Predict civilization collapse with Python and World3 model

Re:Predict civilization collapse with Python and World3 model by TrispusAttucks on Sunday December 12, 2021 @10:16PM (#29536201)

You're right on. People often think peak oil means no more oil. Really it just means it's no longer energy positive investment.

[1] The EROI for fossil fuels has decreased as the availability of oil, coal, gas has reduced and the cost of production increased. Fracking for oil or gas (as has been done in Taranaki for years) is expensive and polluting. Extracting oil from the tar sands in northern Canada is a similarly destructive process. So, what was an EROI of 100:1 last century is now sometimes little more than 10:1.

[1] https://www.newsroom.co.nz/why-hydrogen-is-not-a-cure-for-em...

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Re:Predict civilization collapse with Python and World3 model by actually_a_dog on Monday December 13, 2021 @03:54AM (#29537921)

Eh. There's no practical difference between "no oil left the ground" and "it's too expensive and/or energy intensive to pump out any more oil."

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Re:Predict civilization collapse with Python and World3 model by comicjk on Monday December 13, 2021 @09:09AM (#29539680)

There is a difference if new technology can be introduced, which is what happened last time. Conventional oil production peaked in 2006.

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