For a minute there I thought I had to get off my couch, when all the while the fact is we don't have to do anything much but keep things afloat for just a few decades more! In fact, we'd best shut up about PO, because if our offspring finds out we knew about it all along, they'll turn and wring our necks come 2036!
Joined: May 10, 2007 Posts: 2732 Location: The Entropisphere
Posted: Fri Mar 07, 2008 1:17 am Post subject: FT explains peak ag and peak oil
Quote:
The broad story is of depletion. Most of the easily obtainable resource deposits have already been exploited and most usable agricultural land is already in production. Natural resource discoveries, where they continue to occur, tend to be of a lower quality and are more costly to extract. Meanwhile, the dwindling supply of unutilised land faces competing demands from biodiversity, biofuels and food production.
FT _________________ "Against stupidity the gods themselves contend in vain."
-Friedrich von Schiller
Posted: Fri Mar 07, 2008 4:05 pm Post subject: Re: FT explains peak ag and peak oil
A few tens of trillions of dollars here, a few tens of trillions of dollars there, pretty soon you're talkin' about real money!
Grim as this report sounds, they seem to think a mere application of (boat loads of) money will solve something as absolute as resource depletion. That's economists for you.
Posted: Tue Mar 11, 2008 10:38 am Post subject: Re: FT explains peak ag and peak oil
dohboi wrote:
A few tens of trillions of dollars here, a few tens of trillions of dollars there, pretty soon you're talkin' about real money!
Grim as this report sounds, they seem to think a mere application of (boat loads of) money will solve something as absolute as resource depletion. That's economists for you.
well, duh, low ag commodity prices that have been falling in real terms for generations means an under investment in ag production and infrastructure, so eventually demand overtakes supply. $12 wheat is equal to $1.69 per bushel in 1958! dumb economists? ) _________________ The organized state is a wonderful invention whereby everyone can live at someone else's expense.
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