Ironic how Scarecrow Akhbar needs to "prove it" but you are seemingly excluded from these rules. What economist, where, when?
Huh? Did you not see all the links I posted earlier in this thread? The economist is named Michael Lynch, google for papers. There's also a thread on Peakoil.com where he's defending his thesis.
Alarmist (annoying people) say that it will peak tomorrow, eternal optimist think that it will last indefinitely. The fact is, neither side is particularly bright, and very, very probably wrong.
1) When did I say we'd peak tomorrow? It's possible, of course--Deffeyes thinks we have peaked already. I'm betting on roughly 2012. That's not enough time for us to get our act together.
2) How do you derive probabilities for something like that? The notion that the truth
always lies between two extant extreme positions is demonstrably flawed.
ASPO says all oil will peak in 2010
That's peak for all liquids, including natural gas condensates and tar sands distillates and other such liquids that aren't normally included in the definition of "oil." Light Sweet crude, according to the ASPO model, peaked in 2004.
It is likely that we will not know about the peak until years after it happens, and as for Hubberts peak theory (that it peaked in apx. 2000), oil prices and consummation don't seem to be following his prediction well, but it is hard to tell (again, need the benefit of retrospect).
1) Continental U.S. peak snuck up on everyone because Hubbert's theories were not held in high regard. Now we're aware of the problem, and have developed some good means of anticipating it. That said, of course you're correct--we won't attain certainty that we've peaked until after we have. I'm not sure I understand how this goes to support your case, though.
2) Hubbert's initial methods did not include adjustments for political and climactic factors. Geologists have since improved on his methods. In fact, Colin Campbell (whose model you linked to, above) uses Hubbert's methods as a starting point for his own predictions.
Oil will continue to be cheap and useful for years and years after the peak anyways.
Useful, yes. Cheap, no.
Alarmists want want you to believe that it will peaked, and the world will implode and the sun will burn out, but that's not so true. This is almost as annoying as those who think that it will last forever.
My argument for why peak will be very, very bad is simple:
1) We are overwhelmingly dependent on cheap oil.
2) Even a slight contraction of a necessary resource can cause highly disproportionate price spikes.
3) Population levels prior to the use of oil as an energy resource and fuel were much lower than they are now, and much of the support system we use to sustain life worldwide depends on oil.
4) Once oil contracts enough to make oil unaffordable, population levels must decline quickly.
Now, if you've got a counter argument that doesn't rely on calling me a "prophet of doom" or something like that, I'd like to hear it.
As far as what will happen after that, we have a lot of time to decide while oil declines, even if it peaked in 2000.
To replace the fuel usage per annum in the world would require that we convert 400 times the biomass currently present on planet earth to biodiesel every year. See
www.monbiot.com for details on this and other such things. Keep in mind this guy was in favor of biofuels before doing the math.
Bio-diesel can run in an unmodified (replace some connections with rubber) diesel engine, it can use any type of vegetable oil (even used/dirty), and has better gas mileage. It does have to be processed, but with basic chemistry skills, supplies, and a free Saturday a month it is very do-able.
Doable on a small scale. Where are we going to get the inputs for 75 million cars when it comes to that?
Brazil's economy is now based on the ethanol usage in cars, and it works quite nicely.
http://www.organicconsumers.org/Politics/beyondcorn070105.cfm
1) They started in 1975.
2) In 30 years of effort, they've managed to replace 40% of their fuel usage.
3) They did so at a cost of millions of acres of what was formerly rainforrest. That is not a sustainable practice.
Energies from non-oil origins are on the rise, especially in Europe...Denmark want half (50%!) of it's energy to come from wind eventually, with similar plans by other European countries.
Sure, they want that. Will they get it? I don't know, people in hell want icewater, too. But if I hold out any hope for any region on earth not descending into anarchy, it's Northern Europe or the Pacific Northwest of North America.
Hydroelectric power now supplies 20% of the worlds energy (20%!), and on a nation basis: Canada get 70% of it's energy from hydroelectric power, Austria 67%, Iceland 83%, Norway nearly 100%.
According to the BP statistical review of world energy (go to
www.bp.com to download the pdf), it's only 6%. Canada gets 25% of their energy from Hydroelectric, Australia about 3%, Iceland about 62%, Austria about 22%. Where do you get your figures?
Geothermic, solar, and nuclear energies have amazing potential (if people can ignore the nuclear stigma).
I agree. Potential does not equal actual, though, which is what we have to deal with.
The cost of oil is irrelevant to switching over to magneto-hydrodynamic power, if anything it would stimulate it.
Huh? If we have to use oil powered machines to build magneto-hydrodynamic power infrastructure, and the cost of oil gets up to around $300.00 per barrel, how will that not affect the cost of building that infrastructure?
Ash: No, our known reserves are for the most part already tapped. ANWR is one notable exception. The rest of the reserve figures that get bandied around are P30 or P10 reserves, and by definition, they probably don't exist.
Dem: But who cares? Other energies have already started to replace it.
Yes, but not nearly at the needed rate.
The same way a nuclear sub does. The only reason we don't is because (1) oil is slightly cheaper, and (2) the word "nuclear" has a social stigma that makes it scary, so people don't use it.
I'm sure there's quite a lot of money in nuclear airplanes. Perhaps you should develop one.
Alarmists and doom sayers will always exist I suppose. Why don't you care that you've been wrong every time before?
I don't think doomsayers have been wrong every time before. That would be remarkable if it were the case.
Again, we will need the benefit of retrospect to know this. There is no way to know how much oil is in the earth, there are only estimates. There may be deep oil yet untapped that can last thousands of years (improbably but possible).
There could be a lot of things. What is, however, is a separate and distinct issue.
Apocalyptic? You were one of the people who thought the world as going to end in 2000 weren't you?
No. And I didn't buy peak oil at first, either. It took quite a while and a lot of research before I became convinced.
You are thinking of a world where everyone is too stupid to realize what's going on and it will take you to save us all. What's worse, a optimist complex or a savior complex?
I don't plan on saving anyone except myself and my friends, who will have to contribute to the process. I do try to warn as many people as possible, just because I think that's the honorable thing to do. But I can't save you, and I'm not so sure I want to try.
Ash: Yeah, try scaling that up to a couple hundred thousand cargo ships and see where it gets you, especially when you discover that cargo ships weigh rather a lot more than submarines.
Dem: Actually it works quite nicely.
So you're saying that the cargo fleet already runs on nuclear? That's news to me...
There are a multitude of possible energy sources for cars and normal transportation (bio-desel, ethanol, hydrogen, ect...).
Akhbar suggested it as a solution. I debunked it.
See my remarks on biodiesel above.
Ash: Engineering and physics appear to be the problem from my perspective.
Dem:Or rather your ignorance of them, we will inform you on them if you wish.
I wait with bated breath.
[/quote]Oil will gradually taper off, it won't one day be gone. Event he most pessimistic alarmists know this.[/quote]
Decline type III will be in the 7-8% range. We'll very quickly get to an inflection point beyond which our distribution systems will disappear. Of course, oil won't disappear altogether. But the things that depend on ever increasing supplies of oil will disappear.
Informed people don't heed alarmists or end of the world prophets, because of the sheer stupidity of their ideas.
As if social and economic collapses haven't happened before.