PEAK OIL - The New Y2K or The Beginning of the Real End? Message Board

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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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To: kryptonic6 who wrote (730)	6/7/2005 9:44:18 PM
From: Mahatmabenfoo	of 1183

Jevon's paradox "The very contrary is the truth. As a rule, the new modes of economy will lead to an increase of consumption according to a principle recognized in many parallel instances…. The same principles apply, with even greater force and distinctiveness to the use of such a general agent as coal. It is the very economy of its use which leads to its extensive consumption…" I love it, and it is fascinating, but there may be an answer to it. Rationing -- by decree, or by the reality witnessed in the 1970s that the pumps were dry. - Charles

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