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Peak Oil Matters

A fresh perspective on the concept of peak oil and the challenges we face

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Tag: reality

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Democracy holds out a promise that we will get to make choices about what we will do in our community. But each time we choose to ignore the factual truths staring right at us, we ensure that future generations will have fewer and fewer choices.

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Now would be an excellent time to ponder for a moment or two just how many more problems we want to create, how many more options we want to take off the table, and how many burdens we want to inflict on ourselves by continuing to roll down the same highway without full discussions and disclosures about all of the energy considerations we need to focus on. That won’t always be a happy tale to tell, and it won’t always flatter key players, but it will get more of us thinking and planning and preparing for a different but not necessarily “worse” future.

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Energy and the economy represent just two self-relevant domains that people can feel uncertain about, both in terms of how they operate at a societal level and how people should act on them.
This kind of unfamiliarity can be problematic for day-to-day functioning, and can also be psychologically stressful.

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The researchers found that being intolerant of ambiguity is associated with such conservative characteristics as unwavering certainty and strong loyalty to particular people and positions.
Conservatives don’t feel the need to jump through complex, intellectual hoops in order to understand or justify some of their positions. They are more comfortable seeing and stating things in black and white.…

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U.S. crude oil production is falling because investments into shale oil production dried up as the price of crude oil fell below $60/bbl. Companies aren’t interested in putting new capital to work, and because these oil fields deplete, that means crude production is falling. Why is that significant? Because most of the world’s new oil production in the past 6 years has come from U.S. shale oil fields. It is hard to overstate the global importance of the new crude supply that came online in the U.S. since 2008

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If nothing else, we’ll need to recognize that, like climate change, Peak Oil is not some event looming on a distant horizon. Peak Oil is happening now.

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We will have to transition to a post-fossil-fuel economy eventually, either out of wisdom or chaos [1]

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Confirmation bias is the tendency of individuals to pay attention to or believe information that confirms the personal values and beliefs they already hold, rather than allowing their beliefs to be changed by new information.
It’s a powerful force that many researchers have suggested plays a key role in the persistence of phenomena such as climate doubt. With an overwhelming abundance of evidence pointing to the existence of anthropogenic climate change, for instance, many scientists have questioned why skepticism continues to be pervasive in society. Sociologists have suggested that the reason has to do with the fact that it’s difficult to change an individual’s worldview simply by presenting new information. Confirmation bias, rather, leads people to seek out evidence — however small or poorly supported — that supports their existing personal beliefs. [1]

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… [T]here is no intellectually honest way to believe that the world can continue its near-total reliance on fossil fuels for much more than another decade — a paltry window of opportunity. We also know that we cannot wait until they go into decline before reaching for renewables and efficiency, simply because the scale of the challenge is so vast, and the alternatives are starting from such a low level that they will need decades of investment before they are ready to assume the load. The data is clear, and the mathematics are really quite straightforward. [1]

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In the end, does the choice of words really matter?
The “Yes, we’ve reached Peak Oil” versus the “No, we have not” is a distraction—and I’ve done my part to contribute.

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