Friday, 21 October 2011

PEAK OIL BRIGADE ARE WRONG AGAIN

This article by Dieter Helm in the Guardian is well worth a read. He is saying that politicians have got it wrong by assuming that oil and gas prices are on an upward spiral, and therefore renewables will soon appear to be a cheap option. In fact the opposite could be the case and oil and gas prices may well fall, leaving the UK (and the West in general) stuck with unnecesary high energy costs.

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