Matt Simmons on oil prices
Bob Morris @ Jul 14th 2008 07:37 - Category: Peak oil, Renewable energy Tags: oil prices
He sees the biggest obstacle stopping us from going to renewables is the mistaken belief that oil prices are temporarily high and will drop. So rather than deal with the problem, we’re going on a witch hunt to see who is keeping prices up.
Even if we started drilling offshore everywhere now, we wouldn’t see the results for ten years. One big problem. All the offshore rigs are already in use. He thinks 5-7 years hard work in renewables like geothermal and wave power could “get us out of a very deep hole” but we need to start now. We also need to, among other things, eliminate long-distance commuting and grow food locally.
1 Comment »
One Response to “Matt Simmons on oil prices”
Leave a Reply
Comments subject to deletion at whim of capricious webmaster. Disagreements are ok. Flames, trolls, and right-wing attacks are not. If your comment doesn't appear immediately, then moderation is on, thus there's no need to re-send it.
(However sometimes the anti-spam programs here go awry. Email us if your comments seem to vanish into the void.)
Richard on 14 Jul 2008 at 1:55 pm #
Here is a rather long interview with Matt Simmons where he clearly details his ideas.
http://www.worldenergysource.com/newasf/wetv.cfm?vfile=wetv_energycrisis
enjoy.