Panic warning as oil supplies run low

[madmelon]

Originally Posted by irlewy86

Yesterday's technology today. Other more efficent, cheaper and long term sustainable technologies are either in the pipeline or not far away. So why widdle billions of dollars away on an industry that just like coal spends more on lobby groups than technological advancement.

In the pipeline and not far away? That's what was said about electric cars 20 years ago! We still have virtually nothing which can replace a petrol powered car...

Same deal with baseline energy development- Nuclear might be "old tech" but it's not nearly as old tech as coal and is far more reliable and more available than wind, wave, solar, etc at the moment.