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Coal will play a huge role in the 21st century, albeit a far smaller role than many people think as it seems we are approaching peak coal far faster than anyone thought just a few years ago.

The upside being that climate change will be a far smaller issue than for example the gentlemen at the IPCC thinks. I for one don't worry that much about it anymore.

I wouldn't worry much about uranium either. The new prospecting increased reserves by 50 % in 2003-2005. If we could do that with oil and coal no one would be talking about peak oil or peak coal.

But I definitely think we must look very closely at the demand side.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Thu Jul 12th, 2007 at 06:15:58 AM EST
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