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The famed Peak oil can't be pushed back forever: https://oilprice.com/Energy/Energy-General/Oil-Major-Total-Sees-10-Million-Bpd-Supply-Gap-In-2025.html https:/
by wazoox 5y ago
The famed Peak oil can't be pushed back forever:
https://oilprice.com/Energy/Energy-General/Oil-Major-Total-Sees-10-Million-Bpd-Supply-Gap-In-2025.html https://oilprice.com/Energy/Energy-General/Oil-Major-Total-S...
https://www.woodmac.com/news/opinion/big-themes-and-risks-for-energy-in-2021/ https://www.woodmac.com/news/opinion/big-themes-and-risks-fo...
https://thebarentsobserver.com/en/industry-and-energy/2021/04/russia-may-have-passed-peak-oil-output-government https://thebarentsobserver.com/en/industry-and-energy/2021/0...
OTOH, there's still enough coal to kill us all:
https://www.ft.com/content/4536bc72-6eb3-457d-b9a5-a94cc2669a96 https://www.ft.com/content/4536bc72-6eb3-457d-b9a5-a94cc2669...
But we may lack the necessary mineral resources for "clean" transition:
https://www.iea.org/reports/the-role-of-critical-minerals-in-clean-energy-transitions https://www.iea.org/reports/the-role-of-critical-minerals-in...
My bet is that we'll be crushed between a degraded environment, with declining agricultural yield, more pandemias, etc, and reduced energy availability (no energy == no economy == no efficient action against climate change). Don't worry, you'll live interesting times (as the Chinese curse goes).
Seneca cliff, here we come!