What impact will oil depletion have on the economy?
In order to view the videos online at Big Picture TV, you need to install the Macromedia Flash Player 8 (or later) and have Javascript enabled in your browser.
About the video: ‘What impact will oil depletion have on the economy?’
Economist Richard Douthwaite explores the economics driving climate change. He looks at how the current economic model requires sustained growth in order to survive and examines the implications oil depletion has on the world economy.
Total views: 7,320
Filmed: London, UK on 4 March 2005
Credits: Interviewer - Marcus Morrell Camera and Editor - Marcus Morrell
Copyright © 2005 Big Picture TV
About Richard Douthwaite
Richard Douthwaite is an economist, journalist and author. He is the co-founder of the Foundation for the Economics of Sustainability (Feasta), an economic think-tank based in Ireland.
He acted as economic adviser to the Global Commons Institute (London) from 1993 to 2005 during which time GCI developed the “contraction and convergence” approach to dealing with greenhouse gas emissions which has now been backed by many countries.
His books include ‘The Growth Illusion’ (1992), widely regarded as a classic, ‘Short Circuit’ (1996) and the ‘Ecology of Money’ (1999).
Other videos with Richard Douthwaite
Richard Douthwaite
What can be done about debt?
Economist Richard Douthwaite looks at the flaws in the current economic model and how it requires constantly tranfered debt. He goes on to imagine what what happen if we changed…
Recorded: 4 March 2005
Related videos
Bill McKibben
Will localisation define the future?
Cheap fossil fuels have facilitated longer trade routes, thereby making global trade possible. Oil depletion and climate change are now requiring of us to reduce fossil fuel dependence…
Recorded: 15 October 2005
Matthew Simmons
What is the truth about Peak Oil?
Matt Simmons takes a candid look at the future of global oil and gas supply and demand. Forecasts show demand booming as developing countries such as China and India continue to…
Recorded: 14 February 2007
Vijay Vaitheeswaran
How can we meet the world’s energy needs?
In the first part of this three-part series, journalist Vijay Vaitheeswaran debunks some of the myths about oil. He explains where most of our oil comes from and where it goes.…
Recorded: 9 June 2004
Lester Brown
What is the future for World food supplies? (Part One)
In this two-part series Lester Brown looks at two environmental trends, aquifer depletion and rising temperatures. He focuses primarily on the long-term implications these have…
Recorded: 1 December 2004
Richard Heinberg
What is peak oil? (Part 2)
Professor Heinberg explains that the theory of peak oil has its roots in the work of US petroleum geologist M. King Hubbert. Hubbert first alerted the world to America’s falling…
Recorded: 19 October 2005
Richard Heinberg
How can humanity best cope with increasing oil scarcity? (Part 1)
Given its finite nature, oil has rapidly become a vital strategic resource. Wars have already been fought over it and we are likely to see more as the years pass. Conflict over…
Recorded: 19 October 2005
