Why Your World is about to Get a Whole Lot Smaller

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Here's the question: will we decide to reinvest in a global economy and an infrastructure that keeps us bound to oil consumption for every dollar or pound or yen of wealth we produce? If so, we are committing ourselves to a damaging cycle of recessions and recoveries that keeps repeating itself as the economy keeps banging its head on oil prices. If we go this route, peak oil will soon lead to peak GDP. Or we can change. Not only must we decouple our economy from oil but we must reengineer our lives to adapt to a world of growing energy scarcity. And that means learning to live using less energy. While much could go terribly wrong in this transition, don't be surprised if we find more than a few silver linings in the process, like a solution to carbon emissions for example. And don't be surprised if the new smaller world that emerges isn't a lot more livable and enjoyable than the one we are about to leave behind. Either way, your world is about to get a lot smaller.