By Steve Ludlum: Fantasy Islanders

“Nobody will admit that Europe is undone by peak oil, nobody will even discuss it or entertain the possibility! This isn’t economists in 2004 missing a prediction about what might happen in 2008. This is an entire army of exceptionally well-paid, over-educated analysts, policy makers, business leaders, economists, university professors, pundits, finance- and energy bloggers, fiction writers, poets and bass fishermen not seeing what is taking place right under their noses!

Welcome to Fantasy Island …”

http://www.economic-undertow.com/2015/04/26/fantasy-islanders/

And later in the comment section, Steve made this insightful comment:

“The current industrial regime is certainly non-remunerative as it is too effectively extractive. We get the excessive output we want now at the expense of the future. What the future arrives, all else being equal, there are massive throughput channels but output is a trickle – plus a lot of head scratching as to why.70% (roughly) of oil use is for personal transport, the rest is largely commercial transport (much of which is redundant or unnecessary) and chemical feedstocks including material required for pesticide production.

Big problem in food production is the asymmetric nature of the enterprise itself: it takes generations to learn how to farm a particular piece of land but two failed crops in a row will do in the farmer. Fast forward to 2015+ there is the climate curveball: how many more generations will it take to learn to farm? Is learning possible, can any farmer produce two crops in a row?

Fossil-fuel farming does work and it allows for a ‘one size fits all’ approach to all kinds of croplands. We can theoretically maintain the current regime for a few generations or so … to allow farmers to learn how to produce without petro-chemical inputs. Sadly, it is more likely that the military and motorists will fight over what remains of our fuel, crashing the current regime, leaving a lot to go hungry.”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s