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Originally Posted by Cube Inmate
I read much of that website with morning coffee...interesting, but one-sided.
I don't have any expertise, but I'll reserve my panic for a later date. The author of that site predicts an absolute doomsday scenario without attempting to balance the arguments. He lists the arguments of the other side, but only in an attempt to discredit them.
On the other hand, I think Cowperson's nonchalant attitude is a little careless. Man can adapt to disruptive changes, but I'm not aware of any change as negatively disruptive as the sudden realization that our primary energy source is in short supply.
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If its sudden . . . . . which it isn't.
The economic adjustment is already occurring . . . . . the altering of behaviour among consumers at certain price thresholds, the growing comparative attraction of alternative sources of energy, a country like China looking to bring its electrical grid more towards nuclear energy . . . . . . and the profit motive already encouraging innovation.
Peak oil will be a disaster for those who don't view it as an opportunity.
The USA economy is far more fuel-effcient than it was during the oil crisis of 1972-1980 . . . . . the high relative cost of energy at the time, as well as stifling government regulations that discouraged new supplies, in fact encouraged efficiencies and innovation . . . . . and the people who provided those innovations and efficiencies made money.
I remember a little car called a Honda Civic in the mid-1970's getting a lot of laughs . . . . . then it killed Detroit with its original slogan of "It Will Get You Where You're Going," clearly an apology for its appearance and a play on the economics of driving.
Don't worry. Be happy.
Cowperson