I agree with you on all the things you said but one. I admitt that we may have reached Peak Oil, but I don't think it's a desaster.
We could still generate all our energy needs with renewable (I hate this misnomer) energy.
The reason we don't do it is that it is too expensive.
This will change as soon as oil becomes more expensive. Energy prices might rise for a certain time, in the transition period, but then they will come down again, because sustainable energy will be cheaper in the long run.
Capitalism just wants to exploit the current system as long as possible, until it is forced to expand by investing in sustainable energy.

"The first thing Fascists usually try to do is silencing the opposition."

by opposition on 09/18/2009 12:48:51 PM EST

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Ah, yes, 'the transition period'. It doesn't sound too bad if you say it quickly.

To put it bluntly, 'the transition period' will probably result in your early death.

Nonsense? Then just forget about it. I don't plan on arguing the case here.

I provided two refs earlier that anyone with any interest in their or their children's future would be well-advised to check out. Here are two more.

First, an academic's interesting and quite comrehensive overview of what the world faces and why:

http://www.drmillslmu.com/p eakoil.htm

If that looks a little daunting, try listening to a recent recording of a talk given by Hyman Rickover in 1957. It illustrates what I mentioned about warnings from experts. Apparently something of a genius, Rickover is known as the father of the US nuclear submarine. He also had an incredibly clear-eyed view of the future of energy.

Here is where you can find the downloadable file (it's the first, larger one):

http://www.energybulletin.n et/audio/by/title/rickovere nergy

Giving too much attention to energy prices and the evils of capitalism will obscure the more, the much more significant reality that's hiding, as they say, in plain view.

by Landbeyond on 09/19/2009 06:19:47 AM EST

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