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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (67020)	8/5/2005 6:51:29 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 74559

The 2 problems can't be separated, or at least the solutions for both tend to be the same. Biggest substitute for oil right now seems to be coal. More CO2. I'm not sure we aren't at some sort of Hubbert's Peak for overall energy right now. Not the right term, and actually a plateau, but it seems to me that energy has just about hit the wall, from a combination of lack of extraction capacity, the ability to refine that source (ain't a lot of spare refinery capacity at the moment), and the ability to get the fuel to the generators.; US coal is sort of maxed out because of railroad bottlenecks. India is pushing it to the max; one generator had zero days of coal reserves a few weeks ago. China was short enuf that about 7000 businesses in Beijing were shut down a month or so ago, just to save energy. It's gonna be a while before we can produce significantly more energy. Maybe call it Rat's Energy Plateau.