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Distorted models suggest that far more fossil fuels can be extracted in the future than is actually the case. Diminishing returns affect all types of resources simultaneously. Wages do not rise enough to compensate for the higher costs. EROEI models equate energy extraction requiring a high level o...
ourfiniteworld.com
Distorted models suggest that far more fossil fuels can be extracted in the future than is actually the case. Diminishing returns affect all types of resources simultaneously. Wages do not rise enough to compensate for the higher costs. EROEI models equate energy extraction requiring a high level o...
ourfiniteworld.com