Very interesting. I noted especially the observation that for energy extractions that have a marginal return from an energy perspective, the same is true from a financial perspective -- that even when energy prices rise, these sources of energy will remain expensive. Also noteworthy was the observation that the harder we try (as in poking more holes in a search for oil), the lower the resultant return on energy invested for what is eventually extracted.
All in all, a very sobering assessment. Thanks for sharing the link. Joel At 08:57 AM 1/5/08 -0500, you wrote: >People who were interested in last year's discussion of EROI >(energy returned on energy invested) may find this analysis >illuminating: > > http://www.theoildrum.com/node/3412#more > >The diagrams toward the end illustrate graphically what TCLocal >folks have been trying to say about the effect of declining EROI >on "discretionary consumption." > >Jon > >_______________________________________________ >RSS, archives, subscription & listserv information for: >[email protected] >http://lists.mutualaid.org/mailman/listinfo/sustainabletompkins >free hosting by http://www.mutualaid.org _______________________________________________ RSS, archives, subscription & listserv information for: [email protected] http://lists.mutualaid.org/mailman/listinfo/sustainabletompkins free hosting by http://www.mutualaid.org
