Digging into environmental topics that matter.
Tag: 21st century
New oil crisis will help alternative technologies
Date: December 04, 2006, posted by Lars Thomsen
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!
More information about Lars Thomsen www.future-matters.com
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.
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.
crisis between 2010 and 2014. But unlike the ones 1973 and 1979, this one will not be over in just a few weeks!
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