Sunday, April 5, 2009
The Last Oil Shock
You really need to read this book. If you don't want to buy it, you can probably borrow it from your local library (like I did).
It's easy to read, doesn't have too many formulas and figures (just enough to back up the point being made) and flows very well. The conclusions are pretty impressive.
Covers such topics as:
- Why the oil supply can run out long before the oil in the ground is gone
- Specific research into reserves, and why the oil peak has already happened and supplies are in decline
- Economic consequences of high oil prices
- Debunking the Hydrogen-car myth. Hydrogen needs so much electricity to produce, there isn't enough energy in the world to allow us to swap to H2 and still drive the same amount of miles
- The vulnerability of our economies to high oil prices, particularly food. Much of our food travels a LONG way to our supermarket shelves, and if the oil price doubles, most of it will be un-affordable
If you don't start your own electric-conversion after you read this book, you should!