Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (248229)	11/12/2007 1:00:26 PM
From: Wharf Rat	Respond to of 281500

Hirsch Report. "I'm sorry; I meant to give people 20 years warning, not 3 months." Hirsch, per da Rat.... Of course, this was predicted several years ago in a now-infamous paper by Robert HIRSCH and Roger BEZDEK with the wonky title “Peaking of World Oil Production: Impacts, Mitigation & Risk Management,” known in peak oil circles simply as “the HIRSCH REPORT.” The study was commissioned by the Department of Energy, and the authors are highly respected researchers each with decades of experience working for the likes of the RAND Corp. and SAIC. Their conclusion? If we start intensive mitigation scenarios--and by that they mean the likes of the Apollo Project plus the Manhattan Project multiplied by ten--twenty years before the peak, then we have a chance of averting serious pain, because we’ll have some time to switch to alternatives and invest in efficiency. If we start at the peak, then we have a definite, unavoidable shortfall of energy for about twenty years, with a lot of chaos. And if we start 20 years after the peak, well . . . nobody wants to think about that. Let’s just say it’s ugly. As BEZDEK puts it, “There are no magic bullets, only poison pills.” Message 23435836 Peaking of World Oil Production: Impacts, Mitigation and Risk Management by Robert L. Hirsch et al. [ "Waiting until world conventional oil production peaks before implementing crash program mitigation leaves the world with a significant liquid fuel deficit for two decades or longer," according to a report prepared for the Department of Energy's National Energy Technology Laboratory (NETL) by Science Applications International Coporation (SAIC). Below is the executive summary and a link to the full 91 page report. ] energybulletin.net