User 161473

Investing Into the End of the Hydrocarbon Age

Jim,

Another good article. The amount of money that is going to go to oil exploration over the next ten years is going to be astronomical. Matt Simmons thinks it will be over a trillion dollars which the bulk of it going to maintaining the current infrastructure. How many solar panels could we produce with a trillion dollars? How many wind turbines, geothermal plants, ect with a trillion dollars? At what point do we start to view the entire energy complex different?