Quote:
Originally Posted by CoachKandSportsguy
I have worked both industries as well. I have always played a location quiz with myself, "where would I want to live if oil hit $200 per barrel or higher?" The answer has always been where heating costs are minimized, and water, and food is grown in the area. One can survive heat with shade and water, but cold requires heat to survive. Food and protein food requires water and sunshine and the longer the growing season the better.
With capitalistic (lowest cost) optimization the colder areas, having shorter to very short growing seasons, require substantial vehicular imported food, and imported heat supply as well. These all require extra income to remain.
FL, Southern CA, HA come to mind as the best locations for these factors. Hence, a home in TV is also attractive, relative to the Northeast or other northern locations.
However, don't forget there is demand destruction as prices rise. . . demand destruction for petroleum based products will occur as prices increase. For those who have deferred big maintenance for cost, one might want to make plans to get it done sooner rather than later, especially with asphalt shingles. Maybe the ARC will become more open to longer lived metallic roofing material. If there was ever a time for the allowance, now is the time to be approving the options.
Mass generation from renewables is difficult due to the instability of production. Complimentary to petroleum based absolutely the future, but storability of electricity is difficult and somewhat dangerous, with that much energy stored in such a small space. . more research needs to be done, and there has been a lot already, which is not publicized.
So at the moment, the world could be at peak population and luxury, but the future remains uncertain. And I don't count out the creativity of humans who have exceeded the natural human capacity limits of the planet.
hopeful guy
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I agree with a lot of this. And to put a number on it, we - humans - now consume more resources than the planet can replace by July this year. The chart of this page shows that in 1970 the earth was able to completely replace all consumed resources every year. Then in 1971 we began consuming more and more each year.
This means we are running out of resources, food, oil water, wood, minerals, etc. Sort of like living beyond our income. Eventually, bad things happen.
Earth Overshoot Day - Wikipedia