Huseng wrote:Peak oil is still something of a fringe movement, but nevertheless it is growing. The basic assertion of peak oil is that fossil fuels are obviously limited and that there are ecological limits to growth. Some thinkers also suggest that industrialization is ultimately unsustainable and self-defeating. While people generally subscribe to the religion of progress and assume some new miracle technology will allow for infinite economic growth and that their industrial lifestyle will always be available no matter what.
The International Energy Association already quietly admitted that the world reached conventional petroleum production in the middle of the last decade, which means at present we are either at a plateau or starting the long descent downward where production will decrease no matter how many more wells are drilled.
This basically means energy will no longer be abundant and the cost of it will increase. Unless some miracle technology is produced, industrial civilization will over time come to an end and we will more or less return to pre-industrial conditions. No more commercial aviation, private automobiles, mass production or industrial food production.
The problem is solvable, and without new "miracle technologies", it just needs co-operation world wide, & peaceful gradual adjustment. Here for example some figures of the possibilities of solar energy: http://en.wikipedia.org/wiki/Solar_power
The existing technology is capable of solving it. But people may subconsciously want catastrophes, they have learned to expect them, as signs of "end times" etc... And so we create it for our selves.