After a college invited ExxonMobil's CEO to do a commencement address, outraged students instead invited Richard Heinberg. Here's what he had to say about life after oil.
Until then, we will still see commentators ignoring the larger forces of change, calling for reforms and the fixing of an unfixable system or at best a changing of the guard.
Expert physicist: 'At $150 dollars a barrel, the air industry is barely viable. At $200 a barrel, it’s going to [be] something that only rich people do.'
In the not-too-distant future, demand for phosphorus could outstrip supply, playing out a familiar scenario of scarcity, price shocks, riots, starvation and war.
The challenge of feeding 7 or 8 billion people while oil supplies are falling is stupefying. It'll be even greater if governments keep pretending that it isn't going to happen.
Michael T. Klare, TomDispatch.com. September 24, 2009.
The great age of renewable energy is in our distant future. Before then, energy prices will rise, environmental perils will multiply and conflict will grow. Buckle your seatbelts.