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Forcing externalities to be internal costs time and resources (in a general, society-wide sense). In the current developments, no one is investing in the internalization. And that won't improve when an EROI bottleneck approaches.

I am surprised with the dismissal of EROI here. Yes, the power plants usefully burn oil for less electric energy. They are thermodynamic machines already, not energy sources. What will we have to replace "easy" oil on the same energy output magnitude, really? If we would generate the same "necessary" output with decreasing EROI, we still have to increase the net energy yield with harder work just for that. Recourse consumption will grow exponentially, and we won't notice how soon energy bankrupcy will approach.

by das monde on Wed Jul 24th, 2013 at 05:33:33 PM EST
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