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Jevon's Paradox also states that increasing the effeciency with which fossil fuel is utilized increased the rate at which it is consumed (and thus decreases the time to peak fossil fuel.)

The last point of the article seems problematic:

(5) The inherently lower EROI of renewable resources will not enable the same level of economic production and societal complexity as provided by higher EROI fossil fuels. This is because renewable technologies are based upon current flows of energy (e.g. sunlight, wind, waves), as compared to fossil fuels which are based upon stocks of energy stored over hundreds of millions of years.

The EORI of renewable energy sources, such as wind and tidal power, could be far greater than that of fossil fuels, as quality and life span improvements in the devices will increase the total power generated by a given investment over time. It might be an abomination to the finance community as once the initial cost of a windmill or water turbine is paid off, the resulting energy is almost free. But I suppose concerned investors could always hire hit men to go out and destroy generators that no longer require financing.  :-)

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Feb 13th, 2010 at 11:03:54 PM EST
[ Parent ]
ARGeezer:
It might be an abomination to the finance community as once the initial cost of a windmill or water turbine is paid off, the resulting energy is almost free

nailed. in. one.

there's a whole lot of kings going to see their crowns rolling on the floor when that happens.

ergo all the misinfo, all the time...

ARGeezer:

This is because renewable technologies are based upon current flows of energy (e.g. sunlight, wind, waves),

haha. nice try! big stupid...

use it as a metaphor for ideas, too. why use ones with no future, stuck in the past, (hey, it worked for granpa), when you can use/initiate ones that are generous in 'current flows', and infinite into the future?

keep spinning guys, your hologram is coming apart at the edges, but you don't see that, do you, as you're paid not to. time turning table...

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Sun Feb 14th, 2010 at 04:19:06 AM EST
[ Parent ]
It might be an abomination to the finance community as once the initial cost of a windmill or water turbine is paid off, the resulting energy is almost free.

They could always charge lower rates over longer periods of time if they're that worried. ;)

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Sun Feb 14th, 2010 at 09:29:10 AM EST
[ Parent ]
Had they more than one neuron they might consider all of the possibilities available with cheap energy--AGAIN!

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Feb 14th, 2010 at 09:38:41 AM EST
[ Parent ]

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