by Pops » Fri 18 Sep 2015, 09:31:48
$this->bbcode_second_pass_quote('Tikib', 'W')hilst this website is obsessed with the idea of peak oil, I am pretty sure we have now gone past peak demand for oil as the world moves towards alternatives.
I won't try to change your opinion but will just state that oil demand growth is at the highest level in 5 years. It fell on higher prices and is growing on lower. Consult any reporting agency if you are interested in actual numbers.
Aside from that, I am really happy with the progress of alt energy over the last decade. Prices have fallen more than I had hoped. Various marketing schemes are emerging, like the long term leases from SolarCity. Battery tech has leapt ahead too. But, alts contribution to total consumption (aside from hydro) are still in the single digits. Better than a sharp stick in the ryr but not changing the game.
I think the increase in CAFE standards is huge as it drives the technology of efficiency. IOW, no matter your commitment, if the tech for lower consumption is not available it is not an option.
Also I believe a majority of consumers have been sensitized to the idea that oil is finite. Whether they believe there is 10-100-1,000 years easy oil available, or that they will be preemptively Raptured or whacked by Hood-Goblins (to use a Cog-ism) they have thought about PO. After you see a headline that says "Saudi America" when you see another that says "Saudi America—NOT!" you will at least grasp the idea.
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)