The words "bungee jumping with our future" comes to mind.
Arthur
-----Original Message-----
From: Ed Weick [mailto:[EMAIL PROTECTED]]
Sent: Friday, July 20, 2001 10:24 AM
To: [EMAIL PROTECTED]; Dennis Paull
Subject: Re: Political agenda of Kyoto
Dennis Paull:
> I beg to disagree. There is little dispute that the rate at which
> we are discovering new oil is soon to fall beneath the rate at which
> we are using it up. This may be reached, I have heard, within this
> decade. More importantly, when the cost of new oil approaches the
> its value, the price will escalate.
An article in Scientific American a couple of years ago argued that half of
all of the oil in the ground would be used up by 2010, and, given the rate
at which use is increasing, all of it would be used up by 2040. If I recall
what the authors said correctly, all of the natural gas in the ground would
last till late in this century. Oil sands would last much longer. I know I
have the article somewhere in my office, but can't lay my hands on it at the
moment.
I believe the authors were highly credible, experienced analysts. If what
they argued is true, we seem embarked on some kind of dangerous (and stupid)
self-immolation process. We are rapidly both using up our readily available
fuel and making the world far less habitable in the process.
Ed Weick
Visit my rebuilt website at:
http://members.eisa.com/~ec086636/
