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The Road to Ruin — Part 3

Our leadership class displays an extraordinary amount of stupidity and ignorance when it comes to solutions regarding the dire energy crisis we face in Europe — and soon around the world. What are the pitfalls caused by this lack of imagination and the false beliefs surrounding topic of energy security? And more importantly, what could be done differently?

In the first two instalments of this series we have seen how the lifecycle of civilizations affected Europe and the entire West in general. Building a society on the belief of infinite growth was never a good idea and has always ended up with the same predictable results. In Part 2 we have reviewed the false assumptions behind our modern economic belief system, and saw how energy is the basis of all economic activity — not money.

Based on this understanding we can now take a hard look at the “solutions” proposed by our political class and economic experts all around the world. The one thing which could actually help them and their societies is rarely discussed though, and almost never dared to be imagined — but let’s not just get ahead of ourselves.

Drill, Baby, Drill!

My “favorite”. We need more oil, so out with those pesky regulations together with nit-picky officials and let’s get down to business! Frack the gas from underneath Europe, lay pipelines all across America, give drilling leases to everyone who has a desire to put holes into the ground — and all will be fine.

10,000 more feet to go… Image source

There is a tiny winey problem here — besides releasing megatons of carbon into the atmosphere in the process. We’ve run out of everything. Already in April. Steel pipes. Pumps. Sand. Water. You name it..

…click on the above link to read the rest…

Olduvai IV: Courage
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Olduvai II: Exodus
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