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Dinosaur economy: Headed for extinction Featured

The Dinosaur Economy is an energy intense economy that relies primarily on fossil fuels such as oil, coal and natural gas that are derived from dinosaurs, plants and other prehistoric biota. The Dinosaur Economy is going extinct because these resources are running out.

Notes:  The fossil fuel economy is a dinosaur for two reasons.


First it is based on resources that were formed before dinosaurs walked the earth.

Gasoline comes from oil that was created 300 to 400 million years ago during the carboniferous period. Dinosaurs went extinct about 65 million years ago.

Second, the fossil fuel economy is going extinct, just as the dinosaurs did.

Coal, oil and gas are limited resources that will run out. The impact of limited oil supplies are already being felt in the form of high prices. Added to this is the effect of CO2 emissions on global warming. Carbon Tracker reports that if countries act on their pledges to reduce carbon emissions, 80% of current coal, oil and gas reserves will never be used - they will be stranded assets.

We are living through the death throes of the Dinosaur Economy. And we're watching the birth of the new Clean Energy Economy that will depend on renewable resources like sun, wind and water.

The practical and moral response to this transition is to:

  • Help the dinosaurs pass from the world with dignity and respect.
  • Help the fledgling new clean energies to grow strong.

The Story of Stuff makes extensive use of the Dinosaur Economy metaphor.

Source: Urban Dictionary

Image: Dinosaurusi

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Bite Details

Submitted by
Gillian King
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May 29, 2012

Amazing analogy. Thanks for linking it to my bite also, 'Let's build a civilization on dinosaur bones.' Your bite also reminds me of a youtube video: The Carbon Crisis in 90 seconds. Narrated by NASA scientist Dr. Peter Griffith. I got to meet him last September. I love his analogy of a piece of coal vs. a banana. Check it out when you have a chance.

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