Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
This is a problem - but a problem which has little to do with my criticism of EROI theory.

I don't know much about the situation in Germany, but in Sweden the state still spends considerable amounts of tax money on infrastructure (even if we have had a few notorious run-ins with public-private partnerships). The vast majority of these resources are spent on projects which are not profitable from a strict corporate point of view, but which are profitable when the external effects on society as a whole are taken into account (defined as "samhällsekonomisk lönsamhet", literally "societal economic profitablity").

Ironically, this is pretty close (even if not identical) to my argument that it's far better to internalise externalities and then look at costs and profits (which comes pretty close to the defintion of "samhällsekonomisk lönsamhet"), than to look at EROI.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Thu Jul 25th, 2013 at 11:51:01 AM EST
[ Parent ]

Others have rated this comment as follows:

Display: