You are viewing a single comment's thread from:
RE: Energy and Waste Energy
Haven't heard of peek oil (will do some digging). The economy of most of the countries are still dependent on oil. Without it, everything rupture. For instance like my country, the transition to clean energy will take a lot of time and money to achieve. To be sustainable is too costly for the people to pursue while government has yet to have a clear plan for the people to go for. There's some solar clean energy startup though. I guess gonna start small here. How about your country?
Not just "Peak oil", but think of it as Peak Cheap oil. There's enough oil left for hundreds of years, but at what price? Another thing to look into is "E-R-O-E-I" How much energy is expended to drill or dig compared to what you get. When this gets to 1 to 1, the game is over.
True, and thus is not wise to keep on depending on oil anymore. Leave the comfort zone and adopt new alternatives. The price to pay is the increase of cost which many still can't afford it. Unfortunately, if now can't afford, in future it will be even worse.