US EditionPutting the Earth Back in Model Land
Summary by Art Berman
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Putting the Earth Back in Model Land
A friend sent me Doomberg’s latest takedown of peak oil with a familiar jab—“Obviously, I’m poking you”—since I was deep in that world 20 years ago. Doomberg’s point is simple: Hubbert’s model failed because it ignored how prices, technology, and human adaptation shift the equation. We didn’t run out of oil—we adapted. He sees energy…
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