Dmitri Orlov makes a case. Excerpt:

The political challenges, in both cases, centered on the inability of the political establishment to acquiesce to the fact that a key source of energy (nuclear power or deep-water oil) relied on technology that was unsafe and prone to catastrophic failure. The Chernobyl disaster caused irreparable damage to the reputation of the nuclear industry and foreclosed any further developments in this area. The Deepwater Horizon disaster is likely to do the same for the oil industry, curtailing any possible expansion of drilling in deep water, where much of the remaining oil is to be found, and perhaps even shutting down the projects that have already started. In turn, this is likely to hasten the onset of the terminal global oil shortage, which the US Department of Energy and the Pentagon have forecast for 2012.

Translate “industrial accident” into Russian and back into English, and what you get is “technogenic catastrophe”. This term got a lot of use after the Chernobyl disaster. It is rather more descriptive then the rather flaccid English phrase, and it puts the blame where it ultimately comes to rest in any case: with the technology, and the technologists and politicians who push it. Technology that can and sometimes does fail catastrophically, causing unacceptable levels of environmental devastation, is no good, regardless of how economically necessary it happens to be. It must be shut down. In the aftermath of the Deepwater Horizon disaster, we are already hearing that expansion of deep-water drilling is “dead on arrival”. This could be the beginning of the end for the huge but dying beast that is the petrochemical industry, or more such accidents may be required for the realization finally to sink in and the cry of “Shut it down!” to be heard.
The energy industry has run out of convenient, high-quality resources to exploit, and is now forced to turn to resources it previously passed over: poor, dirty, difficult, expensive resources such as tar sands, heavy oil, shale, and deep offshore. Under relentless pressure to do more with less, people are likely to try to cut corners wherever possible, and environmental safety is likely to suffer.

Personally, I doubt that there is any technogenic disaster capable of convincing us that it’s better to cut back on our use of oil, and to forego the luxuries that come with it. We are philosophically and spiritually incapable of believing that we can’t have it all, right now.