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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Seeker of Truth who wrote (57100)	10/30/2009 3:14:30 AM
From: Seeker of Truth	Respond to of 218199

Gradually the world's supply of oil shrinks. We can slow this process down by charging up the electric car at night time when the grid energy would be wasted otherwise. However it will take some time before most cars are electric. I suppose that oil companies are a fairly good investment now, but maybe not a great one.

To: Seeker of Truth who wrote (57100)	10/30/2009 3:51:35 AM
From: Maurice Winn	2 Recommendations Read Replies (1) \| Respond to of 218199

SoT you are assuming that things just carry on as previously. Don't forget Peak People in 2037. Don't forget huge technological developments. Also, even with no population reduction and with INCREASING carbon burning, there is so much coal and tars such as in the Orinoco basin that it would be hundreds of years before inventories dwindle. <In the longest run, our carbon source, including the tar sands, will be exhausted and the grid will get its energy from wind, hydropower, geothermal, etc. > Photovoltaics or crops are more likely to provide the energy than those sources you mentioned. It's even possible that fusion reactions will provide the energy. For a long time yet, carbon combustion will be one of the most economic energy sources in most places. Maybe CO2 emissions will become a problem but that can be fixed if it does and not at a huge cost [something like 25% extra cost]. Mqurice