My post was meant to be about uncaptured economic effects and risk.

The "Peak Oil" crowd as I understand them, are concerned that oil field production will stop growing, while demand continues to rise, and the price of oil could grow fairly rapidly, with hard to predict economic effects.

As such, they tend to advocate the development of higher efficiency consumption and exploration of alternative forms of energy while oil is still cheap. It's basically a position that calls on innovation today to avoid a problem altogether, or to soften the blow by laying some groundwork.

You clearly prefer a position where you don't innovate until your back is against the wall, and you mock anybody who does it earlier, and accuse them of not believing in innovation.

Whatever. I don't even care.