by Pops » Tue 21 Dec 2021, 16:35:34
Resurrecting this dude after 10 years lost in the wilderness. I'm seeing the signs everywhere.
The energy trap in a nutshell happens at the point oil production begins decline, prompting a massive effort to transition to renewables. The "trap" is that transitioning itself is a hugely energy-intensive endeavor that will create massive short-term fossil energy demand even as it tries to eliminate it long term. So not only will fossil energy be in shorter supply because of decline, but transitioning will reduce available supply even more——the price of fossils will rise even higher than it would have and spineless (bought) politicians will take the opportunity to demagogue the crisis and fight transition tooth and nail in the name of "cheap gasoline."
At this point, peak has not, to a certainty, occurred. In fact I think likely not. Hard to know this soon after the last peak in 2018, what with pandemic shutdowns, massive money giveaways, amazing unemployment numbers then a retail binge to beat them all, etc, etc. But we do have a shortfall causing high price which is a good stand-in for PO in the short run.
GW is not PO, but it is likewise a suitable stand-in. Even more importantly, the GW threat provides the best mitigation for peak oil we will ever get. Most efforts to reduce "CO2" likewise mitigate PO. The psych difference of course is that PO implies a natural limit, an impingement on our techno-liberty godhead—just ask any corny here and they will tell you that "they" will think of something.
GW soldiers on the other hand, relish their god-likeness, their magnanimity, their concern for and stewardship of nature. Speaking of god, If I were a believer I would think god sent GW to us because we're too stupid to do anything about peak otherwise.
So, whatever, I'll take all the self-aggrandizing anti-carbon, green gobbledygook the environmentalists spout into facebook because otherwise there will be zero effort to transition and we'd be sitting on our half-built windmills wondering where the truck is.
Biden is trying hard to push through a big spending package that includes lots of stuff to combat GW. But at the same time he knows high gas prices will end his presidency so he is leasing faster than trump, releasing the SPR, begging KSA, etc. He knows that his GW agenda depends on the appearance of energy plenty, not energy want, just ask Jimmy C. we don't do conservation. Whether Biden is a peaker or just a poser, being a GW warrior is the best we will ever get.
But here is something that Murphy, insightful that he is, didn't think of: because of GW there is a faction of Ds who think we should DEFUND oil first, even before we start serious work on transition. They have had some success in convincing institutional investors to cut off funding to oil and corps to brag on their carbon "neutrality."
I hate to say I'm smarter than other people but it is very shortsighted to think defunding oil will do anything but make transition even more expensive than it otherwise will be—even without PO. I put them in the same pile as the right-wingers who think god gave them diesels so the could roll coal on Priuses (Priusi) or beat on Joe Biden. Shortsighted, blinded by ideology and FOX propaganda.
Both extremes are lining up against transition, springing the trap that can kill it in the cradle
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The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)