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Tuesday, April 12, 2011

Energy Quality & Recessions

"Energy Quality Causes Recessions?  “An overlooked cause of the economic recession in the United States is a decade long decline in the quality of the nation’s energy supply, often measured as the amount of energy we get out for a given energy input, says energy expert Carey King of The University of Texas at Austin.” Quoted from the University of Texas at Austin press release.

 Note: Although the “energy quality” concept is interesting, the long-term trends for coal and natural gas really got our attention."

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