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re: peak oil wrong

“Peak oil proponents point out that […] it will become too expensive and resource-intensive to produce meaningful amounts of petrochemical products from other known sources of oil”
“But it'll be climate change catastrophes [such as ..], and more expensive oil, not the fact that we're running out of oil, that will drive change," according to Schwartz.”
Why woud climate change be the reason for more expensive oil and not increasing scarcity?

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