Tuesday, March 01, 2005

It's the infrastructure, stupid!

Energy investment banker Matt Simmons, long concerned with a possible peak in world oil production, lays out a nuanced case here for why oil reserves aren't the only reason for concern. Inadequate energy infrastructure is likely to play a major role in rising energy prices and may become part of the reason for a peak.

(Comments are open to all. See the list of environmental blogs on my sidebar.)

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