Sunday, March 27, 2005
A friend of mine sent me a link to the following interview with Matt Savinar. He is the author of The Oil Age is OVER: What to Expect as the World Runs Out of Cheap Oil, 2005-2050. I haven't read the book but he does seem to have a good grasp of the issues. He is very pessimistic about our future. This is from In the Wake:
Aric McBay: Could you summarize the current Peak Oil situation for us?
Matt Savinar: If the optimists are correct, we are 10-20 years from the peak. If the realists are correct, we are peaking right now.
We have no scalable alternatives.
We have no plan on how to reform the banking system so that it does not require a constantly increasing supply of energy.
We have no political leaders who are willing to tell the public the truth.
In other words, it doesn't look good.
AM: What does this mean for the prospects of industrial civilization? What level of technology will people be living at in 50 years?
MS: Optimistically, the average westerner will be reduced to what you might consider a modern day third world level of existence. In that case, your best bet is to either be as self-sufficient as possible or extremely rich - top 1 percent or better. Everybody else is in deep trouble.
Pessimistically, nuclear war and radical climate change will eliminate all but a very small portion of the population.