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RE: Climate Change: Factors Ignored by the Mainstream
have you notice the mainstream media never mentions peak oil ? its because our economic system is based on growth
have you notice the mainstream media never mentions peak oil ? its because our economic system is based on growth
It has to grow or the debt will cause a deflationary vortex. I am not sure if peak oil will be an issue or it. It definitely could be. I just wonder if renewables will come on strong enough before then to cushion the effect and take over some of the energy production.
when it comes to oil people only talk about the supply side, not the demand. Even if its true we have 100 years of oil , it will be the remainning few decades that will be a struggle . That 100 year figure was from ten years ago
Also just because the oil doesn't actually run out doesn't mean it won't become prohibitively expensive. I am sure the future will be interesting.
so say the 2008 spike was due to the bush stimilus