Comment 105415

By mikeonthemountain (registered) | Posted October 16, 2014 at 10:34:15 in reply to Comment 105412

Well I'm not Ryan but one thought I can contribute is that the clean energy revolution is starting to ramp up under its own momentum. Oil is down on weakening demand and speculation shifting elsewhere. One example of shifting sentiment.

It's amazing. There are enough thinking ambitious people on earth, that we may actually shift our energy supplies before the last drop of oil runs out. One possible reason peak oil may not come true is because we get it together in time! George Bush announced a hydrogen initiative in 2003 and here we are at market emergence of EVs and FCVs.

So who cares why oil is down, good things are happening and should be focused on. It will take a couple decades for the public automobile fleet to turn over. But growing population won't magically solve the problem of congestion regardless of automobile type, so correct design of urban centers that will undergo intensification is still imperative.

I have no idea how much of this bears on the current oil price correction, but this capitalist is looking toward a bright future.

Comment edited by mikeonthemountain on 2014-10-16 10:46:25

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