Energy Net
Richard Heinberg, Post Carbon Institute
... There is a veritable cottage industry of economists and statisticians (including Daniel Yergin, Bjorn Lomborg, Peter Huber, and Michael Lynch) who tirelessly implore their readers not to panic over oil prices because The Market will always come to the rescue. As easy conventional oil depletes, tar sands, oil shale, and biofuels become more economic to produce. Even coal-to-liquids becomes feasible on a large scale. And, as everyone knows, there is an endless amount of coal.
energy oil peakoil energy.news
Would you like to comment?
Join Diigo for a free account, or sign in if you are already a member.