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Wednesday, January 10, 2007

EU: Days of secure, cheap energy over

These kind of headlines are starting to show up pretty regularly now. You can see discussions like this on any given day in the news. In the United States it is still glossed over with a yawn and a comment about how the market or technology will take care of it "somehow." In the rest of the world, though, reality seems to be taken more seriously. Sometime, very soon I believe, awareness of this new reality is going to achieve critical mass and we are going to be living in a brand new world. We have used our hydrocarbon reserves to artificially boost crop yields and increase consumer goods production levels to such a degree that our population has attained unimaginable levels. Also, we have consumed hydrocarbons at such a high rate that we have managed to destabilize the climate. All of this, just as we are running into energy production limits. This is really going to be interesting.
[Link: EU: Days of secure, cheap energy over - Yahoo! News]

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