MD wrote:Plus you need to cancel the dismissive posture regarding ERoEI. It's certainly not as critical as some make it out to be, but it is completely relevant to economic cycles and changing energy mix.
Sorry, but no way, no how. I tend to be a literal kind of guy, and certainly no measure of ENERGY returned on ENERGY invested has anything to do with economic cycles without converting all those ENERGIES into value at which point....it has not much to do with energy anymore. I understand why it might have a vaguely academic/scientificy appeal about it, and therefore is of interest to those who would rather stick with a hard science measure rather than a "dirty" one, but taken at face value its a nonsensical form of measure in any economic system.
You, as the author of the famous "energy isn't money" quote, should know this better than nearly all others in this place. If you were to replace your "EROEI" word with "efficiency" or something similar, well, THEN we could talk. But as long as people insist on a strict energy measure...sorry...it just doesn't work.
MD wrote:You just can't claim that in the absence of cheap sweet light, that the way we use energy will continue as usual. It will have to change, and ERoEI lives right at the heart of that change.
EROEI is irrelevant. The rate at which we dig deeper into the resource pyramid and the economic efficiency with which we do so matters....EROEI does not.
If the cost for me to convert 2 units of resource energy into 1 of usable energy unit is $50/net unit, or I can convert 3 units of resource energy into 1 usable energy unit at $100/net unit, which one do you think I will concentrate on?
MD wrote:Try and find some balance. You occasionally make some valid points, but you take too many extreme and unfounded positions to get any more credibility from me than I give to the extremist whackos in the other corner.
I am a huge fan of bending but not breaking. With EROEI however, because of the way it is designed, there is simply no compromise with the definition. Until someone can modify it to incorporate the value of the energy form, there is simply no way I can retreat from using the actual definition without a valid reason, and in nearly 2 years of looking now, no such reason has been provided.
As far as other valid points, well, testing thought experiments along the line of "what will peak oil cause" can be extreme, but I'm not sure I have ever ventured an unfounded position, I am a thoroughly grounded kind of guy. But thanks for the hint.