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Peak oil seems like a complete non-issue to me. As a resource, it is in such high demand that when we run out someone will step in with a replacement. There's s
by d2viant 16y ago
Peak oil seems like a complete non-issue to me. As a resource, it is in such high demand that when we run out someone will step in with a replacement. There's simply too many capitalists and entrepreneurs in this world to let that void go unfilled.
The primary reason alternative fuels haven't caught on yet is because they're not cost effective. As oil becomes a rarer commodity and it's price goes up, a replacement for the fuel supply will gradually emerge as being cost effective.
- Devilboy 16y agoThe problem is not running out of oil, the problem is that the price increases will increase the cost of living because so much depends on cheap oil.