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View Diary: GDP Growth Mild, But Look To Oil For Recovery's Explanation (7 comments)

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  •  Another argument for alternative energy (2+ / 0-)
    Recommended by:
    Roger Fox, wilderness voice

    because if we can decouple from the oil energy constraint, we can actually make (some) headway.

    Over course, austerity is a worse constraint, but that may take another census and redistricting to fix.

    Happy little moron, Lucky little man.
    I wish I was a moron, MY GOD, Perhaps I am!
    —Spike Milligan

    by polecat on Thu May 30, 2013 at 11:23:45 AM PDT

    •  I fully expect that to happen (1+ / 0-)
      Recommended by:
      lehman scott

      20% from solar and 20% from wind by 2030 or so would put the US at the point where renewables dethrone oil. At that point the oil dominated energy component is fore ever changed.

      Space based resources will propel the economy to another boom, though like Sagan I'm thinking long term.

      .................expect us......................... FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

      by Roger Fox on Thu May 30, 2013 at 02:12:07 PM PDT

      [ Parent ]

      •  It's very encouraging (0+ / 0-)

        that at least a couple of forward-looking entrepreneurs out there like Planetary Resources are thinking that far down the road.  While results from their efforts are unlikely to produce sufficient material or energy contributions to our terrestrial economies in any substantive quantities in the closing window of time available to us to affect the coming transition to a steady state economy, in the long run without their initiatives it is a certainty that our descendents will eventually return to growing their food behind iron plows pulled by draft animals.   The Laws of Thermodynamics forbid any other outcome, and that is an ultimately bleak future indeed.

        Pessimism of the intellect; optimism of the will. - - Antonio Gramsci

        by lehman scott on Thu May 30, 2013 at 03:58:50 PM PDT

        [ Parent ]

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