ENERGY: Singularity on hold?

From: Robert J. Bradbury (bradbury@aeiveos.com)
Date: Fri Jun 13 2003 - 09:36:05 MDT

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    Here is a URL provided by Dave Kekich to me regarding about
    a talk given by Matthew Simmons, regarding the potential for
    a near term peaking of oil production. Also discussed in
    the article and on the site's home page are limits in gas
    reserves.

    http://www.fromthewilderness.com/free/ww3/061203_simmons.html

    Now what is interesting about this is that if Simmons is
    correct the world may hit the energy supply wall hard in
    the not-so-distant future. If so that may significantly
    delay the singularity ramp-up (significantly higher energy
    prices mean less funding available for govt. grants, private
    investors, etc.).

    Knowledge of this may also explain why the U.S. has a
    significant program, funded by the DOE, to make use
    of coal as an energy resource in spite of the fact that
    it is such a dirty energy source.

    Robert

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