Re: Re: “When the well runs dry” – Irish Times series
the main thrust of this article is sound, i.e. that a move away from carbon fuels is important.
The conclusion that oil is running out anytime soon is not clear at all. Despite the articles claim that less oil is being discovered, there are gargatuan amounts of known deposits . They are however very expensive to get at and will not become economic unless prices rise further.
It also fails to point out that the current high price of oil is almost entirely the results of three recent political events .
The election of “hug the state, screw the companies” chavez, the iraq war , and “i want, i want, i want, i want nukes” ahmadinejad “i want nukes if you didn’t know”
It is perverse , but President Bush has done more for the environment in toto than anyone else in living memory.