/sci/ - Science & Math

>>8612331
Batteries are not an energy source. The most energy efficient grids run on fossil fuel, mostly gas or coal. Hydro is good but daming up waterways has other implications. Many grids are starting to fall apart in the west with aging infrastructure and carrying large loads already. They will require much investment already let alone scaling them up.

>Within industries alternatives exist for all oil usages
No they don't, that's ridiculous. Transportation industry will obviously be hardest hit which may be a good thing as globalization in general and shipping - trucking goods all over the place will need to scale back and work more locally. Manufacturing will be hit hard, plastics, petro chemical production, along with mining, farming and pretty much everything we do in modern life requires at least a trickle of oil, some processes copious amounts of the goo.

Some of the most energy ignorant people on earth are the largest consumers it seems, this alone is going to spark massive dissonance down the line. The average western dude today has about the equivalent of 100 energy slaves helping him to get along.

>>8612337
>it'll try and last longer
With a growing population demanding more of it everyday. The depletion rates after peak, if everything goes smoothly, will be anywhere from 1 to 5% per year. So 100 to 20 years, and EROEI is down to 1 and the gig is up.

>>8612423
Don't worry, it's all "normal".

>>8473330
>to further quantify and assess the risks
No, it's a tax grab ushered in under fear mongering and Exxon is just playing a silly PR card. They know full well modern society revolves around hydro carbon energy and will be sitting at the that table with a fair bit of weight, not like the brunt of little people who will be paying the tax. It's a corporation not a person so don't assign it a personality, all corporations should be treated as psychopathic.

Same with Shell really, who knows if they see a buck to be made moving on on silly CO2 sequestering operations they will be all over it.

>>8473330
>The consensus in the industry
Is that fossil fuels are critical to modern life and recognize that if they don't play ball there is risk of nationalization or becoming a target of hostile climate zealotry. No one can fight the enormous bombardment of AGW propaganda so they are rolling with it. The scariest part is with tunnel vision on an AGW theory many other serious issues may be ignored and remember the theory is not proven nor can it ever be proven. The models so far and inaccurate, the data questionable but the dollar figure revolving around it all growing exponentially. It's just an accessory to the energy business at large so prepare to pay more for energy whilst solving nothing and enriching some corporations and governments who will further suppress and limit the peoples right to cheap energy while we still have it.