Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (23846)	10/19/2010 8:45:01 PM
From: Eric	Read Replies (1) \| Respond to of 86355

Tim The world is over the "top" of the curve on fossil fuel energy. If it could scale to "the moon" I wouldn't be worried. But where do we go now for liquid fuels..? A hint... over 40% of new discoveries are in deep water now. Not dry land! The costs... It's a scary subject.. Much more expensive than drilling on dry land. Unfortunately I don't think we can scale renewables fast enough to make up for depletion in fossil fuels in the world. The Chinese will win that one I'm afraid because we are going to be late to the game. Notice I said "the world". Let's come back in 20 or so years and see if fossil fuels are cheaper. (don't take a bet on that one my friend!)