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It's axiomatic for a nonrenewable resource you're going to have a point in time in which you're extracting the most of that resource. But then there's "Peak Oi
by gozur88 9y ago
It's axiomatic for a nonrenewable resource you're going to have a point in time in which you're extracting the most of that resource.
But then there's "Peak Oil" as an apocalyptic theory with imploding economies and starving billions. That's just... not going to happen.
- dbcurtis 9y agoDo you actually think the transition to non-fossil fuels will be painless? Or do you think it won't be necessary? I'd like to see your math on how you plan to feed all the planet's people and give all the newly wealthy Chinese the cars they will want. Economic pain is a distinct possibility.
- gozur88 9y agoGiving people all the cars they want and feeding the planet are two different subjects. Yes, I expect over time we'll all be a bit less wealthy than we would have been if our supply of oil was endless. But I do not believe the price of oil is suddenly going to shoot up to some astronomical value overnight and cause mass die-offs, which is something you hear every time the price of oil goes up a bit.