Dr. Berndt Warm’s Perspective
Dr. Warm uses 5 different methods, 4 relying on economics, and 1 on thermodynamics, to predict when the end of oil production and motor vehicle production will occur. All 5 methods roughly converge on 2030 as the year when modern lifestyles end.
The essay was written in German and translated to English which explains any awkward phrasing.
Warm’s conclusion agrees with my 15 years of study of many different sources which converge on oil production being down by about 50% in 2030. Because our current system requires growth not to collapse, it is plausible that predicting a 50% decline is the same as predicting a 100% decline.
Our world is of course far too complex to make precise predictions, and unexpected events like a pandemic or nuclear war can dramatically change the outcome, however for planning purposes it seems reasonable to assume we have about 5 years left to prepare for a new way of life.
Evaluation of five data sets concerning car production, oil prices converted in energy values gives lifespan approximations for the car industry and the oil industry. The result is that the car industry will last only until 2027 and the oil industry some years more.
Here are a few excerpts from the paper:
The author interprets the line of maxima as the oil price that the industrialized countries can afford to the maximum while maintaining their lifestyle. He interprets the line of minima as the price of oil that the producing countries need to keep their economies running. In mid-2019, the author noticed this crossroads and expected a crisis in 2020, although he was completely unclear what kind of crisis it would be. He didn’t expect Corona.
The inhabitants of the industrialized countries are now realizing that their lifestyle is at risk. The line of the maxima will reach the zero line (0%BOE) around mid-2027. From then on, the inhabitants of the industrialized countries can no longer afford oil without giving up many things of daily life. The demand of the oil producers is then 13-14 %BOE. These two values are incompatible.
Result: The extrapolation of oil prices shows that from 2022 the lifestyle in the industrialized countries will degrade, and that after 2027 the inhabitants of the industrialized countries will hardly be able to pay for oil or its products.
The fall in the price of crude oil from 2008 to 2020 with the extreme price increase since 2021 is an absolute alarm signal! Soon there will be no more crude oil affordable, no matter for which economy in the world!
Procedures 1, 2 and 4 are extrapolations of economic data of the past. Method 3 is a link between oil prices and car production. Method 5 is a calculation based on a law of physics.
The five calculation methods result in:
- End of world motor vehicle production between 2031 and 2034.
- End of oil production in 2027.
- End of worldwide sales of motor vehicles in 2027.
- End of German vehicle production in 2027.
- End of oil production in 2029.
The results are not the same, but in the end the same thing comes out. All five procedures show that vehicle production and oil production will continue to collapse in the coming years. Vehicle production will disappear first. Oil production later, as the world’s existing fleet will continue to consume crude oil, even if no new vehicles are added. It is to be expected, that the crude oil production will decrease slowly until 2027, and after that very fast.
And: Oil will be extremely expensive by 2027 at the latest!
Dr. Simon Michaux’s Perspective
For those still hoping that a transition to non-fossil energy will extend our modern lifestyles, I point you to the following recent work of mining engineer Dr. Simon Michaux which shows our planet has insufficient affordable resources to implement an energy transition plan that maintains our current lifestyles.
The quantity of metal required to make just one generation of renewable tech units to replace fossil fuels, is much larger than first thought. Current mining production of these metals is not even close to meeting demand. Current reported mineral reserves are also not enough in size. Most concerning is copper as one of the flagged shortfalls. Exploration for more at required volumes will be difficult, with this seminar addressing these issues.
Simon Michaux is an Associate Professor of Geometallurgy at the Geological Survey of Finland in the Circular Economy Solutions Unit. Holding a Bachelor of Applied Science degree in Physics and Geology and a PhD in Mining Engineering from the University of Queensland, Simon has extensive experience in mining research and development, circular economic principles, industrial recycling, and mineral intelligence. Through his recent publications, Simon has outlined the many challenges facing the global industrial ecosystem. He notes our world is currently energy and minerals blind and transitioning to renewable energies is not as straightforward as it appears.
We’ve been growing without care to planetary limits for too long and change is coming, whether we like it or not. We need a completely new energy paradigm to address the challenges ahead, and as Simon says, it all starts with a conversation. We cover a lot of ground in this one, so grab a notebook and strap in for an important conversation – this is one you’ll want to listen to more than once.
On this episode, we meet with Associate Professor of Geometallurgy at the Geological Survey of Finland, Dr. Simon Michaux. Why do humans ignore important mineral and material limits that will affect human futures? Dr. Michaux reveals how we are “minerals blind” — and the consequences of this myopia. To shed light on the effects of our minerals blindness, Dr. Michaux explores the disconnect between experts in renewable energy and economic and government leaders. Dr. Michaux offers individual strategies for us to overcome our energy and minerals blindness. How can we learn to adapt in order to overcome the coming challenges?
Dr. Simon Michaux is an Associate Professor of Geometallurgy at the Geological Survey of Finland. He has a PhD in mining engineering. Dr. Michaux’s long-term work is on societal transformation toward a circular economy.
BenjaminTheDonkey today nicely captures a common theme I observe everywhere in the world today: We are collectively losing our minds; perhaps because unpleasant realities are overwhelming the denial circuit in our brains?
Alarmist? The powers that be won’t admit We’re heading straight to our obit; So it isn’t strange we Can already see People are losing their shit. What is its cause at the root? Whom might we persecute? From an objective view, It’s logically true The reason is just overshoot.