Hacker News new | ask | show | jobs
by Gibbon1 2305 days ago
There is a paper from Norway's geology administration that says what's happening is that fossil fuel productivity is in steep decline since about 2005. Which means the amount spent on fossil fuel (oil and gas) extraction is growing faster than the world economy. Basically an economist looking at gross figures thinks everything is fine. But a mayor of a city looking at his budgets feels like things are getting worse.