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The assumptions that the report made about the supply of those resources were not. For example the original Limits to Growth had peak oil occurring in 1992, which obviously did not happen because the supply of oil turned out to be much greater than what the report thought. More amusingly, the review you linked to defends the report by noting that "The World3 model was not intended to be predictive". If this is true, what is the basis for the warning the group made in 1992 (according to the Greer article) that if the industrialized world does not launch a massive program to achieve sustainability within a few years, the chance to prevent industrial collapse and die-off will have been missed?
You can't have it both ways. You cannot on the one hand say that the report makes no predictions while simultaneously calling for a "massive program" to save the world. Before you can call for the world to be saved, you have to in fact prove that it is in need of saving.
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