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Not exactly: it relies on future sources of oil (unconventional oil) having lower EROI (Energy return on investment) than historical oil reserves (conventional
by NoGravitas 2y ago
Not exactly: it relies on future sources of oil (unconventional oil) having lower EROI (Energy return on investment) than historical oil reserves (conventional oil). Technological advancements could conceivably increase the EROI of some unconventional sources, but they mainly seem to make new lower EROI sources available.