Edit: If you disagree, please let me know why. I would love to hear why I'm wrong about this.
1. https://www.eia.gov/todayinenergy/detail.php?id=45096 2. https://www.azocleantech.com/article.aspx?ArticleID=1114
Edit: If you disagree, please let me know why. I would love to hear why I'm wrong about this.
1. https://www.eia.gov/todayinenergy/detail.php?id=45096 2. https://www.azocleantech.com/article.aspx?ArticleID=1114
You’ll get better expected returns from working to avert disaster than panicking about it.
But there is also much discussion on peak oil and climate change that apply 'collapse' differently, as shorthand for a simplifying of the economy and civilisation as a result of no longer having the cheap abundant energy needed to sustain the level of complexity which it has grown into during the age of fossil fuel extraction.
If (and it's a big if) you anticipate the fossil fuel boom ending without the advent of an equal or greater replacement energy source, collapse by the latter definition is a useful term to discuss what that might look like. It's certainly true that we have extensive supply chains, dense living, abstraction from the fundamentals of survival, and many aspects of our current way of living exclusively dependent on fossil fuel and petrochemicals. So it follow that without equivalent or better energy source to sustain those things there must come about, either by choice or circumstance, a simplification (or collapse) of many aspects of present-day civilisation.
[0] https://www.youtube.com/watch?v=0uKihKkx0eY&list=PLRgTUN1zz_...
[1] https://www.youtube.com/watch?v=xliyZMPJvjk&list=PLRgTUN1zz_...
1 - for example, in the US: https://www.eia.gov/todayinenergy/images/2021.07.06/chart2.s...
This looks like the new normal is that fossil fuel usage drops in a recession, then stabilizes after.
Isn't that what's happening now?
I don't know what the cost difference is between heating from an efficient natural gas furnace and heating from an efficient heat pump, so I'm not sure if natural gas has exceeded the price of electric heating.
https://www.cnbc.com/2021/09/09/natural-gas-prices-are-risin...
The EROI is only a limiting factor if you look at all your energy sources combined. For example, Saudia Arabia (or rather Canada with their oil sands) could invest in Solar and Nuclear to keep extracting and exporting oil even though the EROI of the oil wells themselves fall below unity.
I know humanity lived without fossil fuel for thousands of years before we found coal, but there were societal systems in place then that supported that type of lifestyle. We weren't all driving cars to big grocery stores filled with 10000 mile products [1]. And a lot more of us were farmers [2]. Hopefully as fossil fuel resources dwindle we can restore some of those older systems, or figure out better ones. But that depends on how fast the oil production declines. And if it takes a while to set up new systems you might need to provide for yourself in the interim. What to provide is up to you. What do you need and what would you not want to live without?
1. https://cuesa.org/learn/how-far-does-your-food-travel-get-yo...