Why Global Warming and Peak Oil are Irrelevant: "Which is why peak oil doesn’t matter. If oil runs out next year, or in the next decade, that will matter less than the rise of competitive sources of energy in the marketplace. Petroleum will go the way of whale oil, which in 1850 was the world’s fifth largest industry, [Amory] Lovins said. That powerful industry lasted precisely until coal-based oils provided a cheaper alternative to the common lighting fuel. You don’t hear much about whale oil anymore."
Saturday, October 13, 2007
Posted by Charlie Martin at 10:32 AM