Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

FT explains peak ag and peak oil

Discussions about the economic and financial ramifications of PEAK OIL

FT explains peak ag and peak oil

Unread postby wisconsin_cur » Fri 07 Mar 2008, 03:17:09

$this->bbcode_second_pass_quote('', 'T')he broad story is of depletion. Most of the easily obtainable resource deposits have already been exploited and most usable agricultural land is already in production. Natural resource discoveries, where they continue to occur, tend to be of a lower quality and are more costly to extract. Meanwhile, the dwindling supply of unutilised land faces competing demands from biodiversity, biofuels and food production.




FT
http://www.thenewfederalistpapers.com
User avatar
wisconsin_cur
Light Sweet Crude
Light Sweet Crude
 
Posts: 4576
Joined: Thu 10 May 2007, 03:00:00
Location: 45 degrees North. 883 feet above sealevel.

Re: FT explains peak ag and peak oil

Unread postby dohboi » Fri 07 Mar 2008, 18:05:33

A few tens of trillions of dollars here, a few tens of trillions of dollars there, pretty soon you're talkin' about real money! :roll:


Grim as this report sounds, they seem to think a mere application of (boat loads of) money will solve something as absolute as resource depletion. That's economists for you. :roll: :roll:
User avatar
dohboi
Harmless Drudge
Harmless Drudge
 
Posts: 19990
Joined: Mon 05 Dec 2005, 04:00:00

Re: FT explains peak ag and peak oil

Unread postby MrBill » Tue 11 Mar 2008, 12:38:41

$this->bbcode_second_pass_quote('dohboi', 'A') few tens of trillions of dollars here, a few tens of trillions of dollars there, pretty soon you're talkin' about real money! :roll:


Grim as this report sounds, they seem to think a mere application of (boat loads of) money will solve something as absolute as resource depletion. That's economists for you. :roll: :roll:


well, duh, low ag commodity prices that have been falling in real terms for generations means an under investment in ag production and infrastructure, so eventually demand overtakes supply. $12 wheat is equal to $1.69 per bushel in 1958! dumb economists? ;-))
The organized state is a wonderful invention whereby everyone can live at someone else's expense.
User avatar
MrBill
Expert
Expert
 
Posts: 5630
Joined: Thu 15 Sep 2005, 03:00:00
Location: Eurasia


Return to Economics & Finance

Who is online

Users browsing this forum: No registered users and 0 guests

cron