Monday, November 07, 2011

Peak Oil is still bunk

From the New York Times:

Renewable energy will rise[by 2035] as a percentage of energy used to 15 percent from 10 percent, but that will not provide for the growing demand. “The fossil fuel age will be extended for decades,” said Ivan Sandrea, president of the Energy Intelligence Group, a research publisher. “Unconventional oil and gas are at the beginning of a technological cycle that can last 60 years. They are really in their infancy.”



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