extracting few options

Gregor Macdonald:

Boy in the coal mineI am forecasting that the world will not successfully transition from oil to a broad basket of renewable energy and power sources over the next twenty years.

Instead, I strongly favor an outcome in which oil, the construction fuel for the global build-out of new power generation, becomes so expensive that the world becomes energy poor, and turns instead back to coal.

In case you hadn’t noticed, the process of energy impoverishment has already begun.

Those who would propose a successful energy transition over the next 20 years have failed to produce a holistic model that pays respect to both the history of previous energy transitions, and to the hurdles that lay before us.

When you’re impoverished you burn coal.