Peak Oil: A Global Economy in Crisis

The end of our oil-based economy will be the single most critical event in the long history of human civilization, and each of us will live to see it and be responsible for dealing with it. Human development has been propelled by revolutions in technology powered by revolutions in energy acquisition: the agricultural (solar energy) revolution of a few millennia ago, the industrial (coal/oil) revolution of a few centuries ago, and the recent electrical revolution. The lack of oil will send us reeling back to a pre-industrial economy.

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