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Welcome. I am the author of Universal Time, a sci-fi urban comedy;
Beaufort 1849, an historical novel set in antebellum South Carolina;
and In the Land of Porcelain, an urban comedy set in present-day San Francisco.

Wednesday, May 14, 2014

The Great Transition (Welcome to the Decade of Substitutions)

Sign of the times.

We live in an age of great transition. We are in the midst of the monumental process of switching from one set of primary energy sources —fossil fuels— to another— renewables. During this transition we will see almost every facet of our lives altered as all sorts of substitutions are made in a far-reaching kaleidoscope of change. In fact, this metamorphosis is already happening in slow motion all around us. If you were to pull a Rip Van Winkle and sleep through the next ten years, you would wake up to a different world indeed.

Promises, promises.
We know from basic economics and pure common sense that substitutions will occur, because as the easiest-to-reach deposits of fossil fuels are burned up, the ones left take more energy and money to get out of the ground. (It turns out deep water and fracked oil are so expensive that the major oil companies haven't been making money on them the past few years, and they are getting mighty concerned about this. For more, see note at end.) This means prices of fossil fuels will inevitably rise so that more expensive oil/natural gas/coal can be produced. Or it means that demand will drop, keeping prices relatively steady. There's also the phenomenon of ever more humans arriving on the planet each day wanting to use energy, creating upward pressure on prices. This has been somewhat countered by economic contractions that drop demand by rendering consumers poorer. Besides suppressing demand, rising prices make other options more attractive. Hence, substitutions. Such substitutions are already gathering momentum, especially as more people realize that the price we pay for fossil fuels doesn't cover the costs of the environmental, health and climate damage they inflict. (Taxpayers and our children will pay those costs! Another rule of basic economics--make someone else pay the piper if you can.)

But where do the reindeer land?
Of course not all fossil fuel use will need substitution, especially not the fossil fuels we waste. Below I've outlined the substitutions of technology, infrastructure and behavior that we will likely see implemented around us over the next decade. Many of these technologies you will likely have in or on your house before 2020. Some of the substitutions involve lifestyle changes that almost all Americans will adopt before 2024. Successful regions will alter their infrastructure; those that don't will get left behind. My predictions may not be 100% accurate—there may be a few behaviors/infrastructures/technologies I’ve overlooked, or some surprising ones may spring up—but by and large this is what we have available to us right now and can expect to see.

Let’s take natural gas first.

Natural gas to heat indoor space will be replaced by heat pumps powered by electricity, passive solar gain where possible, and scattered high efficiency wood stoves.

How to electrify heat.
Heat pump technology is already mature. The only time heat pumps have issues is in climates that have deeply cold weather, and even then a properly sized heat pump can still heat your house, just less efficiently during the coldest days.  (It also helps to have your house well-sealed and insulated so it doesn’t take much energy to heat it in the first place.) The added benefit to heat pumps is that they also cool much more efficiently than air conditioners, reducing electricity consumption in the summer. For those who live close to a large supply of wood, high efficiency wood stoves will be valuable—they use half the wood of older models to provide the same amount of heat and produce 1/10 to 1/20 of the particulate matter. (Important to asthmatics and other people who value their lungs!) This means less chopping! Less hauling! Less stacking! If you have a house that already takes advantage of passive solar gain in the cold months, (generally through south facing windows onto to some kind of mass that will later radiate) well then, lucky you. Free heat!
Passive can be active.

Natural gas to heat water will be replaced by solar hot water, heat pump hot water heaters, or a combination of the two.

Natural gas used to generate electricity will be replaced by wind, solar and reduced consumption through energy efficiency.
Desert Energy
It turns out natural gas (methane) is not the clean energy we thought. Our natural gas production system leaks 6-12% of the methane it produces and is estimated to be responsible for 30% of all methane the US emits. It's better than coal, yes, but it will have to be replaced just the same. Some of this new electricity generation will be distributed (rooftop solar PV) and some will be utility-scale. For new utility-scale generation, depending on the location, wind and solar are already at cost parity with natural gas. The exchange of renewables for natural gas will happen first in places with great sun or onshore wind. (Sun—most western, Midwestern, southern, and coastal mid-Atlantic states, all the way up to Connecticut and Rhode Island. Onshore wind—most Midwestern and western states.) There are some states (LA, WY, ND, SD) that have excellent renewable resources but will be slow to the party because they will remain stubbornly committed to their fossil fuel industry. However, they too will eventually convert, and, ironically, Wyoming and the Dakotas will make more money from wind over the next 100 years than they did from fossil fuels the previous 100.

Danish Energy
Compared to Europe, the US has been quite sluggish with offshore wind. Eventually those states with access to decent amounts of offshore wind (most coastal states except Florida, and most states adjoining the Great Lakes) will use it to create electricity, although their path will be bumpier than the states with good sun and/or onshore wind. There will likely be some use of geothermal, tidal, biomass, and hydroelectric, but solar and wind will make up the lion’s share of electricity generation. So which states are going to have the most trouble switching from fossil fuels? As I see it, there are only four states that will have some difficulty substituting for fossil fuels due to lack of prolific sun/wind--Ohio, Vermont (although this state can probably buy wind electricity from its neighbors), Pennsylvania, and West Virginia (although this has a few nice wind pockets.) Any state that drags its heels on the transition will invariably inflict pain on itself.

Natural gas to make nitrogren-based fertilizer will be replaced by wind-powered electrolytic nitrogen-based fertilizer production, as well as by compost, worms, green manure, animal manure, crop rotation and other permaculture techniques.

We don't have to starve.
Currently the hydrogen in the natural gas molecule is used to pull nitrogen out of the atmosphere to make ammonia and other nitrogen-based fertilizers. But nitrogen can also be pulled from the air by a reaction with hydrogen split from water molecules through electrolysis. Electrolysis can easily be powered by wind, especially at night when the wind blows strongest and other demand for electricity is low. Though the US imports a lot of its nitrogen-based fertilizers at the moment, the fertilizer we do produce is largely made in Louisiana, Oklahoma and Texas. Oklahoma and Texas are windy states. Excess night wind there can be cheaply directed to nitrogen fertilizer production. For growing grains and soy in the quantities necessary to feed the planet, I expect nitrogen-based fertilizer will still be necessary. However, for fruits and vegetables on your average (electric) truck farm, compost and permaculture techniques can avoid (or at least vastly reduce) the need for chemical fertilizer. While it's best not to waste food, unless you have hogs or chickens around, you're going to have to do something with food scraps and paper packaging refuse. In towns and cities they can be turned into rich compost that permaculture farmers love.

Coal and natural gas used to generate electricity to power standard air conditioning will be replaced by heat pumps, whole house fans, and ceiling fans that require much lower energy inputs.

Energy saver
78 degrees with a ceiling fan running is very pleasant for most activities as long as some of the humidity has been taken out of the air. (Heat pumps take humidity out of the air better than standard air conditioning.) In all but times of high humidity, using a whole house fan to exhaust hot air and bring in cool air at night is a nearly free form of air conditioning. Add on shade trees, awnings, etc. And turn down the temps in commercial buildings! You shouldn't have to wear a parka to go grocery shopping or watch a movie in the middle of summer.

Coal and natural gas used to create electricity to power second refrigerators will be replaced by nothing.

Energy sucker
Electricity costs will rise (or Americans will get poorer) until it becomes too expensive to run a fifteen-year-old second refrigerator in the garage. When all those second refrigerators go away, that will be a good indication our energy is priced correctly because it will mean energy is no longer cheap enough to waste.

Oil (gasoline) used to power private vehicles will be replaced by public and private transit, bicycles, walking, and people choosing to live closer to jobs, goods and services.

A veritable chariot
It takes a heck of a lot of energy to propel 3000-5000 pounds of steel around. We will see the reemergence of rail for distances of 30–1000 miles. We will see most people figuring out how to commute by methods other than private car. We will see communities begin to orient themselves to making walking and biking safe and convenient for short trips. We will see cities and towns focus on their core again, drawing economic activity, housing and jobs towards the center rather continually expanding along the periphery, which will make these cities and towns financially stronger. (See Strongtowns.org) Electric bikes sales are already up, and electric adult trikes for seniors will become quite popular. The good news is that all this will make the 80% of Americans who are currently unhealthy due to their sedentary way of life a heck of a lot healthier.

Already Millennials (the under 30 crowd) are giving up car ownership to live in walkable, bikeable urban areas with transit. (This is partly due to crushing student debt that has made them poorer.) Next will be retiring Boomers who all of the sudden don't "want" the hassle (and expense) of driving everywhere. Also, since Boomers are the biggest car-driving generation, as they die off, car use will die off as well. (Note: I am a tail-end boomer. I hope to be on an adult trike when I'm eighty.)

Oil (gasoline) used to power private vehicles will be replaced by electric cars for a small percentage of the population.

In your future?
People that already can’t afford $26-$32K for an electric car are unlikely to be able to afford one in the near or mid future. This is not a terrible thing—we need to be putting our electric capacity towards powering heat pumps and producing fertilizer, not moving 3000 pound blobs of steel around everywhere. Over the next five years, most households will drop to one car; the following five years half will drop to zero, and the households that have a car will use it sparingly. Widespread use of personal cars might develop again on the other side of the transition when enough solar and wind electricity generation has been built out, but for a decade (or two?) cars will likely be small, lightweight, pod-like things that are largely a luxury item. (They may, however, come when you whistle.) In the near future we may see some increased use of neighborhood electric vehicles (Cost: $12,000, 25mph top speed) and electric cars as part of carsharing programs.

Already available for neighborhood driving
Note: 96,000 electric plug-in cars of one kind or another were sold in the US in 2013. Cumulatively, the US has 170,000 electric cars on the road. Even if plug-in electric cars sales doubled every year for the next six years (and they don’t appear to be on that track for 2014--April year to date numbers are up only 20% over 2013 April YTD) that would mean by 2020 we would have roughly 13 million electric cars on the road out of a fleet of 250 million total cars. Which means only 5% of the US vehicle fleet would be electric. Even if every American household got by with one less car (while electric car sales doubled each year) by 2020 only 10% of the vastly reduced number of cars would be electric.

Way easier than an axe.
 Oil (gasoline or diesel) used to power lawnmowers, chainsaws, snowblowers, leafblowers etc will be replaced by electric version of same, or by rakes, shovels, brooms, pushmowers, etc., or by not mowing the grass, cutting the wood, blowing the leaves and snow, etc. Note: chopped leaves make great mulch.

Rubber meets road.
Oil (bitumen) used to make asphalt will largely be replaced by recycled asphalt, recycled rubber from used tires, and fewer paved roads in general.

Paved roads are hugely expensive, and right now much of them are largely financed by the federal government, which pays for them with debt. (The gas tax hasn't risen since 1993, but road repair prices sure have!) Coming soon, most roads/highways/freeways between towns/cities will be user-fee funded through tolls or a vehicle mileage tax. Since local roads will be the responsibility of cities/towns, the only ones that will be maintained are those where population density is high enough to pay for them. On the up side, the roads will be more bouncy. (This is actually great for joggers.)

Ooh, a dome car!
Oil (kerosene) used to power airplanes will be somewhat replaced by train travel and a limited amount of bio-jet fuel.
We could do this.
Plane travel is going to get expensive. That’s all there is to it. Per passenger mile, a diesel train with high occupancy is four times as energy efficient as a plane with similar occupancy. An electrified passenger rail system comparable to those used in Europe and Japan uses just 10% of the energy of planes for the same distance. The good news is there will be huge incentive to get our rail system up to at least 100-120mph, a speed that is considered slow in Europe, China and Japan, but would be double what we are currently managing. The bad news is people are likely going to travel fewer total miles over the course of their lives. That doesn’t mean zero travel, just less. Between 1870 and 1950 Americans traveled a remarkable amount by means other than airplanes and personal cars. Most of the long distance miles were by rail. Of course rail could be very pleasant, then. (Check out Mark Twain's comparison of journeys by stage coach and railroad.)

Oil (diesel) used to transport freight via trucking will be replaced by rail.

Already happening because per ton of cargo moved, rail uses one-fifth the energy of trucking. Demand for rail freight is growing by leaps and bounds. However, currently 40% of rail freight capacity is consumed by coal shipments. Take coal out of the picture and there’s lots of capacity to be had.

Oil (diesel) used to power rail will be replaced by electrified rail.

Electrify it.
Electrified rail uses up to 2/3rds less energy than diesel rail. (So electrified rail uses 6-7% of the energy that diesel trucking does to move the same load.)

Oil (heating oil) used to heat homes will be replaced by heat pumps.

This substitution has been underway for years and is almost complete.

Oil (liquid petroleum gases) used to create plastics will somewhat be replaced by organic packaging materials and/or glass, metal, etc.

Plastic world.
Sure, some plastics for some purposes are very useful and will no doubt continue. But this country at the moment is drowning in cheap plastic that is going to disappear like Karl the Fog in the morning sunshine.

Oil (gasoline) used to make drive-till-you-qualify McMansions sellable will be replaced by smaller homes in dense, walkable neighborhoods.

Back to the future.
Cities and towns with a central dense, walkable, livable core where it is possible to easily live car-free will do well economically. Small towns with some type of central core and some local economic base (manufacturing? agriculture?) connected by rail to other areas will also do okay. The best predictor of economic prosperity will be the economic output a region/city/town can produce per unit of energy the region consumes.

Future farmland?
Car dependent suburbs, on the other hand, with no transit links to anywhere else (and no hope of transit links because of low density,) will grow more and more unpopular. They will be scavenged/abandoned/become the new slums where the poorest people will be pushed to. It will happen to those suburbs farthest on the periphery first, and in fact this is already in process. Some areas will be bulldozed, some areas will be returned to farmland, some areas will be allowed to rot, burn, become crime/gang ridden. This is not going to be pretty. Note: I grew up in suburbia.

 Oil (diesel) used to bus children long distances to school will be replaced by children attending schools they can walk or bike to.

Walking school bus.
Can your children walk or bike to school? (Or could they if the streets were less dangerous?) Can they reach school by public transportation? If you have children and the answer to both is no, you will probably move within three years to someplace where the answer is yes. (Note: your children don't actually have to walk with a cardboard cut-out of a bus.)

Oil (diesel) used to power farm equipment will be replaced by electrified farm equipment.

There are already people out there converting old tractors to electricity. Others have produced new electric tractors. (See video above. Love the drawl.). There are already companies making electric utility tractors that can mow, scrape and blow snow, tow things around etc. (See video below. I want one of these beauties even though I have no lawn, I live where it doesn't snow, and my entire yard is nearly vertical.) Electric motors actually have the advantage of more torque than internal combustion motors, and battery weight can be very useful in adding traction.



Oil (diesel) used to power heavy trucks (like buses and garbage trucks) that travel under 100 miles a day will be replaced by electric heavy trucks.

All-electric, baby.
There’s already a company that makes electric garbage trucks, school buses, shuttle buses and other heavy trucks. They are twice the cost of a diesel-powered version but come out even financially over ten years due to lower operating expenses. (Electric motors require little maintenance.) The city of Chicago has ordered twenty of these garbage trucks. If they can handle garbage in Chicago, I'd guess they can handle garbage anywhere.

Oil (diesel and gasoline) used to transport goods the last few miles to their destination will be replaced by small electric trucks, electric vans and electric bicycles.

Speedy delivery.
We’re already starting to see light items like pizzas, take out, and flowers delivered by bicycle. An electric bicycle can tote 500lbs even uphill. Freight delivered by rail will be unloaded by electric forklifts onto large electric trucks to warehouses that will later load onto small electric delivery trucks.

Oil (diesel) used to transport low-value, heavy items, especially liquids like soda pop and bottled water, will be replaced by nothing.

People will make their own soda and/or get a water filter. The good news is locally brewed beer will become quite economic. Perhaps even local soda fountains will spring up again.

Oil, electricity and natural gas used to dig up, transport, and process fossil fuels will be replaced by nothing.

Energy-intensive
It takes energy to get energy. Lots and lots of energy is used to frack, mine, pump, and refine. (Oil refining alone comprises 3% of our nation’s total energy consumption.) As time goes on and the easy oil and natural gas is all pumped out and the best coal nearest the surface all mined, it takes more energy to get our energy, leaving less for us to use for other things. This ratio is called the energy returned on energy invested (EROEI). It used to be it took one barrel of oil to get a hundred. We’d write that EROEI as 100:1. Now one barrel of oil gets ten, 10:1. It takes as much energy to make corn-based ethanol as we get from burning the ethanol in an engine, 1:1. (Ahem, why exactly do we bother?) In contrast, in a 2011 analysis of biodiesel in Vermont, the EROEI of biodiesel from sunflower seeds ran on average around 4:1.

How low can our EROEI ratios go? Some people believe it takes at least 6:1 to provide enough energy surplus for civilization to work. Right now EROEI is 6 or 7:1 for solar pv,18-20:1 for wind, and 5:1 for nuclear energy. (EROEI is rising for solar as the technology matures.) Tar sands and fracked tight oil both take a lot of energy to produce. Both have an EROEI around 5:1.

Oil (bunker fuel) used to power ships will be replaced by a combination of rigid sails, solar power, and hydrogen fuel cells.

Hydrogen shipping
It takes more energy to produce hydrogen as a stored fuel than you get from the fuel, so a hydrogen fuel cell is not a fuel source but rather just a big battery. But ships could load on enough hydrogen at ports to get them across the ocean in a reasonable amount of time. As fuel costs rise, there is also likely to be just less overseas shipping altogether as local production of goods will outweigh labor price arbitrage between rich and poor nations.

Oil and natural gas used to grow corn for ethanol won’t be replaced.

Oil and natural gas used to grow corn for animal feed and soda pop mostly won’t be replaced.

Nutrition-free calories
Oil and natural gas used to grow grains that are turned into processed food with little or no nutrition but that contain lots of obesity-making calories won’t be replaced.


China added a record 12GW of solar capacity in 2013.
Coal used to create electricity will be replaced by renewables.
This will happen even in China. The question is will it happen quickly enough. The US can hardly pressure/negotiate with China to reduce carbon emissions if we won't agree to do so ourselves. The good news is that China finally seems to be a teensy bit concerned that the air in Beijing is thick enough to cut with a fork and knife.

As outlined for natural gas, coal to generate electricity will be replaced in states with great sun and onshore wind first, states with offshore wind second, and states that love their coal industry last. Already the cost of shipping coal is higher than the cost of the coal itself for some states in the South. The cost of delivered coal nearly doubled between 2004 and 2011, and coal-burning power plants are under pressure because of the toxic substances and particulate matter they produce, as well as the greenhouse gases. The big coal burning states left are: PA, IL, IN, MI, OH, WI, IA, KS, MO, NE, ND, FL, GA, WV, AL, KY, TN, AR, OK, TX, AZ, CO, and WY. If you live in any of these 23 states, your electricity system has a lot of change ahead of it but the end result will be better for your lungs.

Coal, natural gas and oil used to power waste will not be replaced.

It would, of course, be quite expensive to replace all our current energy use with renewables over such a short time span. The good news is that we don’t have to—we only need to replace about half, since the rest of our energy consumption is largely waste in one form or another and much of it is easy to reduce. Admittedly waste is in the eye of the beholder, but other countries that arguably have higher standards of living than we do already manage to use half the energy per person as the US, showing that we have a great deal of energy fat we can burn off without much harm. 

Before we’re through this next decade of transition we will likely see:
--Square feet of living space per person drop from 1000 back to 500
--Vehicle miles traveled per capita drop from 9400 to 4000
--Vehicles per household drop from 1.86 to .56
--the percent of households with one or fewer vehicles will climb from 40% to 90%
--areas with more than 50 days/year of +105 temps or thirty days/year of +115 temps largely abandoned
--many coastal areas that have already experienced flooding due to storm surges largely abandoned or repurposed to wetlands and/or barrier islands
--most current trucks, SUVs and vans become recycled steel
--LED street lamps and bulbs
--elimination of most paid storage/self-storage units
--smaller refrigerators (16 cubic feet or less)
--resurgence of preserving, pickling and canning
--trips under a mile routinely walked
--trips under three miles routinely walked/biked/taken by transit
--3/4ths of all trips will be under three miles
--90% of trips by means other than personal car
--less in the way of imported foods
--seasonal, locally produced fruits and vegetables
--home and community food gardens (see great Guerilla Gardening video below!)
--truck farms and greenhouses again outside every major city
--food waste reduced from 40% to 5%
--much less beef consumed and less meat in general
--elimination of surface parking lots from most cities
Coming soon.
--most large malls abandoned or converted to other uses.
--most strip malls abandoned or redeveloped with housing, ground floor retail and no parking lot
--most things in your home that now say “Made in China” produced locally (and cost twice as much) or not available at all
--resurgence of intergenerational households
--most fast food, if it exists, will be local. National chains will dry up due to economics and distribution problems.
--Few ultra low cost national retail chains for the same reason.
--more small businesses and small business owners
--more repair shops for things we now throw away when they get old/break (watches, shoes, appliances)
Almost a lost art.
--most auto infrastructure turned into other uses—gas stations, auto dealerships, parking structures, parking lots, muffler shops, auto body shops, auto repair shops, etc.
--30% of US population employed in manufacturing or agriculture (up from 16.5% now)
--9% of population employed in retail or food services (down from 17% now)
--5% of population employed in healthcare (down from 10% now)
--small towns connected by rail to larger population centers doing quite well
--walkable, bedroom suburbs connected by rail to cities doing quite well
--fewer second homes/vacation homes or even separate retirement communities
--Las Vegas? It could disappear, or it could be retained as the one insane, ridiculously extravagant, energy-guzzling reminder of what we once were. (Nevada has little water but it does have excellent solar.) I’ll let you decide.
--much less in the way of cheap plastic stuff from China
--3/4ths reduction in non-nutritional calories consumed
--1/2 reduction in money spent on health care (not through Obamacare—real healthcare reform is still ahead of us)
--2/3rds reduction in prescription drugs consumed
--2/3rds reduction in money spent on higher education
--3/4ths reduction in golf courses (they will make excellent spots for local permaculture)
--1/2 reduction in money spent on defense
--1/2 reduction on money spent by the federal government overall

So by 2020 most people reading this article today will have a different form of space and water heating, will not use a personal car for most trips, will live within five miles of some kind of light or heavy rail (either by moving or by rail extending to them), will live within three miles of a store(s) that provide most of their provisions, and will grow some of their own food. They will get on a plane no more than once a year, if that. Some of their transportation will be powered by a lithium ion battery. Half will have solar PV and/or solar hot water panels on their rooftops. Sounds like a lot of change indeed.

Now you might be wondering, just where are we going to get the energy and raw materials to produce all the wind turbines and solar panels we will need? Well, first off, we have a heck of a lot of steel in the form of cars that will soon be jettisoned by households all over the country. (250 million cars x 3000lbs steel=750 billions lbs. The US currently uses about 200 billion lbs of steel a year, one fourth of it going to cars. A 1MW wind turbine takes about 200,000 lbs of steel, or about 67 cars' worth.) It takes much less energy to recycle steel than make it new from its component ores.

300K RVs=how many solar panels?
Secondly, all the money and energy that now go into producing automobiles, trucks, jet skis, powerboats, snowmobiles, RVs, auto parts, internal combustion engines of any kind, soda pop, ethanol and a huge percentage of pharmaceuticals can be freed up to manufacture solar panels, wind turbines, electric bicycles, regular bicycles, rail cars, and light rail cars. And since everyone will be buying less new stuff for a while (relying instead on repairing what they have or purchasing used items from local flea markets or Craigslist supplied by a steady flow of the contents of self-storage units) less new stuff will need to be made or transported, saving energy. Until we get through the transition, there will likely be less consumption of luxuries, especially those that require a lot of energy. Fewer trips to Disneyland, Europe and Las Vegas. (More camping and visiting relatives.) Less eating out, fewer vacation homes, fewer plastic surgeries. No more spending $1000 on a high school prom. (Holy Toledo, the average amount a high school prom attendee spends right now is $1139!) Young people seem willing to give up a car rather than cell phones or internet, so my guess is by hook or crook both of those will remain fixtures of American life, although I can’t see cell phone plans continuing to cost nearly as much as they do now.

And then there's all the money we spend on health care--close to 20% of every dollar spent in America! It is a hellacious amount of money, and all we have to show for it is a population of whom 70% are in chronic poor health. If we simply designed thirty minutes of walking into daily life and junk food disappeared, we could cut health care spending in half, people wouldn't need 2/3rds of the medical procedures, test or drugs they take, and Americans would be a great deal happier and healthier than they are today.
This is insane.

I know that most Americans (98%?) will think what I’m talking about here is nuts. Americans will never agree to such lifestyle changes so they simply won’t happen. Somehow someone will figure something out (!), and our energy-slurping, carbon-spewing way of life will continue blithely on. To those folks, I am an off-the-charts doomer whose negativity is at best un-American and possibly dangerous. I should stop ruminating on these matters and dose myself heavily with Xanax.

Happy Land.
A small (<1?) percent of the population who, through examination of the data, have become fatalistic about peak oil and/or climate change will think I am far too optimistic. From their perspective there is no way to achieve a civilization that operates within the planet’s ability to sustain us, or even if there might be, energy will run out and/or the climate will clobber us before we can develop it. These folks are certain near-term extinction, or at least total societal collapse and massive depopulation, is a done deal. Baked in the cake. Therefore it's not worth any effort to prevent what can't be prevented. Compared to these folks, I am a pie-in-the-sky rainbow and unicorn fantasist who should realize all her ideas about how to produce enough renewable energy to power a civilization are futile, perky, and annoying. But no one can be 100% certain that human beings face extinction in the next fifty years regardless of what we do now. Given the stakes--societal collapse and billions of deaths, many of people who haven't even been born yet--we all have a moral obligation to at least try to avert the worst, even if we believe the probability of success is very slight.

Me, I think there is still a path through this mess that doesn’t have to involve massive death and suffering. The technology and resources already exist; reorganizing ourselves to make use of them is within our reach. It won't be easy and it won't be cheap. However, it is still possible, if we get moving on it right now. As in immediately. In the end, what we face is just a transition, one that will inevitably involve some disruption, discomfort, and change. But with effort, intelligence, and willingness to adapt, it doesn’t have to involve misery, calamity, and the end of civilization. No one has to die; no one has to go cold or hungry. Will people die, will people go cold and hungry? If we continue to obstruct, obfuscate, deny and delay, then yes, death, misery and hunger--from 2020 until world population collapses to something under a billion people--are pretty much guaranteed. It will be a rough, rough road we send our children on if we take that path.

But say, instead, we don't wait until disaster strikes and it's too late. Say there's still an even chance the worst part of climate devastation can be prevented. Say we bite the bullet, roll up our sleeves, and get to work while there's still time. We stop burning coal; we negotiate climate/trade deals with China to stop them burning coal. We cut out waste; we electrify transportation, agriculture, fertilizer production, and heating; and we use ten percent of the energy we produce each year to build out renewable energy sources. After we’re done with the transition? Then I think many things are possible, and it could be a rewarding, exciting time to be alive. It all depends on how we manage the next ten years.

Note: if you want to understand more about oil price dynamics, this video is a great investment of your time: