tita wrote:In many aspects, the peak oil debate was used as an argument from "doomsdayists" to announce the fall of our civilisation, the systemic collapse. It is not the only argument possible, debt, GW or pandemie are used by some.
Anyway, a limited rate of production happened a few times already, since the beginning of the the use of oil, triggering events that affected our society. But this triggered also new possibilites that kept the rate growing.
I also just want to point out that the possibility of not getting higher than 100 mb/d exist. Probably not, of course. It's just that we can't figure out how production and demand are gonna react to the maelstrom of factors that affect them.
The catch is the cost of increasing that rate. Because of limits to growth (and peak oil is part of it), the cost is increasing. The world needs not only the opposite to ensure basic needs but ever-increasing costs to avoid "systemic collapse." Meanwhile, increasing debt and pollution makes matters worse.