Lars Thomsen User Offline Lars Thomsen
München,
Germany
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Date: December 04, 2006

New oil crisis will help alternative technologies

When we take a look at the big trends and issues of the 21st century, the future of energy and resources are among the dominating mega trends for the next 50 years:
 
While the era of fossil fuels is coming to its end, a new
mega industry is likely to emerge very soon. All mayor developments have a so-called “tipping point”, where certain factors meet and jumpstart a new
boom.
 
In the case of the hydrogen economy, we predict this point between 2010 and 2014.
 
Let’s explore the underlying factors: The major factor is the factor of resource: We don’t have much time to waste: In just 520 weeks, we will find ourselves in the year 2016. By that time, the third oil crisis is likely to
be a harsh reality. While most of the oil fields in production today are in the stage of “post peak” - oil production from these fields are gradually
declining every year - developing nations like China still double their oil imports every 6.8 years.
 
If we forecast on current data with pure mathematics and without any wildcards, this scenario calls for a new oil
crisis between 2010 and 2014. But unlike the ones 1973 and 1979, this one will not be over in just a few weeks!
 
Tune in again next week!
 
 
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