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Life requires energy. Oil is finite. Life powered by cheap oil is terminal. Without immediate and decisive action the 2008 crisis of unaffordable gasoline collapsing the banking system will replay in the 2020s.
The end of affordable oil has been known for a century:
1931: “I’d put my money on the sun and solar energy. What a source of power! I hope we don’t have to wait ’til oil and coal run out before we tackle that.”