Oil is a Rank Obscenity - Page 2
True, this cannot be accomplished over night, but if we are diligent and resourceful, "Big Oil" and fossil fuels, such as coal, can be phased out within the next 50 years. In fact, the effects of global warming will brook no delay.
Moreover, we will run out of oil in the not-to-distant future, anyway.
All but the three largest suppliers of oil: Saudi Arabia, Iraq and Kuwait have already passed the point of peak oil production and each of these three countries are estimated to reach peak oil before 2020.
Oil reserves are rapidly diminishing due to exponential demand, especially considering the rapid rise of highly populated, emerging nations such as China and India. S
hould we, as a people, drag our feet until the price of oil increases five-fold or ten-fold, threatening all of the world economies, and summoning truly apocalyptic visions?
I only hope all governments fund research into cleaner energy and that they give major incentives to those companies and individual families that go green. Thank God for Nissan, which is now producing an affordable electric car. Let’s continue that trend. After all, our planet depends on it.
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