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Has anyone here looked in detail at the ETP model of oil? Thoughts? Here is a brief summary: http://www.thehillsgroup.org/depletion2_022.htm?
The theory basically looks at the overall energy flows of oil and reaches the conclusion that oil will soon no longer be able to supply nett energy to the economy. This is of course a critical situation.
But the theory is difficult requiring an understanding of thermodynamics and economics and is thus largely inaccessible. This raises a flag that we have here the making of a major disaster. It's an approaching crisis that is hidden from us by the complexity of the crisis itself.
1 Answer
- QuadrillianLv 74 years ago
How disappointing, no answers. Yet if i asked about something topical such as peak oil, overpopulation, climate change or Brexit there would be numerous answers. This just highlights the danger we face here. Unlike topical stuff which is apparent to all, here we have a looming crisis that either noone understands or noone wants to know about. The most dangerous threat is the one that comes without warning. I am becoming more convinced that this is one such threat.