…racturing, or “fracking,” has generated a massive push into “unconventional” hydrocarbon resources. Despite persistent talk of peak oil, the world is awash in fossil fuels. For the major energy corporations, demand is a bigger problem than supply.
Geoff Mann and Joel Wainwright
While there is still an unbelievable amout of oil, the EROI (energy return on investment) is getting worse and worse, making renewables, and nuclear more potantielly viable everyday.
The problem? No contemporary grid can handle the amount of electricity needed to run our societies.
Worse, nobody wants to pay the price to transition our grids and energy sources. Meanwhile, the disease belt is rising, along with sea level, making global supply chains start to sound like a thing of the past.
Loved your piece!