Sys1 wrote:Ibon : On the other hand, a recession prevents countries from shifting from oil intensive energy to renewable. After every recession, oil/gas prices are collapsing and weak economies look after cheap energy to rebuild their sick wallet. We are on the ondulating plateau since 2008, economy stands still with fake growth made of bitcoin/mercato/real estate/tech while standard of living are slowly going south. The ondulating plateau is a curse because we -even on peakoil- look around us and think at first sight that we are still in a business as usual position while the reality is that central banks are lending money quite close from 0% rates for 10 years in order to prevent the house of cards to collapse.
Lumping all tech together and calling it the problem or something negative is INSANE.
Where do efficiencies come from? Tech. Like LED light bulbs, which based on the amount of light produced per unit of power, are 7.5 times as efficient as standard incandescent bulbs. Or fuel injectors, made possible by computers. Or any of a host of technologies allowing for more efficient machines from furnaces to desalinization.
And your argument re pursuing low energy costs is to the point -- better efficiencies will make energy cheaper per unit of work done. Just look at the fleet average MPG standards over time, for example. The biggest thing holding BEV's back is the cost to do the job real world in a competitive way with ICE's, over the life of the car. The job is difficult enough, that I believe transitional tech. like HEV's will play a FAR bigger role before BEV's come anywhere near being dominant.
So let's not confuse real estate bubbles and technology. It's counter-productive.