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[h=2]RIP: Peak Oil - we won't be running out any time soon[/h]http://www.theregister.co.uk/2012/02/23/peak_oil_is_dead_citigroup/
[RIP is in the title of the article. One rule says use the title, one says RIP is reserved for dead people. Went with rule 1, hope that's right].
Anyway, I wouldn't say it's time to drop all sustainability planning just yet, but it is good to hear that we're not on the verge of collapse. Until synthetic hydrocarbons or some other form of safe, renewable energy is developed, this is a nice buffer on available oil supplies. Plus, it takes the heat off of drilling in places like ANWAR, where the value of maintaining some of the last few pristine pieces of land is a high price to pay to get another few years of leaving the lights on without caring about it.
Not that I don't like the idea of energy efficient hybrids, efficiently designed buildings, and well planned public transport -- all great ideas -- just that I like my fast v8 and I'm not ready to give it up to live in a tree just yet.
Hey Boo, your link just goes to a subscription page.
I think I'll hold off on cheering until we see our energy imports drop after recovery from the recession, and how many groundwater sources are contaminated in the process.