08 Sep '13, 9pm

#peakoil Our energy future: “They’ll think of something”: With oil prices hovering near historic highs and coa...

#peakoil Our energy future: “They’ll think of something”: With oil prices hovering near historic highs and coa...

Our energy future: “They’ll think of something” With oil prices hovering near historic highs and coal, natural gas and uranium prices yo-yoing during the last several years, concerns about the future of fossil fuel and uranium supplies often elicit the response: “They’ll think of something. They always do.” This kind of thinking is usually premised on the idea that the future will look like the past, only bigger and better. It does not even admit the possibility that we may need to reduce our energy use. We’ll come back this issue later. The pronoun “they” in the generic quote above is vague, and the speaker does not know that he or she is actually referring to two distinct technological approaches to our energy future. Each technology progresses amid a different and highly consequential backdrop. Let me cut to the chase. Advancements in technology designed to extract more...

Full article: http://peakoil.com/generalideas/our-energy-future-theyll-...

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