by shortonoil » Tue 22 Jul 2008, 14:50:57
burtonridr said:
$this->bbcode_second_pass_quote('', 'T')his transition is assuming we have a means of keeping the current infrastructure intact.
By that I mean, trucks to transport people to service power lines, transformers, etc. Wire to repair lines that break during wind storms, new poles to replace ones that break, new parts and pieces to replace old worn out ones within the generators, etc...
Undoubtedly, some out laying areas will experience black outs or total disconnection from the grid. It is doubtful, however, that the entire grid will disappear in the next 17 years. Centralized schools, much of the medical infrastructure, the majority of the trucking industry, all the airlines, most of the banking system and a large percentage of high energy intensive industries will close over that period.
Unemployment will hit 50% or more. The entire civilization will not collapse, just many of its institutions will shrink to almost nothing or become artifacts of the past. We will not lose our entire energy supply, just 35% of our most useful energy supply. Many companies, institutions and locals will be put on the PO extinction list.
Let it be noted, if the federal government does not take this seriously in the very near future, they will also be on that list.