Running out of oil.

“Economists and politicians continually debate policies that will lead to a return to economic growth,” the authors note. “But because they have failed to recognize that the high price of energy is a central problem, they haven’t identified the necessary solution: weaning society off fossil fuel.”

This weaning will require a large deployment of efficiency measures, nuclear power, and renewable energy sources. All of this will take time, which is why efforts need to be started now..

http://arstechnica.com

“Economists and politicians continually debate policies that will lead to a return to economic growth,” the authors note. “But because they have failed to recognize that the high price of energy is a central problem, they haven’t identified the necessary solution: controlling the fossil fuel.”

This weaning will require a large deployment of troops and other weapons of war. All of this will take time, which is why efforts need to be started now..

FTFY.

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