[Tikib]

Well okay that's fair. There is peak-oil as in the technical term for the peak in global oil production and 'peak oil' as in the predicted result of technical peak oil resulting in the gradual or possibly fast collapse of civilization.

[Plantagenet]

$this->bbcode_second_pass_quote('Tikib', 'W')ell okay that's fair. There is peak-oil as in the technical term for the peak in global oil production and 'peak oil' as in the predicted result of technical peak oil resulting in the gradual or possibly fast collapse of civilization.

[Tikib]

I REALLY hate having arguments over semantics but I have here and in 'real-life'(tm) have heard people using the phrase peak-oil to describe energy based collapse. /end

Cheers!

[Plantagenet]

$this->bbcode_second_pass_quote('Tikib', 'I') have here and in 'real-life'(tm) have heard people using the phrase peak-oil to describe energy based collapse.

[Tikib]

Well yea your right about the conventional oil but that's a well known fact.

US fracking of course can't last forever and will likely begin to shrink sometime in the 2020's at which point total oil production will peak.

But after that we won't see a sharp decline but a small decline followed by a plateau for another 5-10 years as the offshore and super fields take the burden once again.

After say 2030 there could be a sharper drop in production but I think by then electric vehicles and renewables will be capable of taking a significant amount of demand away from oil.

And if there not ready by the time oil production decreases significantly pressurized natural gas can be used to fill in the gap in transportation fuels until we can electrify the whole system.

So I am not that worried about peak oil as a threat to the global economy.

[ralfy]

Renewables, etc. require fossil fuels for mining, manufacturing, and transport. The same goes for the infrastructure needed to distribute energy, consumer goods that will use them, etc.

Oil is part of various resources, including minerals, needed for BAU. To ensure BAU, we will need at least one more earth.

[Tikib]

Why do you need oil for those things?

Theres no reason you can't electrify the mining operation etc.

Business isn't going to be as usual but it never has been. The economy has been changing and adapting since the dawn of time.

Your right that endless growth can't go on forever, but I don't see a dramatic crash in the next 100 years unless we ignore climate change or we kill ourselves off.

Why I am so confident about this, because of the progress we have made on solar energy. Solar energy is abundant and will soon be extremely cheap to deploy.

https://singularityhub.com/2019/08/09/t ... n-its-way/

[Plantagenet]

$this->bbcode_second_pass_quote('Tikib', ' ')I don't see a dramatic crash in the next 100 years unless we ignore climate change....

[asg70]

I see Plant is trying to derail the thread on semantics. Seems like he can never do anything but talk down to other posters.

I agree with the OP up to the fusion aspect.

I think that it's not so much that peak oil is a non-threat but that it is a mild one insofar as the prescriptive measures like shifting to electric transit documented in the Hirsch report are going to start happening on their own over the next decade.

The greater issue of limits to growth is definitely still in play via global warming and biosphere collapse, but this is playing out over a longer time-horizon than peak oil. The whole zeitgeist of the peak oil movement predicted that we'd be pretty far into Mad Max territory by now.

[Pops]

PO and CC are not mutually exclusive.
GHGs are persistent, lifetimes in the atmosphere spanning decades at least and no reduction in sight.
Sunk costs in FF consumption are as overwhelming as ever. Retrofitting in a growing economy even with the cheaper RE will likewise take decades —and that's in a growing economy with governments that "believe" in CC.
If the economy sputters, nationalism impacts trade or worse, CC bites, PO bites, and/or population growth stagnates, killing econ growth, the easy decisions of simply building new capacity with cheaper RE becomes the hard choice of decommissioning perfectly good FF generation to cut GHG emissions. Double that if PO raises the overhead cost.

Non-hydro RE is still tiny. This is primary energy (million tonnes oil equivalent), consumption of which increased 2.5% last year:



Obviously the threat of PO is as real as ever because energy demand continues to rise. Running out was never the threat, constrained supply = high price = difficult mitigation is the threat, same as it ever was. And of course "constrained supply" doesn't need an actual physical peak, just higher demand/supply.

Latest from Matt @ CrudeOilPeak.info. Increases have been keeping up and exceeding declines but only by increments.



So not out of the woods yet as a society. On the bright side, personal energy prep is far, far easier than 20 years ago, that's a huge relief. In fact 20 years ago there wasn't a lot to be done without a large budget or drastic measures, or just ignoring it.

.

[Ibon]

$this->bbcode_second_pass_quote('Pops', '
')If the economy sputters, nationalism impacts trade or worse, CC bites, PO bites, and/or population growth stagnates, killing econ growth, the easy decisions of simply building new capacity with cheaper RE becomes the hard choice of decommissioning perfectly good FF generation to cut GHG emissions. Double that if PO raises the overhead cost.

[ralfy]

$this->bbcode_second_pass_quote('Tikib', 'W')hy do you need oil for those things?

Theres no reason you can't electrify the mining operation etc.

Business isn't going to be as usual but it never has been. The economy has been changing and adapting since the dawn of time.

Your right that endless growth can't go on forever, but I don't see a dramatic crash in the next 100 years unless we ignore climate change or we kill ourselves off.

Why I am so confident about this, because of the progress we have made on solar energy. Solar energy is abundant and will soon be extremely cheap to deploy.

https://singularityhub.com/2019/08/09/t ... n-its-way/

[ralfy]

$this->bbcode_second_pass_quote('Ibon', '
')
Yes that is increasingly likely and along with that we will see a sharp decrease in CO2 emissions because the demand destruction will be awesome. Consumption will drop and folks will
reuse, recycle, repair, reduce and recover..... just like they do in Panama.

[Tikib]

$this->bbcode_second_pass_quote('ralfy', '')$this->bbcode_second_pass_quote('Tikib', 'W')hy do you need oil for those things?

Theres no reason you can't electrify the mining operation etc.

Business isn't going to be as usual but it never has been. The economy has been changing and adapting since the dawn of time.

Your right that endless growth can't go on forever, but I don't see a dramatic crash in the next 100 years unless we ignore climate change or we kill ourselves off.

Why I am so confident about this, because of the progress we have made on solar energy. Solar energy is abundant and will soon be extremely cheap to deploy.

https://singularityhub.com/2019/08/09/t ... n-its-way/

[ralfy]

$this->bbcode_second_pass_quote('Tikib', '
')Once the price of solar goes to say half the price of conventional sources (read coal and gas) then capitalism is exactly what you need to transition from one to the other.

Solar energy has improved a lot since Halls study, solar cells are cheaper and more efficient than ever before, but there are still a lot of gains potentially to come (the most exciting one just over the horizon are of course silicon-pevovskite tandem cells with over 25% efficiency)


My title should really be something like : peak oil is a an overrated threat compared to climate change.

[Darian S]

$this->bbcode_second_pass_quote('Tikib', '')$this->bbcode_second_pass_quote('ralfy', '')$this->bbcode_second_pass_quote('Tikib', 'W')hy do you need oil for those things?

Theres no reason you can't electrify the mining operation etc.

Business isn't going to be as usual but it never has been. The economy has been changing and adapting since the dawn of time.

Your right that endless growth can't go on forever, but I don't see a dramatic crash in the next 100 years unless we ignore climate change or we kill ourselves off.

Why I am so confident about this, because of the progress we have made on solar energy. Solar energy is abundant and will soon be extremely cheap to deploy.

https://singularityhub.com/2019/08/09/t ... n-its-way/

[Sinclarsorus]

My dad was born in 1917 and as a kid in the 1920's that's all he heard was how the world would run out of oil someday. Since that time we seem to find more and more oil somehow and consume more and more.

How I look at it either Peak Oil may be right but they have the peak year wrong of 1970, or its a device to keep oil prices high through fear of scarcity or limited production maybe etc. Like supposedly diamonds are stored in warehouses to limit supply and keep jeweler shops in business with high prices. So the same scam could be used in oil production as well.

The United States now has almost as much oil production as Saudi Arabia through Shale, Sand and Fracking etc. I have seen reports that old oil fields were reopened after decades of running dry full of new oil. (Ok how did the well magically refill? Could Abiotic Oil theory be right or some other similar process be happening deep down the crust of the earth?

All the explanations are entertaining we read, many theories contradict one another, they can't be both right, but could be a combination of the two, like we are using up oil faster than its made underground etc. That could be a reality, but how could you even measure that process, What figures will you believe.

Example: I have seen figures of world debt at 72 trillion to 700 trillion, which figure do you believe, its the same with oil production numbers and use as well.

[rockdoc123]

$this->bbcode_second_pass_quote('', 'T')he United States now has almost as much oil production as Saudi Arabia through Shale, Sand and Fracking etc. I have seen reports that old oil fields were reopened after decades of running dry full of new oil. (Ok how did the well magically refill? Could Abiotic Oil theory be right or some other similar process be happening deep down the crust of the earth?

[Carnot]

As rocdoc says please go to the thread on the Abiotic oil theory (nonsense)

If you wish to learn about how petroleum is formed then this is a good reference.
https://booksite.elsevier.com/978012088 ... 530web.pdf

For those who believe in an electric future then I would ask you this. How are the materials for the transition to an electric future to be produced. Currently about 1 barrel of oil in 10 is used for petrochemicals and this is likely to increase. All those electric cables will need a conductor and an insulating jacket. The construction of wind turbine blades will require composite materials, as will the solar panels. Then there is the minor problem of powering sea going vessels which will be a necessity for those overpopulated areas of the world where raw materials and foodstuffs will have to be imported.

Peak is a non threat. Not at the moment it might just not be. But as the population speeds past 9 billion (currently 7.7 billion) I am not so sure.

Population is the biggest threat to our world and no-one wants to start the discussion.

[StarvingLion]

Carnot is finally back from flying around the world visiting Buffet Tables and all he has to say is that the debt holders are the problem?

Holy shit, how does this dude think the rich people are getting rich?

Placing Worthless Debt Yokes around the necks of Shitheads, duh...but according to Carnot they are finding giant oil fields every year.

The Lawyer, Banking, etc SCUM need the population to increase exponentially.

Its called The Progress Hoax