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August 19th, 2017 Total archive posts: 984
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Is No Oil Really That Bad? Well, Probably

I've gotten a few comments on the dire nature of Knustler's article from Rolling Stone. Here's a great site that's following the reaction to the article and quite a few interesting counterpoints to the overall thesis. I think it's very telling how much uncertainty there is about this subject, and how difficult it is to truly predict what's going to happen. But one thing is for sure: we've squandered the opportunity to do something about it over the past few decades. As several politicians have pointed out, the transition to a post-oil economy must be itself financed with oil to make it possible. If we've truly hit the peak, that transition is only getting more expensive and painful by the second...

by Christopher Heiser on April 22 01:29
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