In the meantime, it appears that the prophets of an age of renewable energy following Peak Oil got things backwards. We may be living in the era of Peak Renewables, which will be followed by a very long Age of Fossil Fuels that has only just begun.Of course...this is most likely wrong in predicting the future. My bet on the 50-years out future is that Solar energy, with efficiencies increasing with silicon chips crosses the fossil fuel cost barrier in 20 +/- 10 years...and in 50 years, fossil fuels will be hopelessly expensive forms of energy as compared to cheap solar. Of course, I too am wrong...but that's because 50 years is a metric ass-ton of time in innovation cycles...and something else will likely displace solar as even better.
The virtue of excellence
Friday, June 3, 2011
In case no one was watching...
Energy scarcity as a physical constriant just died: