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Topic: Governments will want their TAX ??? The solution is obvious but scary. - page 2. (Read 16215 times)

sr. member
Activity: 420
Merit: 250
Oil is renewable you're just not patient enough.
legendary
Activity: 1708
Merit: 1010
Consumption Rate is part of the equation but once on the downside, you can never reach the peak again.

I don't know much about Coal Reserves, but I do know we don't drive our cars and airplanes on it. It might be able to supply electric plants for a while for electricity. But I must assume, that since basic metals such as copper have passed its peak, coal must be close or has already passed it.

But Coal didn't get us here, Oil did, so once Oil goes so does society as we know it.

We are not past the peak in copper.  The prices for copper are more volatile than simply the cost of production, and very little of it is consumed in industry.  Most of it still exists in a refined form within electrical conduits everywhere.  The big cost driver for copper over the last decade is the increases in the construction demands of China and India.

Actually, we are, but unlike Oil, Copper is re-cycled and can sustain a market much longer. When it becomes a little bit more expensive, it will be like gold and be 80% recycled.

If the price keeps going the way it does, all people with forclosure proceedings could just strip the Electrical Wire out of their house, sell it and pay off the Bank.  Grin

Here is some interesting reading: Wikipedia http://en.wikipedia.org/wiki/Hubbert_peak_theory

It covers peaks on many materials.

I'm aware of the science, and I'm telling you that we have not hit that peak.  Hubbert's Peak has limited applications to resources that have a significant recycle use anyway, because it relates only to the economics of resource extraction.

And if it even apraaches the spot price in silver many of the major uses of copper (electrically related mostly) can be easily repalced by other materials.
hero member
Activity: 742
Merit: 500
BTCDig - mining pool
current consumption rate
The human obsession with growth renders any argument taking into account current consumption rates invalid.

it's 11:59 on plant earth Wink

proven coal reserves

I am sure that the real reserves are much larger.
Thats what they said about oil in the early 20th century when they used the current consumption argument to claim we had thousands of years worth of it left

Actually we do not have thousands of years.
50-70 years probably enough for completely switch to electric power in most areas.
So we a see more nuclear/gas/coal plants in the near 20 years (this already planed in most countries, no mater what 'greens' think and want).
But I hope ITER project will be successful in the same 20 years period.
wb3
member
Activity: 112
Merit: 11
^Check Out^ Isle 3
Consumption Rate is part of the equation but once on the downside, you can never reach the peak again.

I don't know much about Coal Reserves, but I do know we don't drive our cars and airplanes on it. It might be able to supply electric plants for a while for electricity. But I must assume, that since basic metals such as copper have passed its peak, coal must be close or has already passed it.

But Coal didn't get us here, Oil did, so once Oil goes so does society as we know it.

We are not past the peak in copper.  The prices for copper are more volatile than simply the cost of production, and very little of it is consumed in industry.  Most of it still exists in a refined form within electrical conduits everywhere.  The big cost driver for copper over the last decade is the increases in the construction demands of China and India.

Actually, we are, but unlike Oil, Copper is re-cycled and can sustain a market much longer. When it becomes a little bit more expensive, it will be like gold and be 80% recycled.

If the price keeps going the way it does, all people with forclosure proceedings could just strip the Electrical Wire out of their house, sell it and pay off the Bank.  Grin

Here is some interesting reading: Wikipedia http://en.wikipedia.org/wiki/Hubbert_peak_theory

It covers peaks on many materials.
legendary
Activity: 1708
Merit: 1010
Consumption Rate is part of the equation but once on the downside, you can never reach the peak again.

I don't know much about Coal Reserves, but I do know we don't drive our cars and airplanes on it. It might be able to supply electric plants for a while for electricity. But I must assume, that since basic metals such as copper have passed its peak, coal must be close or has already passed it.

But Coal didn't get us here, Oil did, so once Oil goes so does society as we know it.

We are not past the peak in copper.  The prices for copper are more volatile than simply the cost of production, and very little of it is consumed in industry.  Most of it still exists in a refined form within electrical conduits everywhere.  The big cost driver for copper over the last decade is the increases in the construction demands of China and India.
wb3
member
Activity: 112
Merit: 11
^Check Out^ Isle 3
Consumption Rate is part of the equation but once on the downside, you can never reach the peak again.

I don't know much about Coal Reserves, but I do know we don't drive our cars and airplanes on it. It might be able to supply electric plants for a while for electricity. But I must assume, that since basic metals such as copper have passed its peak, coal must be close or has already passed it.

But Coal didn't get us here, Oil did, so once Oil goes so does society as we know it.
member
Activity: 112
Merit: 11
current consumption rate
The human obsession with growth renders any argument taking into account current consumption rates invalid.

it's 11:59 on plant earth Wink

proven coal reserves

I am sure that the real reserves are much larger.
Thats what they said about oil in the early 20th century when they used the current consumption argument to claim we had thousands of years worth of it left
hero member
Activity: 742
Merit: 500
BTCDig - mining pool
current consumption rate
The human obsession with growth renders any argument taking into account current consumption rates invalid.

it's 11:59 on plant earth Wink

proven coal reserves

I am sure that the real reserves are much larger.
member
Activity: 112
Merit: 11
current consumption rate
The human obsession with growth renders any argument taking into account current consumption rates invalid.

it's 11:59 on plant earth Wink
hero member
Activity: 742
Merit: 500
BTCDig - mining pool
Why all think only about oil?  Too much noise from media maybe?

There are large reserves of natural gas and coal.
Coal can be very effective and environmentally friendly to convert to natural gas, using new technology.
Coal even cheaper than oil (at current market price) and more environmentally friendly.
Of proven coal reserves at current consumption rate will be enough for at least 120 years.
There is only one problem for some western countries: the Middle East countries do not have coal, and there is not so much coal in Africa.
sr. member
Activity: 434
Merit: 252
youtube.com/ericfontainejazz now accepts bitcoin
Quote
Governments will want their TAX Huh The solution is obvious but scary.

Oh Dear.  I hope the solution doesn't involve forking the bitcoin client into one that automatically sends a portion of every transaction to your friendly neighborhood gang, cause that's the only obvious solution I can think of.  Cheesy
sr. member
Activity: 420
Merit: 250
Quote
Nuclear cannot substitute fossil fuels, because fossil fuels are easily transported, hence we use them to transport stuff.  Until someone developes a battery with the same energy density, ease of recharge, and low cost of a conventional fuel tank, no other energy source will substitute for oil, upon which all developed nations are critically dependent.

Nuclear could produce hydrogen which would allow all conventional means of transportation to still exist. Just stick two electrodes into water. If we would run out of nuclear fuel well before we run out of hydrogen from water.(preferably sea water, cause we need the fresh water)

A from scratch nuclear hydrogen generator could make massive amounts of hydrogen because it could use heat from the nuclear reactor directly plus electricity generated and modern metallic catalysts.  While I think battery electric vehicles will advance enough to be usable in the next few years (mostly range issues currently), hydrogen fueled cars using internal combustion engines or fuel cells could replace gasoline in many applications. 

If we put the effort into it, nuclear could displace a substantial amount of fossil fuels.  That effort is not insurmountable, but would take five to ten years with a Manhattan Project level effort. 

I'm with you, it's just too bad this Japan crisis has got everyone so scared about nuclear power. Don't get me wrong it's got the worst potential damage but things like the BP oil spill are way more common and horrible in a slightly less scary / no zombies type of way.
legendary
Activity: 1386
Merit: 1004
Quote
Nuclear cannot substitute fossil fuels, because fossil fuels are easily transported, hence we use them to transport stuff.  Until someone developes a battery with the same energy density, ease of recharge, and low cost of a conventional fuel tank, no other energy source will substitute for oil, upon which all developed nations are critically dependent.

Nuclear could produce hydrogen which would allow all conventional means of transportation to still exist. Just stick two electrodes into water. If we would run out of nuclear fuel well before we run out of hydrogen from water.(preferably sea water, cause we need the fresh water)

A from scratch nuclear hydrogen generator could make massive amounts of hydrogen because it could use heat from the nuclear reactor directly plus electricity generated and modern metallic catalysts.  While I think battery electric vehicles will advance enough to be usable in the next few years (mostly range issues currently), hydrogen fueled cars using internal combustion engines or fuel cells could replace gasoline in many applications. 

If we put the effort into it, nuclear could displace a substantial amount of fossil fuels.  That effort is not insurmountable, but would take five to ten years with a Manhattan Project level effort. 
wb3
member
Activity: 112
Merit: 11
^Check Out^ Isle 3
Quote
Nuclear cannot substitute fossil fuels, because fossil fuels are easily transported, hence we use them to transport stuff.  Until someone developes a battery with the same energy density, ease of recharge, and low cost of a conventional fuel tank, no other energy source will substitute for oil, upon which all developed nations are critically dependent.

Nuclear could produce hydrogen which would allow all conventional means of transportation to still exist. Just stick two electrodes into water. If we would run out of nuclear fuel well before we run out of hydrogen from water.(preferably sea water, cause we need the fresh water)
sr. member
Activity: 440
Merit: 250
How does nuclear energy figure in to the Hirsch report?
If we built more nuclear reactors could we extend that a few hundred years and get rid of the bulk of the fossil fuels?

Nuclear cannot substitute fossil fuels, because fossil fuels are easily transported, hence we use them to transport stuff.  Until someone developes a battery with the same energy density, ease of recharge, and low cost of a conventional fuel tank, no other energy source will substitute for oil, upon which all developed nations are critically dependent.

At about 2:25, the guy in the video seems to negate peak U.S. domestic oil production. See http://en.wikipedia.org/wiki/File:US_Oil_Production_and_Imports_1920_to_2005.png and http://en.wikipedia.org/wiki/Peak_oil:
Expensive fossil fuel procures windmills and and solar panels and rations resources until energy become cheap. Fossil fuels technologies are not required for the existence of new energy sources. Rather cheap energy decrease pressure for development of new energy technologies.

The problem is that right now, 2011, NOTHING will substitute oil, not even all the alternatives put together.  So first some new technology needs to be invented.  Then it needs to be mass produced and distributed BEFORE the last easily obtainable fossil energy starts to be spent on wars defending the last easily obtainable fossil energy.

Exactly, we had power before we had coal plants.
It's just why bother if it's not worth it (economically) at this point.
I'm talking about the business point of view, not individuals that care.
Yeah, we had power before coal, alright, slavery. Wasn't that fun for all involved. [/sarcasm]
hero member
Activity: 527
Merit: 500
Someone should put this guy's theories to the test and lock him in a cell with nothing but 10 gallons of water and a party sub.  As his food sources are depleted, their value will rise and I'm sure that before he starves he'll discover new sources of nourishment* he didn't know existed before and he'll be better off than ever.

Someone should put this guy's theories to the test and isolate a bunch of people on a planet with nothing but the resources on it.  As their food sources are depleted, their value will rise and I'm sure that before they starve they'll discover new sources of nourishment they didn't know existed before and they'll be better off than ever.

A bucket of water and a sandwich are insufficient to sustain one human. you're argument does not follow. Give one man a plot of land and some seeds and we might have a valid analogy.
legendary
Activity: 1106
Merit: 1004
Someone should put this guy's theories to the test and lock him in a cell with nothing but 10 gallons of water and a party sub.  As his food sources are depleted, their value will rise and I'm sure that before he starves he'll discover new sources of nourishment* he didn't know existed before and he'll be better off than ever.

*eat shit dude

If this someone keeps suppressing his freedoms by keeping him in captivity he'll probably starve, of course. But if s/he stops being such an asshole criminal and let him interact with decent human beings and nature, he'll probably find a way to improve his life, you bet.

About the video, it proves the point that it's silly to panic about "we only have 60 years left of nuclear fuel! OMG! How will my grandchildren do?!".
Prices will push for better uses of scarce resources, if you just let people free.
legendary
Activity: 1708
Merit: 1010
Rats and cockroaches tend to be the wild game available in prison.
legendary
Activity: 1330
Merit: 1000

"We aren't running out of resources we're just finding substitutes for the resources we're running out of."

"Now watch as I pretend that oil at $150/bbl is as economically beneficial as oil at $2/bbl."

Someone should put this guy's theories to the test and lock him in a cell with nothing but 10 gallons of water and a party sub.  As his food sources are depleted, their value will rise and I'm sure that before he starves he'll discover new sources of nourishment* he didn't know existed before and he'll be better off than ever.

*eat shit dude
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