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I'd be interested in the comments of subscribers to this list.
ken h
http://www.theglobeandmail.com/opinion/is-canada-ready-for-a-world-awash-in-0-oil/article30259443/
A draft federal-government study obtained by the CBC under an Access to
Information request, prepared by the government trend-forecasting office Policy
Horizons Canada, starkly makes the case that oil may be on the verge of
becoming almost worthless.
The researchers analyzed worldwide pricing and technology and policy trends
that are driving the price of non-fossil electricity sources downward at a far
faster pace than expected – along with surprisingly rapid technology-driven
decreases in the price of grid-level energy storage and alternative-energy
vehicles, manufacturing and heating. They found that we could be much closer
than we think to an era when renewable and alternative-energy sources become
significantly cheaper than fossil fuels.
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