Current Events — HabitableZone

Current Events » in reply to re: Low Oil Prices

Not enough time. We need lead time. The changeover will not happen as long as cheap oil is around.

In the VERY LONG run, certainly market forces will work it out. However, there will be incredible disaster in the meanwhile. We need to buffer the shock that will happen when the oil supply declines precipitiously. The best way to do that is to push up the wellhead price with tax to produce advanced market demand for alternative energy sources.

Log in or register to post.

The whole thread (16 posts)