Peak oil has the power to stop economic growth and even cause economic contraction. If economic growth is going the way of the passenger pigeon (or numerous other species that have been lost to economic growth), shouldn’t we attempt to make the transition on our terms? Why wait until our behavior and policies produce disastrous consequences? The sooner we get to work on the transition, the more we can avoid the pain of a forced transition.

http://www.theoildrum.com/node/3759#comments

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