Revi wrote:Yamani is famous for saying that the stone age didn't end because we ran out of rocks. I agree with him to some extent.
That was one thing he said. More recently, here is another.
Yamani, Geneva, Aug 11, 2010 wrote:Demand for oil will drop due to the growing availability of solar, wind and nuclear power as alternative sources for electricity, Yamani said during a recent interview with Kyodo News.
Although the transportation sector needs gasoline, the consumption of the energy will shrink ''step by step'' in light of increasing use of biofuel as well as hybrid and electric vehicles, he added.
In particular, the ''end of oil'' will come when it becomes possible to inexpensively produce hydrogen, Yamani said.
He said ''no'' to the question of whether OPEC can survive for another 50 years. Asked if the cartel will collapse, he said, ''Of course.''
Revi wrote:I have a feeling that the moped countries could pay $150 a barrel and stay afloat, whereas we are going to be in a world of hurt until we figure it out, move into towns and dump our cars.
Some of us already have, eh Revi? EVing down to the store, living close to work, certainly the transition has been afoot since the Jimmy Carter days, I think we just need the kicker, i.e. peak oil price effects.