by Doly » Tue 08 Aug 2006, 09:13:25
$this->bbcode_second_pass_quote('MonteQuest', 'A')nd if we gain some supply due to conservation or efficiency gains we will suck it up as well, especially if the price is lower..relative to what it would have been without conservation or efficiency gains.
The difference, Monte, is not on the level of consumption, then.
The difference is on how many people can afford to enjoy the resource and how much benefit they can extract from it. With efficiency, more people can afford the resource, and extract from it more benefit.
So, conservation does achieve something, doesn't it?
$this->bbcode_second_pass_quote('Montequest', '
')Which brings us back to the whole point: conservation and efficiency are not a peak oil solution by any measure. Only a very short-term stopgap.
Thus, post-peak, if oil declines faster than efficiency gains, then Jevon's becomes irelevant...and only then.
And if conservation and efficiency gains cannot offset peakoil losses, then the whole debate becomes moot.
No, Monte, the debate is not moot. You say conservation doesn't solve peak oil. I say conservation is the difference between a hard crash and a soft landing. And for me, that can be considered as solving a lot of the peak oil issue.