Re:My take on the study from MIT that predicts “societal col...
by XorNot on Thursday July 15, 2021 @11:02PM
(#27852645)
> The 'Peak Oil' hypothesis was that all the wells would run dry without good alternatives
This was literally never it. Peak Oil never had anything to say about the pumping capacity of oil, it was about the expansion of supply relative to demand.
That "preppers" decided this meant immediate societal collapse is there and your problem with comprehension.
Re:My take on the study from MIT that predicts “societal col...
by wussboy on Thursday July 15, 2021 @09:06PM
(#27852018)
I hear you, and I regret that the Environmental movement feels the need to ratchet everything up to a catastrophe. But surely if “peak” means anything it means that we used to grow, now we contract, and therefore peak oil has already occurred.
The 'Peak Oil' hypothesis was that all the wells would run dry without good alternatives and society would be trapped between a rock and a hard place because of that. Again, not necessarily for better, humans figured out more technologically advanced ways to extract oil to avoid this outcome (fracking and tar sands).