Post Carbon Institute Fellow Rob Hopkins gives us the hard facts that we are running out of oil and it is taking immensely more energy to extract the oil that remains. Can technology solve the impending crisis? How shall the transition proceed? This talk parallels many of the observations of Hopkins' earlier paper, entitled "Searching for a Miracle," both of which should serve as a wake up call for massive conservation efforts. We need to be "loving and leaving all that oil has done for us," and getting ready for the transition:

The fundamental disturbing conclusion of the report is that there is little likelihood that either conventional fossil fuels or alternative energy sources can reliably be counted on to provide the amount and quality of energy that will be needed to sustain economic growth—or even current levels of economic activity—during the remainder of the current century. This preliminary conclusion in turn suggests that a sensible transition energy plan will have to emphasize energy conservation above all. It also raises questions about the sustainability of growth per se, both in terms of human population numbers and economic activity.