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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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To: kryptonic6 who wrote (713)6/7/2005 11:17:41 AM
From: Jurgis Bekepuris  Read Replies (2) of 1183
 
>>>Most importantly, we're past the point where increasing fuel efficiency is going to do diddly shit.<<<

Any substantiation to this point or is this another of gloomy "I believes"? If it's based on the generic end-of-the-world peak oilers, it is still an "I believe". IMO none of them made a strong argument on what would happen if we did go the way of France and Japan.

My opinion is exactly the opposite. I pretty much agree that we need high gas taxes. This would make people drive less or more efficient cars. Alternatively (which is done to some extent), put a high tax on the gas guzzlers. If (and it's a big "IF") the taxes were spent for nuclear plant building + fusion research, this would be pretty good.

Optimistic Jurgis
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