[FoRK] US Reaches Peak Oil!
eugen at leitl.org
Tue Oct 8 09:33:48 PDT 2013
On Tue, Oct 08, 2013 at 09:28:52AM -0700, Stephen D. Williams wrote:
> Spending 1/3rd of the cost of obtaining energy for energy means that 1 out of 3 people are working on obtaining energy?
> That seems like a mixed up conflation of labor with other economic and industrial processes and costs that doesn't necessarily follow.
Meh, it's a proxy of effort. You might not need the manpower directly,
but you definitely need to spend more and more effort to just stay
where you are. And then it gets worse.
If you crunch the numbers, you'll see that investment into
renewables already offer a better ROI.
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