Wall Street Journal- November 13, 2008
So basically the world has to invest trillions of dollars a year in new energy to maintain supply over the next twenty years or so. All the discussion now about trying to save money and not convert is a waste of time and frankly it's ignorant because there will be catastrophic consequences if we do not change our energy now. It's fact that oil will run out one day, and when that day comes our cars will no longer run. And when our cars run dry we wont get to work. And when we don't get to work the economy crashes. And when the economy crashes it effects the whole world.
http://royaldutchshellplc.com/2008/11/13/iea-says-fading-oil-production-threatens-supply/
It could be worse
Monday, December 1, 2008
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