I don't believe it will be Peak Oil that will "doom us". The problem will be a combination of population growth, diminishing returns for energy invested, economic depression, a failed economical model predicated on limitless growth and totally divorced from physical realities and out of control pollution and byproducts of industrial civiilization. Interestingly, one of the best texts on this issue is a review that Matt Simmons did of the "Limits of Growth" book by the Club of Rome, entitled "Could the Club of Rome be right after all?". I won't post it in its entirety, but I will post a few relevan quotes (it should come as something of a shock to everyone that a capitalist investment banker of impeccable neo classical training even entertains the possibility that Limits of Growth is correct!). I do believe that technofixes won't be able to save us, not without a drastci (and probably immoral) downsizing of the earth's population. But I am willing (and would love to) be surprised on this issue.
His text should be required reading (it is also a scary one).
Best
José de Freitas
Portugal
http://greatchange.org/ov-simmons,club_of_rome_revisted.html---------------------------------
Over the past few years, I have heard various energy economists lambast this "erroneous" work done. Often the book has been portrayed as the literal "poster child" of misinformed "Malthusian" type thinking that misled so many people into believing the world faced a short mania 30 years ago. Obviously, there were no "The Limits To Growth". The worry that shortages would rule the day as we neared the end of the 20th Century became a bad joke. Instead of shortages, the last two decades of the 20th Century were marked by glut. The world ended up enjoying significant declines in almost all commodity prices. Technology and efficiency won. The Club of Rome and its "nay-saying" disciples clearly lost!
(...)
Since becoming aware of this Club of Rome work in 1994, I continually hear the "Club of Rome" shortage thesis raised by various energy economists who thoroughly condemn the work as being absolutely wrong. But I have never given any thought to what the Club of Rome's specific predictions actually were, nor have I ever known who this "mysterious" Club plotting the end of the world even was.
The primary reason I have never pursued more knowledge about this work is that I have never subscribed to the theory of the world ever encountering a permanent energy shortage. "Running out of oil" has never borne any relationship to my growing concern over the past decade that "not all is well in the energy world."
My energy worries have always centered on the simple prospect that demand could some day start outstripping supply. This is a totally different problem than running out of energy. Both are definite problems, they merely address different issues.
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As I finished this China study, it left me wondering whether the world really had the sufficient resource base to allow China to achieve its dream of economic success. From the work I did on per capita energy use, if China ever becomes the equivalent of Japan in 1960, let alone finally convert its vast body of people to the prosperity of the United States today, this transition would consume so much energy that it raises the question of whether such added energy really exists. At the least, it would strain the world's energy resources to its limits.
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After reading The Limits to Growth, I was amazed. Nowhere in the book was there any mention about running out of anything by 2000. Instead, the book's concern was entirely focused on what the world might look like 100 years later. There was not one sentence or even a single word written about an oil shortage, or limit to any specific resource, by the year 2000.
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While many readers concocted various "imaginary" assumptions, the book's conclusions were quite simple. The first conclusion was a view that if present growth trends continued unchanged, a limit to the growth that our planet has enjoyed would be reached sometime within the next 100 years. This would then result in a sudden and uncontrollable decline in both population and industrial capacity.
The second key conclusion was that these growth trends could be altered. Moreover, if proper alterations were made, the world could establish a condition of "ecological stability" that would be sustainable far into the future.
The third conclusion was a view that the world could embark on this second path, but the sooner this effort started, the greater the chance would be of achieving this "ecologically stable" success.
The book, in its entirety, is beautifully written. It takes only a few hours to read. I would highly recommend it to anyone. It is an interesting mixture of simple, tried and true economic laws, combined with a terrific dose of logic. Without a doubt, there are some serious doomsday elements laid out which our world would face if the conclusions of this modeling work were ignored, and key trends continue to rise at exponential vs. linear rates. But, the book essentially lays out an optimistic outlook on how easily these limits to growth can be altered if a real effort to accomplish this is made at an early stage, rather than attempting such changes too late.
The most amazing aspect of the book is how accurate many of the basic trend extrapolation worries which ultimately give raise to the limits this book expresses still are, some 30 years later. In fact, for a work that has been derisively attacked by so many energy economists, a group whose own forecasting record has not stood the test of time very well, there was nothing that I could find in the book which has so far been even vaguely invalidated. To the contrary, the chilling warnings of how powerful exponential growth rate can be are right on track. The thesis that it is easy to misjudge this type of growth has also been proven by the volumes of misguided criticism that the report engendered.
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The book detailed the economic and population growth rates for 10 countries in 1968 and how this translated into a GNP per capita in each country. The report then used simple arithmetic to calculate extrapolated values for GNP per capita from 1968 to the year 2000. While their text states, "the values shown... will almost certainly not actually be realized. They are not predictions. The values merely indicate where the general direction of our system, as it is currently structured, is taking us. The report demonstrated that the process of economic growth, as it is occurring today, is inexorably widening the absolute gap between the rich and the poor nations of the world." Exhibit 2 and 3 detail the 1968 data and the extrapolated GDP to 2000.
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The most profound message which The Club of Rome passionately urged people to consider is the power of this type of exponential growth and the danger of the gap that existed between the world's rich and poor. That message is still alive and well. On September 26, 2000, the World Bank's top economists issued yet another warning of the urgent need to begin reducing what used to be a rich/poor gap but has now evolved into a rich/poor gulf.
According to these economists, while the global economy grew by 2.3% a year between 1965 and 1990, the gap between rich and poor countries is 10 TIMES wider than what it was 30 years ago. Both were measured in per capita terms, and the gap between rich and poor is also growing within many affluent countries.
Why is this message so mute to so many? Will it take a hasty wake-up call to finally create the meaningful questioning of how this enigma is solved? The Club of Rome got the whole picture right. It was the rest of us who missed the mark!
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What can we infer about the state of the world over the next 30 years from continuing this extrapolating exercise? Is it realistic to assume that the gap between the rich and poor will never narrow? Could the world remain at peace if the gap never narrows or even widens? And, if it does narrow, as the World Bank head warned must occur to keep the world prosperous and peaceful, are we really certain that the world has sufficient resources in place to accommodate such changes?
These are the issues that should now be dominating the think tank discussions of the world's public policy planners. At least the energy aspects these issues raise deserve close examination. To extend the analyses embodied in The Limits to Growth out another 30 to 50 years no longer takes a supercomputer. Any hand held calculator can now do compounding growth rates. When a simple extrapolation in the growth trends for population, industrial activity, consumption of both agricultural and natural resources and the resultant pollution is done, the alarms raised are more discomforting today, with the benefit of an added 30 years, than the authors of The Limits to Growth contended three decades ago.
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In the book's chapter defining the deceptive powers of exponential growth and the apparent suddenness with which it approaches a fixed limit, the authors describe the French Riddle of the Lily Pond. In this riddle, the lily pond has a potentially virulent lily that apparently will double in size each day. If the lily grows unchecked it will cover the entire pond in 30 days, choking off all other forms of life in the water by the time it covers the entire pond. If a skeptic waited until 50% of the pond was covered before taking any remedial action to save the pond, when would he act? The answer: on the 29th day of the month! But by then, would be too late.
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I have no good data or knowledge about agricultural or non-energy consumption data. A casual reading of the possible future limits to water, arable land, fish stocks, etc. causes one to question how the world could even cope with continued population growth an a narrowing of the rich/poor gap.
But simply focusing on the energy issues which should concern the world argues that the world probably cannot wait another 30 years to begin pondering whether we could begin to experience problems and sheer limits to non-renewal energy consumption. The lead times for any corrective actions or alternative energy alternatives are simply too great.
Take the energy needs of China as an example of the problem. This giant population pool is struggling to remove the shackles of poverty suffered throughout the 20th Century. There is a case to be made that by 2030, or at least by 2050, China could become the Japanese Miracle of 1960, or even what Japan is like today. At the least, China could become the equivalent of a Thailand, Greece or Turkey today.
If such a transformation were to take place, are the world's resources sufficient for this miracle to safely occur?
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Examine carefully the demographics of the entire Middle East and ponder how any of these countries can safely plan on being energy exporters through 2030, let alone 2050 to 2070. If these countries finally use up so much energy that they have nothing left to export, is this the "final event" which The Limits to Growth warned us about?
The Limits to Growth was never meant to be a doomsday book. Rather it was hoped that it would trigger a change in the flow of human trends to avoid such a doomsday. But, the sponsors of this project were clear that it was simply a non-starter to leave the world's wealth so unevenly distributed. They were equally clear that "short of a world effort, today's (1972) already explosive gaps and inequities will continue to grow. And the outcome of this trend can only be a disaster."
They were also clear that the closer we got to the material limits to the planet, the more difficult this problem would be to tackle. (The old French Lily Pond Riddle coming back to haunt us once more.)
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It would be naïve, in my opinion, to assume the gap between rich and poor could stay as it is now, and even more naïve to assume this gap can grow without finally creating massive civic turmoil. If the gap gets too great, the poor will finally "come over the walls of prosperity" and attempt to redistribute this wealth. History has shown this to be the case, time after time. Most of our worst wars were not ideological battles but true fights over the redistribution of wealth.
But closing the rich/poor gap needs very carefully implementation, as the exponential changes in both energy resources and a staggering number of other factors, including the pollution these increases imply, will strain the world's logistic and resources availability to its limits.
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