Convergence

21 February 2006

I’m not seeing much (any?) talk about the intersection of climate change and peak oil.

There’s a prima facie case to say, of course, that since we’ll be running out of oil soon that global warming will just end up being automatically corrected by us managing to run out of oil at an opportune moment. I don’t know how seriously to take this particularly since there’s still a lot of coal in the ground and it could be a huge global warming offender.

That said, the possiblity that really interests me is that we run out of oil and have an economic crash right around the time it becomes inescapably clear that we need to take radical steps to mitigate climate change. So, we end up with a coincident need to take probably incredibly expensive steps at the same time as our ability to do so tanks.

Ouch.

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