You're not seriously telling me that the price of oil has risen in recent years.
Brent crude oil, yes. That's not the same as "the oil price", really. It's just one of the types of oil out there.
That graph looks accurate, though:
http://en.wikipedia.org/wiki/Brent_Crude has:
Gentlemen, is this really the proper venue?
I did warn you guys, right ..?
There are plenty of independent news sources - even if some are owned by rich businessmen with close links to whoever is in charge, there will always be other rich businessmen with rival interests. I don't really subscribe to the view that we are all being spoon fed what our leaders want us to know. Mainly as it contradicts your second point: people are generally incompetent. If the people in charge really don't want some information to get out, chances are they will be powerless to actually stop it getting out.
Oh, it gets out ... in fact, we've been told. Over, and over again. "Save the whales", "Save the planet", "Oil is running out", etc etc. You've all heard variations on it, haven't you?
The club of rome wasn't the first, nor was it the last group to make predictions of this nature. Especially in scientific circles.
But let's face it: 99% of the people do not *want* to hear this news. It's human nature to ignore, revile, despise, and otherwise just try to forget about bad news. Especially news this dire.
Your reaction is a case in point: "crackpots". Really? Is that the best you can come up with? Why are these people any less sane than you? On what basis do you conclude that?
These articles talk facts, and bring evidence to the table. There is no lunacy involved here. Really.
The idea that infinite growth is unsustainable assumes that technology has a fixed limit - which I agree it probably does. I think both the laws of thermodynamics and general relativity state there will be fixed limits on what is physically possible. But I don't think we are anywhere near that limit. We barely understand what these limits are and physicists are constantly adjusting them. I very much doubt we will reach out technological limits within my lifetime.
All technology is constrained by physics. And technological limits .. yeah, we've already reached some of them. Look at the engine in your car - what principles does it use that were not well known and available in the 60's and 70's? Yeah, we added a ton of electronics, and it's all been polished very well, but the basics of it hasn't changed a bit in 40-50 years.
As for the latest economic crisis, it's an odd one. Clearly money printing sounds bad and it hasn't worked great in the past in places like Weimar Germany, but it does seem to have helped. The only risk is inflation but hopefully that can be kept under control. As long as governments actually learn from their past mistakes of spending massively without any thoughts of how to pay the money back (not that I can see that happening - once again: people are incompetent) I don't see any massive problem.
Yeah, it seems to have helped ..
if you don't look too deeply at the state of the US economy, that is.
1) I subscribe to the view that when the EROI of certain fuels rises too high, another one will be developed/discovered to take it's place. I don't think it's a coincidence we have seen a shale gas boom just as oil was seemingly heading for unaffordable levels. As you pointed out the EROI of solar power has improved massively in recent years and there's no reason it can't be improved further. I don't think we are going to hit a wall where energy suddenly becomes unaffordable.
I don't think I've said the EROI of solar has "improved massively". I certainly don't subscribe to that view. Energy cost translate directly into financial cost. By the very nature of markets, we will always try to use the cheapest technology first. So any technology that replaces current technology will always be more expensive, in terms of money as well as EROI. Therefore, EROI will, in general, always go down as resources deplete. Not up.
That being said, I hope you're right, but any such technology needs to become available -right now-. And inventing, planning, and building any type of plant takes time. Possibly decades.
There are some promising technologies out there, so not all hope is lost, but we are far closer to a potential catastrophe than most people realize. Including you.
2) Are renewable sources really more pollution than burning fossil fuels? I know people have painted them as a planet saving wonder that we all need to embrace when they actually aren't, but I'd be surprised if producing wind farms and solar panels produced more CO2 than drilling for and then burning oil.
Producing them takes fossil fuels and various materials, not to mention land. Solar panels especially. I'm not up to speed on the details but when you hear certain prominent environmentalists recommend we switch to nuclear because of the mounting environmental costs of solar and wind power then I just have to stop and scratch my head a bit.
That being said - the main argument is simply that we do not have enough of these resources to make up for the coming fossil fuel shortfall. Not by a long shot.
As for materials, we can pretty much synthesise anything in a laboratory. Obviously it's not energy efficient to start producing coal, but if we get to a point where we are in desperate need of it to make steel (although there is actually still massive amounts of coal left un-mined) it can be created. Market forces will take charge though. If we are that desperate for steel it will be worth the huge costs to make, but it also creates an incentive to find alternatives, which someone will do eventually.
.. assuming we make it to that point alive and with our high-tech economy intact, yes. IF the energy costs of such a technology don't push the EROI too low ..
You are right that current infrastructure is geared towards using fossil fuels, but that's just because we have been using them for so long. Once they become more expensive and alternatives cheaper that infrastructure will be developed to accommodate new sources of energy. We can't say for certain whether the future of personal transport will be electric cars, hydrogen furl cars or those tubes that fly people around like in futurama, but something will pop up - it always does.
That's speculation based on historic performance. Something any investor can tell you is a bad idea.
Not that these people are particularly wise, mind ;-)
But the more serious criticism is that as far as physics are concerned, there isn't much left to discover that doesn't require kilometers of particle accelorator to figure out. I wouldn't count on any magical last-second saviour technology from that corner at all.
3) Once again, I'm going to turn to technology. GM crops will soon allow us to feed far more people than we currently do, using less actual land and perhaps without the use of pesticides and fertilisers. They are still relatively new though, so it's hard to say if they actually make the huge difference I'm hopeful they can. If not, then yes there will be issues. There will be more conflicts, more starving people and more poverty. I don't see it creating some kind of economic apocalypse though.
I'm happy that you remain so blisfully unware. I lived my life like you until a few months ago. Then I came across the below talk, and my life hasn't been the same ever since.
(warning: extremely boring - the really juicy stuff comes at the last slide..)
[video=youtube;C_eFjLZqXt8]http://www.youtube.com/watch?v=C_eFjLZqXt8[/video]
I'm not trying to dismiss you or anything by the way, but as someone who has studied both economics and geography at university, I just always find these discussions interesting.
I'm happy I am given the chance to discuss it. Or at least, tell the story. I've done a terrible amount of research on it the last few months, trying to find a loophole - some gap, any kind of error that makes it feasible we can get out of this mess somehow.
So far, I haven't succeeded.