The downsizing of the global economy has already begun. Peak conventional oil has already passed, and if we keep burning what’s left, there will be no future for mankind.
We’re on the plateau in a Red Queen situation, ie: “You have to keep running faster and faster just to stay in the same place.” The ‘discontinuity’ will begin in earnest when we move off it and start working our way down the Olduvai Slide.
GregT on Wed, 3rd Apr 2013 12:40 am
Sorry Dr. Jackson,
The downsizing of the global economy has already begun. Peak conventional oil has already passed, and if we keep burning what’s left, there will be no future for mankind.
BillT on Wed, 3rd Apr 2013 4:31 am
Absolutely correct GregT.
Arthur75 on Wed, 3rd Apr 2013 7:45 am
peak oil is here, would be more to the point
J-Gav on Wed, 3rd Apr 2013 8:43 am
We’re on the plateau in a Red Queen situation, ie: “You have to keep running faster and faster just to stay in the same place.” The ‘discontinuity’ will begin in earnest when we move off it and start working our way down the Olduvai Slide.