makes a persuasive case that this is indeed what we are seeing.
                  —Lester Brown, Founder, Earth Policy Institute, Author, World on the Edge

Heinberg shows how peak oil, peak water, peak food, etc. lead not only to the end of growth, and also to the beginning of a new era of progress without growth.
                  —Herman E. Daly, Professor Emeritus, School of Public Policy, University of Maryland