Drill Baby Drill: Why it Won’t Work for Long-Term Energy Sustainability
October 31, 2012
Global fossil fuel consumption has accelerated rapidly over the last few decades, requiring an enormous stream of resources to meet even current demand. Claims that future demand can be met simply by opening new areas to exploration and increasing production of relatively new resources like deepwater oil, tar sands, shale oil, oil shale, and shale gas ignore both the scale of global fossil fuel consumption and technical challenges of producing such resources at a sufficient rate.
This is a chapter from The ENERGY Reader: Overdevelopment and the Delusion of Endless Growth (2012).
This chapter summarizes the core concepts underlying what ultimately became the ten-year Shale Bubble report series.