Friday, 4 February 2005

No oil? No problem.

Why we won't ever run out of energy, even if we run out of oil. As any reader of the Economist will tell you, any prediction that a commodity is going to become increasingly scarce in the past has usually doomed to failure.

What the article doesn't deal with, though, is that although the world is likely to become more electricity rather than oil dependent, that doesn't necessarily change the question of carbon dioxide and its impact on global warming.




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