Or the solution may come later than expected and be more or less by default. Some events are irrepresable. For example, a gallon of gas is likely to cost over $20 by 2020-and that's assuming that there's no great currency meltdown. At that price we will have a solution for peak oil. The solution will be that either we will have made serious progress towards alternitive energy or else most Americans will gradually be priced out of moterized transportation as the 4T progresses and America will use a lot less oil but the American standard of living at the dawn of the austre recovery to follow this will be undisputively third worldish for most living here.
I don't think that the deadlock is going to last for the whole 4T. I think that there will be a regeneracy. Nature will take its course as it does everyday in amongst other things, actuarial tables.