Wednesday, April 24, 2013

Peak oil not a worry, but don't worry: you can still worry

Interesting article on bloomberg.com about an analyst predicting "peak fossil fuel use" could come as soon as 2030. The piece starts off talking about how the catastrophic end of oil access isn't likely to come soon (as some members of my class fear) but it also notes that 80% of such fuels must remain in the ground if we are to avoid a climate-based disaster.

Fortunately other types of energy are gaining steam, if you will. By 2030, the analyst predicts that 73% of investments in energy will be investments in renewable energy. That's good news.

Will it be too little, too late? Tune in 20 years from now for the exciting conclusion.

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