I have commented on several recent occasions that we are NOT running out of oil and never will. I have gotten some significant push back from the climate change people whose agenda is getting us off fossil fuels and using renewable energy. While I can sympathize with a point of view that says we are destroying the earth I see no evidence to substantiate the premise. Is CO2 increasing? Evidence says yes but the correlation between increasing CO2 and global warming has not been proved to my satisfaction. Are glaciers melting? Some are, some aren't, but since there are 160,000 glaciers and scientists have only measured a small percentage of them I doubt that they can conclusively say that all glaciers are melting. Are sea levels rising? Yes. When I was at the beach the sea level rose every 12 hours and then it fell back. With all the variables in the ocean between wind and weather and tides how can anyone say a particular sea level is rising? Besides, aren't they all connected? But I digress.
Fossil fuels as a group are coal, oil and natural gas. Used for power, transportation fuels and heating, these are the least expensive fuels to support our industrial society and our lifestyle. Do we want to give up that lifestyle? I doubt it. At least I don't. Do we want to pay more for that lifestyle? No, at least I don't. So as long as we don't or won't give up that lifestyle then the cheapest available fuels will drive that. As fuels become scarcer Economics 101 says the price will adjust accordingly and rise. As that price rises the alternatives will look better be they solar, geothermal, biomass, wind, tide, hydro or cold fusion. The market will decide. Government will not make it so.
Fossil fuels as a group are coal, oil and natural gas. Used for power, transportation fuels and heating, these are the least expensive fuels to support our industrial society and our lifestyle. Do we want to give up that lifestyle? I doubt it. At least I don't. Do we want to pay more for that lifestyle? No, at least I don't. So as long as we don't or won't give up that lifestyle then the cheapest available fuels will drive that. As fuels become scarcer Economics 101 says the price will adjust accordingly and rise. As that price rises the alternatives will look better be they solar, geothermal, biomass, wind, tide, hydro or cold fusion. The market will decide. Government will not make it so.
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