Oh dear....peak oil.
Nov. 10th, 2009 01:07 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
johnny9fingershttp://www.guardian.co.uk/environment/2009/nov/09/peak-oil-international-energy-agency
Hmm.
The US has been living on borrowed time for quite a while. Now all its chickens are coming home to roost. I suppose it's bad luck it should be on Obama's watch, but this was going to happen no matter who was in charge. How will the US cope, when it all unravels? In terms of research the major corporations are....a trifle backward when it comes to other power sources. The investment in the internal combustion engine, rather than any alternatives, has been almost total. Driving a car is going to be a lot more expensive, and air-travel so costly as to be prohibitive and only for the rich.
And unless we find another convincingly stable power-source, the era of cheap personal transport shall wither and die. Probably in my lifetime.
Hmm.
The US has been living on borrowed time for quite a while. Now all its chickens are coming home to roost. I suppose it's bad luck it should be on Obama's watch, but this was going to happen no matter who was in charge. How will the US cope, when it all unravels? In terms of research the major corporations are....a trifle backward when it comes to other power sources. The investment in the internal combustion engine, rather than any alternatives, has been almost total. Driving a car is going to be a lot more expensive, and air-travel so costly as to be prohibitive and only for the rich.
And unless we find another convincingly stable power-source, the era of cheap personal transport shall wither and die. Probably in my lifetime.
