Thread: Peak Oil
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Old 01-10-2008, 12:44 PM   #41 (permalink)
Ustwo
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Quote:
Originally Posted by Baraka_Guru
How should we respond to this report from a major financial institution? Are we doing enough? Is it time to pick up this thread again at least?
Oil is finite unless we enter another carboniferioius era and have a few million years to wait. So we will run out. The fall of eastern block and degradation of Chinese communism has spurred on prices and hastened the date we 'run out' (damn you global prosperity, damn you to hell!) but it was still going to happen.

So other than spend the billions spent on alternative energy source development, what more do you want to do?

I know doom and gloom is the general feeling for this sort of thing, and there will be some gloom, but I think its quite exciting because as prices rise so does the incentive to make a viable alternatives.
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