@knud I don't know what your metrics and projections are based off of, and it's irrelevant. You're looking at it, perhaps from the POV of the people using the energy. I'm thinking about the people who are being exploited to get the raw material for said energy, the ecosystems they're coming from, and the actual capacity of the planet. Your orientation requires more, mine less.
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@urlyman Maybe. But from what I've seen, normal price signals aren't enough. @knud @gerrymcgovern
@dnkboston hence my use of the word “enforced”. The lived experience of relative absence will drive change. And perhaps, out of a deficit of technological ubiquity will come a reconnection with forms of abundance that have always been there and still are, just
@urlyman Policy=enforcement? @knud @gerrymcgovern
@dnkboston no, that’s not where I’m coming from. Unavailability, intermittency.
When oil becomes unprofitable it becomes less extracted. As it becomes less profitable the cost of capital heads sharply up. As do all of oil’s supply chain dependents, including metals, many of which are independently heading along similar trajectories https://mastodon.social/@urlyman/111374066310651684
@urlyman I keep thinking about something Charles Mann wrote a decade ago. There's never been Peak Oil, thanks to the determination of governments and oil companies to keep it flowing, which fostered "innovative" tech to do so.
I don't think oil will become difficult enough to extract in my lifetime.
@dnkboston
I've been listening to some talks on the subject and talking to some experts, and there are definite signs that we have peaked and that oil and gas will become more and more expensive, with all the implications that has for food, industry, etc.
@gerrymcgovern Because of Hormuz? Or even without that? @urlyman @knud
@dnkboston perhaps accelerated by (too hard to see) but for sure without it anyway.
The energy return on investment (EROI) of a barrel of oil around 1940 was 1:100. i.e. You got 100 barrels out for every 1 you invest in extraction. Today (pre 28 Feb), the global average is about 1:15. Joseph Tainter thinks that it becomes unsustainable at about 1:10 because of the upfront costs of exploration and field development.
That said, the field to field EROI variance is large. So…
@urlyman @dnkboston @gerrymcgovern @knud maybe you know this already but renewables have a higher EROEI when you look at the point of use instead of the point of extraction (for fossil fuels - renewables obvs don’t have a point of extraction)! https://www.nature.com/articles/s41560-024-01518-6
@Brendanjones
How do you mean "renewables obvs don’t have a point of extraction"?
@gerrymcgovern I'm guessing @Brendanjones means that if you use solar or wind, the "extraction" on the panels or via turbines is a different kettle of fish than getting oil or coal. @urlyman @knud
@dnkboston @gerrymcgovern @urlyman @knud Indeed. For renewables there’s no fuel extracted for which you can measure eroi. Their fuel is the sun and the wind, which we didn’t create, so eroi is meaningless. For renewables you can only measure eroi at point of use or at the use phase.
Using the point of extraction eroi for fossil fuels vs point of use eroi for renewables is highly misleading, and playing into the narrative of the necessity of ff’s when ff’s are actually massively inefficient.
@Brendanjones
Extraction occurs in other ways. Wind turbines can need 120,000 tons of steel, 5,000 tons of nickel, 1,500 tons of copper, and nearly 300 tons of rare earth elements per GW of installed capacity.
But the real damage is in the mining waste. To get 1,500 of copper you can cause over 800,000 of toxic mining waste. To get 300 tons of rare earths, can cause about 600,000 ton of often radioactive waste. Wind and solar have intense upfront metal needs.
@gerrymcgovern @Brendanjones @dnkboston @urlyman
You still sound like you want to continue burning fossil fuels.
@knud
Not at all. But what I discovered after doing years of intense research on this and talking to loads of scientists, is that we never do a true and total environmental accounting when new technologies arrive. We focus on one problem, such as CO2--which is a critical problem. But we tend to ignore all the other harms, such as soil loss, biodiversity loss, etc.
Growth is killing us. It's what we're doing with the energy that is causing the greatest harms.
