In "Economics for the future – Beyond the superorganism" the author makes the point that our #economy relies heavily on #energy but that standard #economic theory ignores this fact by assuming #substitutability but different energy forms have different densities (this makes fossil fuels and nuclear so difficult to replace in practice)

Read the paper here #openaccess #climatecrisis #climateeconomics

https://www.sciencedirect.com/science/article/pii/S0921800919310067

What goes up fast tends to fall fast too. #ng #efficiency #substitutability

RT @JavierBlas@twitter.com

CHART OF THE DAY: Henry Hub US natural gas prices plunge further, approaching the $3.5 per mBtu level. They hit $10 per mBtu in late August | #ONGT

🐦🔗: https://twitter.com/JavierBlas/status/1611057585448226836