What Happens When the Oil Runs Out?
I would like to hear your opinion of this article, my dear friends:
What Happens When the Oil Runs Out?
I am not involved in the oil industry in any way, so some more insight from experts would definitely help. That said, I am more interested in far reaching implications of the decline in oil production. Cheap carbohydrates are the material basis of the modern day globalized society. Therefore, the human civilization will have to change as well. The author argues, that "a metamorphosis of human civilization from the global to the local, will be underpinned by building strong, resilient communities in which people share their skills and knowledge, to provide as much as possible at the local, grass-roots level." I wouldn't mind such a course of events at all but it sounds too optimistic for me.