It is becoming painfully clear that solar power and wind power and geothermal energy can not meet the demand either. Thank goodness we've discovered what can be done with hydraulic fracturing (fracking) and horizontal drilling to increase the production of oil and gas, the only fuels that can meet the world's demand. See here for more information on oil and gas: http://geopetesview.blogspot.com/
Peter
The Biofuels Disaster: ‘Green’ Politicians Cause Another Food Crisis
July 20 2012
| 
The world is running short of corn. That is the message being delivered by the market, where on Thursday prices pushed above $8 a bushel for the first time. With no obvious abundance of international suppliers to make up for the drought-ravaged US corn crop and stocks close to record lows, traders and analysts believe demand must be pegged back.The biggest potential for a reduction in corn demand comes from the ethanol industry, which is using roughly 5bn bushels of corn, or nearly 40 per cent of the US corn crop, each year to make fuel for cars and animal feed. -- Financial Times, 19 July 2012
read the remainder of the article here:
No comments:
Post a Comment