Overly simple energy-economy models give misleading answers

It is not intuitive, but complexity-related issues create a situation in which economies need to grow, or they will collapse. See my post, The Physics of Energy and the Economy. The popular idea that we extract 50% of a resource before peak, and 50% after peak will be found not to be true–much of the second 50% will stay in the ground.

~ Gail Tverberg from, https://ourfiniteworld.com/2016/07/25/overly-simple-energy-economy-models-give-misleading-answers/