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

To: russet who wrote (62662)	1/12/2015 8:25:27 PM
From: Maurice Winn	Respond to of 86355

There is a vast amount of tar, coal, gas and oil in the ground which is quite accessible at $120 a barrel oil equivalent. At $100 a barrel, many other technologies become attractive, such as insulation, nuclear reactors of various types, wind turbines, photovoltaics, biofuels, moving closer to work, using couriers instead of driving somewhere, doing more things by Cyberspace instead of in 3D, using Google autocars [Uber style] instead of owning a car or wasting time on public transport, using electric cars, with battery swaps, and Halo, wearing warmer clothes, moving nearer to the equator if too cold, or further from it if too hot, using small things instead of large things. People won't pay $100 a barrel if they can do something else for $20 a barrel equivalent. The so-called problem of CO2 emissions will be solved by people refusing to pay $100 a barrel and doing something else instead. A few decades ago, there were silly Club of Rome fears of a Malthusian population explosion. Now people are moaning about falling populations [of useful people]. Peak People will be in 2037 according to the world's foremost expert [predicted years ago]. Peak CO2 production will be the same year. A few decades later CO2 concentration will be falling and crop production will start reducing. Not that it will matter much at all though it won't be great for the biofuels business, which might be uneconomic anyway. As Sheik Yamani said decades ago, the world won't run out of oil, just as the world didn't run out of stones at the end of the stone age. New technology comes along. Mqurice