[lbo-talk] the petro-thusians have their moment

Doug Henwood dhenwood at panix.com
Tue Sep 21 12:08:16 PDT 2004


Michael Dawson wrote:


>"By 2030, predicts the Paris-based International Energy Agency, global oil
>consumption will jump to 120 million barrels a day from 82 million barrels a
>day now."
>
>Regardless of a supply peak, isn't this impending 50 percent jump in
>combustion a recipe for eco-disaster through global warming/ice cap melt?
>If that isn't already coming, won't this geometric boost bring it on?

That's my argument - the greater danger is burning what we have (41 years at current rates of consumption), not running out of it decades from now.

Doug



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