by MonteQuest » Wed 28 Mar 2007, 11:14:25
A couple of quotes from your link:
$this->bbcode_second_pass_quote('', 'P')eak oil is when production stops rising, starts slowly decreasing, and prices start rising up and up until alternative fuels enter the market.
Now, that is a new definition I haven't heard. I know of no basket of alternatives that will replace oil in the manner and scale in which we use it. Biofuels and synthetic fuels have the ability to only replace a small percentage of our liquid fuel use for many reasons, beginning with scalability, EROEI, and ending with price.
Not to mention, the 3 billion newcomers by 2050.
$this->bbcode_second_pass_quote('', 'C')ompared to basic needs, there is such a "surplus" in the current energy supply that cutbacks by a number of percent would be survivable. People cut unnecessary energy use if forced to do so by enormous price rises or by rationing of electricity and gasoline, by turning off air conditioning, by carpooling, and by many other measures possible when one considers how much energy usage today isn't strictly required.
Probably more people are employed by unrequired energy than by required.
problem, not just a US problem.