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-2.9

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Peak Oil production - how will it affect civilisation?

Started by Aoterra 2 years ago 1 Comment

Nearlly all observers and industry specialists appear to recognize that peaking of oil production is a reality, and that the peak will have potentially severe downstream effects. These effects range from "doomsday" scenarios which collapse global trade, to generative scenarios where a new fuel type is invented or discovered, and we all live in clean green world.
There is no general agreement about timeframe for the Peak - estimates range from "already happened" to "40 years in the future". The balance of probabilities, and the bell-shaped curve (of doom) suggest that the likely reality is anywhere from 15-25 years. What do you think will happen - is humanity smart enough to learn from previous mistakes? Is there sufficient will at national government level to move away from the petrochemical dollar? What will it take? Is it even possible?

Tags: environment, topical

1.	We will work it out Sure, there's an oil "crisis" going on, but we have decades to figure it out. Yes, we need to reduce oil addiction faster and inve... [show more] Sure, there's an oil "crisis" going on, but we have decades to figure it out. Yes, we need to reduce oil addiction faster and invest more in researching renewable technogies like solar and wind and whatever else, but we'll do it when it must be done. [show less] Add a comment	Vote! 19 votes 377 pts
2.	Other fuels are ready, and will become commercially viable There are known alternatives to crude oil, they just happen to be more expensive (at the moment). As crude oil becomes more scarce... [show more] There are known alternatives to crude oil, they just happen to be more expensive (at the moment). As crude oil becomes more scarce and expensive, we'll likely begin extracting oil shale (http://en.wikipedia.org/wiki/Oil_shale), which has reserves rivalling the world's supply of crude oil. After that, who knows. There is no shortage of capitalistic opportunists who see great potential in these shifts, and that includes the oil companies. Btw, crude oil won't be the first oil to be milked dry. Whale oil experienced a full rise/decline cycle in the 19th century, when "rock oil" came to the rescue. Much of this was regurgitated from faint memories of a college Geography class I took a few years ago. Hope I didn't butcher anything too badly. [show less] Add a comment	Vote! 18 votes 354 pts
3.	We are in deep trouble The all-powerful corporations will squeeze every last penny out of us for profits, just before real disaster strikes -- economic c... [show more] The all-powerful corporations will squeeze every last penny out of us for profits, just before real disaster strikes -- economic collapse followed by probably-violent revolutions in most industralized nations. [show less] Add a comment	Vote! 14 votes 277 pts
4.	Once the price of crude oil gets TOO high, change will come. Since Bush is forcing thie 'war on terror' to protect 'our stake in the oil industry' crude oil prices have risen too high. Once ... [show more] Since Bush is forcing thie 'war on terror' to protect 'our stake in the oil industry' crude oil prices have risen too high. Once he is out of power and teh american governemt pulls out we will see a decrease in prices. However, by that time I am sure we will see more and more alternative sources comming available. Many industries around the world are already looking for alternatives. releasing some strain on the market. [show less] Add a comment	Vote! 10 votes 196 pts
5.	World WAR Americans have been quoted as saying " Northern Canada has enough oil to run our cars for a million years". WRONG!! AMERICA did yo... [show more] Americans have been quoted as saying " Northern Canada has enough oil to run our cars for a million years". WRONG!! AMERICA did you ever stop to think maybe CANADA WANTS TO FUEL OUR OWN CARS! You can see now the undertones of war in their comments! [show less] Add a comment	Vote! 8 votes 152 pts
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-3.6

phlydwg 3 months ago

http://grupthink.com/grup/78

Topic Details

This topic was started by Aoterra on May 2nd, 2006. 50 grupies have voted on one or more of the 5 answers.

Tags: environment, topical

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Peak Oil production - how will it affect civilisation?

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We will work it out

Other fuels are ready, and will become commercially viable

We are in deep trouble

Once the price of crude oil gets TOO high, change will come.

World WAR

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Topic Details