by Outcast_Searcher » Wed 25 Mar 2020, 04:44:44
$this->bbcode_second_pass_quote('Sys1', 'I')'m a doomer but I bet BAU will be back before summer.
The collapse will come from lack of oil, not lack of will.
So... not yet. Collapse will come around 2030, when oil production reach Seneca cliff.
Well IF it happens that soon (and there have been a LOT of bad calls trying to predict that event):
Not too long after 2030, you have a hell of a lot of electric cars. People will be able to switch in large numbers, to both efficient HEV's and PHEV's, as well as to BEV's, both used and new. And electric cars will be more efficient, and cheaper, and have better ranges, and the charging infrastructure will be better.
Once gas prices get really inconvenient for a couple/few years, people will get MUCH more interested in switching to electric -- and it will be FAR easier to do do than it has been up to now.
In the early 2030's, it still rocks the economy for awhile, but being rocked isn't collapse, any more than being rocked 3 times in the 70's by oil surges/OPEC meant collapse. It's a big recession. People won't like it. Big picture, BAU will persist.
The word, collapse is WAY over-used around here, evidence by the many, many incorrect forecasts for it.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.