Comment 68412

By Mahesh_P_Butani (registered) - website | Posted August 24, 2011 at 13:45:26

Ryan: "You have to be careful not to conflate two separate issues: (1) predicting the geological peak in oil production, and (2) predicting the myriad effects on the global and local economies. The former is pretty clear and even linear, whereas the latter is a problem of organized complexity."

Undustrial: "Peak oil" describes a fairly abstract concept" ...a global peak might never be totally definable down to the day. That day isn't what's important though, it's the falling EROI (Energy Return on Investment) which we need to consider."

Geological predictions made in that cross over space between ideologies and scientific facts (1) - form the basis for predictions of the myriad effects on the global and local economies (2).

It is not about conflation here - it is about connecting the dots to see thru the haze, and realizing that science is in service of politics, and politics has always been fear-based.

Yes, "Peak oil" is a fairly abstract concept indeed!!

While we are busy focused on one kind of EROI (Energy Return on Investment) (A, B C ); here is a very different view on the types of EROI's (1, 2, 3 ) that are at play in a parallel world.

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