becoming competitive economically, they are becoming competitive (and ever more so) on a pure physical energy efficiency basis. The days of fossil dominance are physically numbered by this calculus.
@exergy_paul @dr_anneowen @librand3 @lukas_hardt Thank you for publishing this paper. Question re decline of fossil fuel ROI "will lead to constraints on the energy available to society" -- couldn't governments continue to massively subsidize fossil fuels like they do now?
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If governments continue to subsidize the fossil fuel industry, it would seem that (though wildly irresponsible and immoral) we would still have enough energy available to society through fossil fuels. Where am I wrong? Can you please help me to understand this?
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It’s to do with how much energy you have to use to get more energy. Not money.
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you.