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Iceland to Voluntarily Go Oil Free in 30-40 Years
scottennis writes "Yahoo is carrying a
story about Iceland's plan to wean itself from fossil fuels.
The article states that Iceland is giving itself 30-40 years to kick the oil habit completely. Of course some researchers estimate that in 30-40 years we won't have much of a choice."
I don't doubt that the Detroit News would run a piece like this, since the Detroit economy is heavily based on automobiles, and since most automobiles run on gasoline, which comes from oil....
Rule #1 -- Politics always trumps technology.
Thomas Gold of Cornell University says oil deposits may not actually be from decaying animal life but from methane left over from the Earth's origin. If that is the case, vast deposits would apparently exist throughout the earth, not just the surface deposits we are using now.
What that says about man's ability to destroy his environment, given a potentially limitless supply of tools, I hate to even think. No idea whether Gold'll be proved correct or not, but it's an interesting counterpoint.
You're right that the long term point isn't about whether oil is going to run out, but it's also not about how high the price goes.
In the long term, the point is about how much easily accessable oil we leave for our descendants to use. I mean the descendants that will need to bootstrap themselves after the next ice age or big asteroid impact. Because we're going to do squat to prepare for the first one; it's only after it happens (and it will) that our descendants will realise that we'd better get the hell off the planet while we still can.
Let's leave them some easily accessible resources, huh? This isn't some hypothetical piece of science fiction. We either care enough to plan for it, or we don't. What's it to be?
If you were blocking sigs, you wouldn't have to read this.
Oil will probably never run out, it will get more expensive as the supply of it dwindles. The price will rise, but while energy demand will rise other sources of energy will displace it. So the price won't quickly become astronomical, simply because other energy sources will displace the demand. Stationary uses like power plants will move to other sources first, but planes and cars will continue using it, then cars will move to natural gas(which will have it's own rise and fall curve), etc.
./ might have a point when it comes to things like farm subsidies which keep way too much land in agricultural production. If we depopulated the less productive farming (which happen to be more energy and water intensive) areas now it would be easier to carve up parks and 'energy farms' out of them a hundred years or two hundred years hence.
I think the biggest shocks will not come from producers, there are more joining the global market, like Russia & co. The biggest shocks will be as demand is curtailed. At some point gas stations will just cease to exist because there won't be enough demand to support them. The loss of infrastructure will cause more drivers to switch and all of a sudden oil will be dirt cheap for maybe a decade or so. This is many many years out but it is almost inevidable (unless it turns out bacteria are making most of the oil or something. Then, ugh, government will be needed to get us of the tit.)
My biggest fear is that oil will run out before doing enough preliminary research, even solar power can be very destructive of the environment if it uses up land inefficiently. But just image if we switched to Coal in all US and Chinese power plants, we'd all be caughing up gallons of flegm. Or used windmills to the extent that it wiped out bird populations, or disrupted local weather patterns in a negative way. The funny thing is the pure market people infesting