Let me ask you this: Why is PO going to cause economic colapse in your mind? You seem to believe that at some point oil become so expensive that building plants to produce alternatives is unaffordable. I would argue the opposite, that expensive oil makes the alternatives more economical viable. The more expensive the oil, the more viable the alternative. No matter how expensive building say a coal liquification plant when oil is $200+/barrel, you are going to make a screaming profit @ $200+/barrel.
Tell you something else. Demand for oil is going to nose dive @ $200+/barrel. Sure, the current evidence does not show it - people driving like there is no tomorrow @ $60/barrel, as shown over the 4th of July weekend. But this is the early stages. The oil price is not yet hurting too seriously, much to OPEC's relief. Eventually that is going to change. I look at myself. At some point not driving will become a priority. Sure cycling the 30 odd miles to work will be inconvenient, but it can be done.
I don't see us planting energy crops in the future. To me the obvious future source of energy is waste. That is what I like about the TDP process I mentioned. Same thing with cellulosic ethanol. We will still be getting our energy via photosynthesis, but only from the inedible parts of the plant - there is plenty of that.
BTW, you got a patent number on that $150/kWh NiMH battery? At some point that patent is going to expire. The alternative is to find a Chinese factory for building it
Optimist, I'm wondering if there's any indication that alternatives will be ready to take up the slack after peak oil. The optimistic scenario points to about 2% decline in oil production annually, plus 2-3% additional demand, so let's be optimistic and call it 4% shortfall the first year. Alternatives, not counting hydro and nuclear, now account for about 2% of US energy production. Do we see alternatives advancing to make up 6% pf US energy production next year, if this year is peak (some think it is, some don't)? And of course that's just the first year, whatever year it is (could be 2007, 2010, 2030, depending on whose projection you choose to believe). Each year production will decline at least 2% plus demand going up 2-3%. This has been covered in numerous threads. Real doom projections see decline at 10% annually, or even higher. Will alternatives be ready for these sorts of declines? Is there evidence they will be?
I don't think you understand markets, and I'm sure you underestimate the costs of wind. Wind would need no subsidies to compete if its actual costs were less than coal. There are things to consider such as the cost of power when the wind isn't blowing.
Markets aren't about endless graft from some magic trawl.
The_Toecutter wrote:Optimist, I'm wondering if there's any indication that alternatives will be ready to take up the slack after peak oil. Is there evidence they will be?
The real question you should be asking is not whether the alternatives can pick up the slack of a 10% decline, but whether or not they will.
Caoimhan wrote:We're getting news stories all the time about big new wind and solar installations being installed. You seem to be blind to all of this, Ludi.
That's already factored in,
The thing that frustrates me about tech boosters is they don't have any facts, only faith. I'm asking a very very simple question, for which no one apparently has an answer. Will alternative energy be ready to make up that shortfall?
Dezakin wrote:I'm a tech booster, and I have facts, and nuclear certainly will be able to make up the shortfall of fossil after peak. I suppose its the wrong sort of tech to you, but I'm sure it will be some consolation that the lights will still be on.
Good, can you give me the facts about the number of plants to be built in the next five years and how large a percentage of the US energy production they will provide? Thanks.
Right. And thats why every independant study I've read quotes the final price of wind higher. Your verbosity seems to be inversely proportional to your credibility.
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