>It argues that increasing EROI has led to decreased economic growth Decreasing, not increasing. EROI = The amount of usable energy delivered from an energy so

>It argues that increasing EROI has led to decreased economic growth Decreasing, not increasing. EROI = The amount of usable energy delivered from an energy source versus the amount of energy used to get that energy resource. So if we consume 1KwH of energy to make 20KwH of energy available, that's an EROI of 20x. Your point about price is partially correct but what matters is the future projection. If fossil fuel EROI is only going down in future, that means price will only go up. If renewables EROI is projected to improve, stay the same, or even decline but not to the same extent as fossil fuel, then there comes a point where you want to be on renewables and away from fossil fuels. Since that transition takes time and re-aligns a whole bunch of major things in our economy and society, it would be foolish to wait for the cost balances to have flipped. And this is the purely economic argument, putting aside the climate change/environmental impact stuff.