Leading expert Richard Hindburg has predicted that oil prices will go over $200/barrel in 2 years (I predict much sooner than that) as global oil reserves have already peaked and production will (or already has) started to decline. The only answer to this situation is to redesign the economy to use less oil and allow the use of alternate technologies where oil or any other non renewable resource is not allowed.
But will our money based governments and economies allow such a drastic change to occur?
No comments:
Post a Comment