Discussion about this post

User's avatar
Poetry and the Path to Healing's avatar

I'm so very sorry for your loss Vicki. Our loss actually. He was a gift to this troubled but still beautiful world.

Fred Kittelmann's avatar

Sorry to hear this.

I do wonder about Heinberg's message from time to time. It seems like he was wrong about a key matter. But if I'm mistaken, please enlighten me...

The oil-dependent economy is indeed headed for collapse. But on what sort of time-scale? Fracking has not made oil no longer finite. But as far as I can tell fracking has postponed collapse by a good margin; enough that I expect collapse will be triggered by some other unsustainability. The critique Heinberg made of fracking was that it yielded a negative return on energy investment, i.e. the energy in the gas and oil produced, was less than what was required to extract it. It should've accelerated collapse. But all I see is the boon. We had the great recession, but since then we've seen America become a net oil/energy producer! This after supposedly peaking in oil production circa 1973. I'm waiting for the other shoe to drop, but at this point I don't think it will. If you know something I don't, I'd love to hear it. Thanks.

8 more comments...

No posts

Ready for more?