Kyros on 21 May 2008
whether natural market adjustments are good enough as far as mitigating the impact of peak oil on the global economy and population. You have not answered this question at all.
No I haven't. This wouldn't be very respectable anyway. But I am pretty sure that market adjustments are the best possible solution for this problem.
If it is good enough is another question, but I am pretty sure that no other approach would be better.
@cwbys21
Every alternative energy has its problems and we will most likely need a mix. Dams are ok but limited. Geothermal and tide energy could help. Solar would be an option etc. etc. pp Carbon sequestration has great potential. Offshore wind is nice. Perhaps even something exotic like fusion power or the revival of fast breeders. People can change their attitude to nuclear power when energy starts to get really expensive.
Even biofuels have great potential. It is true that biofuels from maize are idiotic, but they are effective when created from sugar cane or switch grass. And companies are working on biofuel from cellulose so you could use almost everything green lying around which would normally be thrown away.
