| Nothing new to see here, move along. Just some wild speculation about lizard people and the short term future of energy supplies in the Guardian. Pent up demand, rising extraction costs, reducing ROI and EROI, an economy built on unlimited $30/barrel oil/gas, all leads to increased volatility. So what does the current UK gov do? Promote fracking and down play renewables. Yeah, that'll work. Well, it will work for the people selling fracking technology and their friends, perhaps not so much for the rest of us. http://www.theguardian.com/environment/earth-insight/2014/mar/28/global-market-shock-oil-crash-2015-peak   Ex govt adviser: "global market shock" from "oil crash" could hit in 2015 »A former oil man calls for renewable "Renaissance" to ward off shale dystopia [from: Google+ Posts] |
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[ 27-Apr-14 8:11am ]
