• 41 Posts
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Joined 1 year ago
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Cake day: April 4th, 2025

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  • Also, it seems the total amount of available oil and gas is going to shrink and we should plan accordingly.

    This is likely now.

    Here is an article about earlier estimates when the oil production was going to peak, due to resource depletion and rising costs:

    https://en.wikipedia.org/wiki/Predicting_the_timing_of_peak_oil

    We are or were anyway very close to that point. One central fact for what follows is that the large and cheaply to exploit oil fields were discovered first, exploited first, and also last much longer. New oil fields are much smaller, more remote or deep under the sea, need higher costs for development, have a much smaller ratio of energy-invested-on-energy-returned, and have a shorter life time. This already creates a kind of economic cliff.

    Now, there are several new factors which all will accelerate the decline of oil:

    • the war has added high risks to oil production and transport. The global environment among oil producers is no longer a cooperative one, instead it is a war situation, including in economic terms. Put plainly, Iran probably also bombs its neighbors because it wants a larger share of the remaining business. With Venezuela, the US overturned the government of another competitor. Russia is bombed by Ukraine. This is in part precisely because the global oil bonanza or rush for “black gold” will end soon.
    • since the old, large, and cheap wells in the gulf coast countries are cut off and facilities damaged, prices will be high for the next years. In theory, this could inentivize new investments. But developing new fields is slow and very risky, because when the large, old, cheap fields around the gulf come back, this will lower prices, making some new investments unprofitable. The reason is that new oil fields are much smaller (thus have a shorter life time), and at the same time much more expensive than the old fields.
    • many countries are now accelerating the transition away from using oil and gas for electricity generation, heating, and transport. The technology is there, and it is cheaper and will continue to be much cheaper in the future. And this will make investments in new, expensive, small oil fields unviable, since they will not pay off.

    Another factor that might happen by the way is that the reduction of shipping as a result of lacking oil in South Asian waters - and of reduced economic activity, will likely lower the albedo over this sea regions, which could make the effects of global heating there much more acute. (This nexus is not yet 100% scientifically assured but the most likely explanation for the rise of extreme weather in the Mediterranean). And specifically South Asia which has not only very hot but regionally also extremely humid weather is very vulnerable to heat waves. Adding to that that some electricity there is still produced by oil generators, and failure of electric grids during heat waves is a catastrophic danger. If that happens, this is likely to change the way many people there think about climate change, and will put more pressure on governments to do something about it.

    Oil will of course still be used in the future, but in much less quantity, and more as an expensive, environmentally highly damaging, special chemical product that is a necessary evil for some purposes.



  • What is the best recent bike-friendly measure that happened in your city?

    In my city, some bike lanes were replaced by bike streets, which go along a river, for example, or a commuter train line. These are made in a way that it is easy to cross car streets, but cars can’t pass through them. There is now a lot of bike traffic, and the bike streets and cycleways are starting to form a protected bike network.

    You know that apparent law of the universe, which is that when you solve one big ugly problem, you get one or two nicer problems as a reward? Our city has now dense bike traffic at times, and sometimes almost bike traffic jams…






  • Lmao, “Earnings Alert”… seriously?

    When something becomes unsustainable, it is possible that prices go up, but at the same time costs rise so high that companies can’t make profits even with high prices.

    This is the essence of the “peak oil” scenario: Prices rise, but due to resource depletion, production costs go up so much that demand shrinks. Historically, that’s pretty much inevitable, since oil and gas are finite resources. This downturn had already started.

    The war has accelerated that process. The oil economy is not sustainable as a whole. In a way, Trumps Tomahawks and Irans missiles are part of the production costs, as are US aircraft carriers. This is because the oil economy is not only a industrial-economic process, but also a military-political system, which even influences global finance, interest levels etc. It is not a given that the earnings pay this expensive system.

    We can say that this system is in crisis.

    This also extends to producers of fertilizers: Rising market prices for oil and has means they have to pay more for their most important input, while fewer customers will be able to afford much higher prices for their product. Thus, their business becomes less profitable. In difference to oil producers e.g. in Russia, they do not have windfall profits.

    Still, people need food. It will be interesting how the world solves that challenge. One way could be to eat less meat, which is a very wasteful way to produce food. Cheap animal food crops might be replaced with crops for feeding people.




  • Cars are also great and super flexible, but cities should be designed in a way you can get easily from one to another by car, bus or train without needing to drive through other cities.

    If you look at maps of European cities, they have usually a main railway station right in the center, which is also a central hub for pblic transport.

    And yes, “park-and-ride” parking spaces where people who come from the outside by car can leave their thingy and can continue by fast commuter trains do exist. They are not used enough, they should be complemented by city tolls like in New York City, which should be so high that it rarely makes sense to use the car.

    Oh, and residential parking spaces in cities should have a minimum walking distance from the home, of at least ten minutes, for anyone who is not actually disabled. That alone would reduce a lot of unnecessary car travel in cities.

    Not to say that rural areas don’t need different solutions - they do. But the mayority of people live in cities, here is where we need change first.