Peak Oil. Real, Immediate and Very Real Threat to Civilisaiton
May be I should apologise for the doom laden title. 'End of the World' Headlines are nothing if not attention grabbing.
Thing is I scared myself half to death last night doing some more reading up on peak oil. If your not familiar with the arguments you really need to be - this article gives is a pretty clear outline
http://www.oildecline.com/index.htm -. If other people have got links to other good clear level headed info please post them up.
I first started reading about this three years ago and it seemed pretty scary then - but it was still a relatively fringe concern and looking like it was 15 years off and more optimistic prognosis was that the switch to renewables was difficult but doable.
But the relentless hike in oil prices and the ever more gloomy economic forecasts all point to it being here right now - pretty close to where predicted Hubbert (I think he said 2012) it would be over 30 years ago (Hubber correctly predicted that US oil production would peak in the early 70s and he used the same model to predict global peak production) . Politicians and oil industry spokesmen are openly stating 'the era of cheap oil is over' - but they are not saying what that means.
What it means is this. Absolutely everything depends on a ever increasing supply of cheap oil - including most of the global economy and the ability of the planet to feed a population of 6 billion. Without oil we could only produce a third of the food we do now.
If we are at the limits of oil production it means that the economic growth of the past 200 years goes into steady decline, economic slump mass unemployment, mass starvation and probably inevitable wars over oil producing areas. Place like Iraq and Iran.
The worst case scenario is the collapse of industrial society within the next 20 - 30 years in the face of serious energy depletion and the growing effects of global warming - plus increasingly desperate nation states with nuclear weapons. I mean you can make it as apocalyptic as you want really - right down to all complex life forms on the planet being wiped out. IN OUR LIFETIMES.
But what about those renewables? They are not going to replace oil. They cant. The only thing that will is nuclear fusion (theoretical ‘free’ energy that has been ‘25 years away’ for the past 50 years )
One teacup of petrol can lift move a car to the top of a 1000 meter incline.
Hydro Carbons - especially crude oil - is by far the cheapest most readily available source of energy on the planet. It has created the last 200 years of economic, industrial, population and scientific growth.
Most renewables rely on cheap energy (i.e. oil) for thier own viability and even the best case estimates have renewables still only providing less than half of
present global energy needs within any sort of foreseeable future.
Just because the doom mongers have been wrong does not mean they always will be.
Some within the oil industry (and posters like bigfish) will point to various exciting new discoveries of oil. But all the really big finds were made in the 50s and 60s and whats left is the hard to get at and often unviable sources. Yes they're will be lots of effort to try and squeeze more out the ground to try and maintain the presnet unsustainable levels of consumption - but its a denial of reality to pretend that another Saudi Arabia will come on line.
The only possible response is for an unprecedented level of global co-operation to manage the effect of energy depletion. The very best case scenario is a 1930s style economic slump - but much of the worlds media and governments are in a state of denial.
So if what im writing is substantially true (and I really and sincerely hope i'm wrong ) this than we need to act now. We need to convince people of what is happening.
We need to come up with answers and a plan pretty fucking quickly.
We definitely need to cut consumption (and that essentially means an end to economic growth).
Thanks for you time. Please convince me the doomongers are wrong because i like to sleep at night and I don’t want my kids to grow up in a world that’s going down the toilet.