Reply To: Climate, the science, politics, economics and anything else


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#80214
Clark

Grief, it could be too late:

In just 13 years, global oil production could enter into a terminal and exponential decline, accompanied by the overall collapse of the global oil and gas industries over the next three decades. […] The oil and gas industries are consuming exponentially more and more energy just to keep extracting oil and gas. That’s why they’ve entered a downwards spiral of increasing costs of production, diminishing profits, rising debt and irreversible economic decline.

Oil System Collapsing so Fast it May Derail Renewables, Warn French Government Scientists (Byline Times, 20 Oct 2021)

Energy is needed to build renewable energy sources; this is the Energy Trap which I’ve mentioned before.

We need to economise now!