Branson warns that oil crunch is coming within five years
guardian.co.uk/business/2...il-close
guardian.co.uk/business/2010/f...-oil-close

Sir Richard Branson and fellow leading businessmen will warn ministers this week that the world is running out of oil and faces an oil crunch within five years.

The founder of the Virgin group, whose rail, airline and travel companies are sensitive to energy prices, will say that the ­coming crisis could be even more serious than the credit crunch.

"The next five years will see us face another crunch – the oil crunch. This time, we do have the chance to prepare. The challenge is to use that time well," Branson will say.

"Our message to government and businesses is clear: act," he says in a foreword to a new report on the crisis. "Don't let the oil crunch catch us out in the way that the credit crunch did."

(much more at link)

>> added by Vierotchka 1 month ago

143 responses | add a response
Over all, the sources of energy we are "used to hogging" are being depleted. OKAY, we got it. The real rub is in getting these leading business people to listen to new ideas regarding energy. Many give warnings, few give altenatives. Even less, consider new approaches. So what if the person with the new way of looking at things is NOT a businessman? Sometimes it's the one thing we DON'T try, that ends up being the only thing that could've worked. How would one get Branson's attention?
by Brotha_B | 2 weeks ago
| 1 responses
This planet has gobs of "fossil" fuels left yet enuff to last another 350 years. They just recently found that Haiti is over top a tremendously humonguous oil deposit. There's no need to panic. The birth rate has been falling in many countries. We're set for life. Change you can believe in uhm, it was last seen going down a very deep well.
by Gravity_Man | 2 weeks ago
| 1 responses
"Humongous?" If the numbers quoted are correct, that "find" will last about (I can't find the notebook with my computations at the moment I type this) twenty-six days.
by Walks_in_Storms | 2 weeks ago
| 1 responses
Well, perhaps they meant after wiping the floor with Russkies and Chinese I guess. They slipped and forgot themselves, went to shooting from the hip forgetting they're still this side of all that. But whatever, your calculator versus the tall blonde on TV still brainwashing people after 4 years now I think, she's drumming the numbers into everybody's soup dish.

Doggie dish? You don't stand a chance man. Mwah Hah Hah Hah Hah The masses know what they want, the bell tolling tolls for thee. We're cannon fodder. She's down the court, she's up, point blond!
by Gravity_Man | 2 weeks ago
Absolutely fascinated with "Gravity_Man's" remarks here, and everything else I've said here notwithstanding, I can't help noting that discussion concerning energy "crises" and the like (together with scores of other matters in the public's interest) is enormously naive. There is a tendency to believe - one obviously (to anyone paying that kind of attention) - encouraged, even induced, by the government and the corporations that own it, that all one must do to introduce an invention or the like is prove it works. Nothing could be further from the truth.

Imagine what would happen, should someone discover a universal cure for all illness (assuming one hasn't already been discovere, that is). Can anyone familiar with our country believe that the new cure would be adopted and made available to everyone? What, first and foremost, would happen to the "health care" industry and its profits? Taxes from the health care industry? The loss of power for those who regulate health care? What it the new medicine could be picked off a tree, grew in one's back yard? What if it could be grown from seed - what do you suppose the price of the seeds would be?

What applies to the wonderful medicine applies to all invention by individuals. It's called "capitalism" (and when it is, of course, it's a lie).
by Walks_in_Storms | 2 weeks ago
| 2 responses

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