Friday, March 27, 2015

Oil Drilling: another Seneca Cliff

http://www.bloomberg.com/graphics/2015-oil-rigs/




The concept of an impending "Seneca cliff" seems to be making inroads in the debate, even though it may not be given that name. For example, watch the animation above on "Bloomberg.com"


(h/t Joe Smith of the Doomstead Diner)

Who

Ugo Bardi is a member of the Club of Rome, faculty member of the University of Florence, and the author of "Extracted" (Chelsea Green 2014), "The Seneca Effect" (Springer 2017), and Before the Collapse (Springer 2019)