Scientists warned about climate change in 1965. Nothing was done

Re:Scientists warned about climate change in 1965. Nothing w... by FrustratedMonky on Tuesday May 30, 2023 @02:47PM (#36128879)

I don't think that is what 'Peak Oil' concept was about. It acknowledged, or did not dispute, that with scarcity, prices rise, and supply/demand will cause something to happen. What 'Peak Oil' was speculating about, was that the change in supply would change rapidly enough, that the rate of change would be faster than the normal supply/demand humans are used to, and hence cause massive economic and societal disturbance. Not really too different than recent chip shortages, sure, with more demand, people will build new factories, but those factories take huge capital and time, so the rate of change of the demand is more than can be adapted to without 'discomfort'.

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Re:Scientists warned about climate change in 1965. Nothing w... by s1artibartfast on Tuesday May 30, 2023 @02:54PM (#36128986)

I think the difference is that proponents of peak oil relied on motivated thinking and largely ignored known information. Their assumptions were widely criticized as inaccurate at the time and doubled down.

This is because they were looking to support a policy position to stop oil usage and trying to build a scientific case, opposed to the other way around.

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Re:Scientists warned about climate change in 1965. Nothing w... by FrustratedMonky on Tuesday May 30, 2023 @02:50PM (#36128915)

Should also have added, that we are fracking at all, is an indicator that we are heading towards a shortage. Oil Sands/Fracking all take energy to produce energy, and have only recently become economical, because we are running out make these poor second rate inputs become valuable.

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