The End of Oil and Gas?
The great stupidity of Dieter Helm of University in Oxford
This crazy professor has written the book "Burn out - The Endgame for Fossil Fuels".
Never heard more nonsense.
It is true that we could have a lot more of Oil and Gas in the world, for the reasons put forward in the book. It is true that alternative energies are exploited. It is true that for "climate-change" reasons, we have to diminish the quantity of usage of oil and gas. And he predicts that industry will need for their modern products less of oil and gas.
All this may be true, but this paranoid person overlooks the following factors:
1. The replacement of the oil and gas industry is absolutely impossible due to the lack of cash, the indebtedness of banks and States and persons, and because it needed trillions to install infrastructures for other energies.
2. The poor countries including India, China, Africa, South America etc. cannot change in the next 50 years. They are bound to oil and gas.
3. In spite of spoiling grounds and water, the technology of Fracking will be continued and also the terrible getting the last drops deep under the Sea and near the north or south poles. It is true the prices will go down and Saudi Arabia and other States go bankrupt, but the most countries simply cannot get away from oil and gas.
4. The alternative energies like electro-cars are a huge bluff, since making run all one billion of cars by electricity and batteries, would destroy our resources and in addition come to an end because of missing Seldom Earths.
5. The Atom Works cannot be stopped, because it requires trillions of Dollars or Euros to have built them back. They will remain a must for many countries in our world for a long time still.
6. We are standing in front of the coming collapse of the finance industry, the bankruptcy of China, India, USA and most other lands. We simply cannot afford any new stupidity in the head of Dieter Helm.
And these are only half of all arguments against a schizophrenic mind in Oxford.
On top we have the endgame in view of the coming climate collapse, what is not a "climate-change" - but simply our fundamental weather conditions gone out of control and therefore some exponential increase in deathly droughts, floods, super-storms and monster-waves from storms in oceans.
In fact, Humanity has lost its race against the destruction of a planet and an craziness in debts amounting to 500 trillion dollars worldwide altogether.
We are dead - and don't know yet - about this FACT.
René Delavy - Berlin and Bournemouth
written on July 14, 2017