Peak Oil v Hydrogen
The Peak Oil theory maintains that world production of oil will soon reach a maximum, or peak, and decline thereafter, with great consequences. Some people of the theory argue that world oil production has already peaked, and is now in a terminal decline. This opened the door of Hydrogen and electric technologies, by companies like Gasfreedom.
Although, this sounds like a fairly reasonable proposition with the price of gas, it has been challenged on all grounds. While some critics have called it a myth, others have branded it as a money-making scam promoted by the business interests that are vested in the fossil fuel industry, in the business of warfare, and in the Wall Street financial giants that are engaged in manipulative oil speculation.
Regardless of its validity, the fact is that Peak Oil has had significant policy and political implication. It has also generated considerable reactions among various interest groups and political activists to save the world. Gore’s film "An Inconvenient Truth," a documentary on global warming, won an Academy Award this year. He had also won the peace prize. This brought an on slot of media attention to the man and the subject.
While the environmental activists have used Peak Oil to promote more vigorous conservation and more energetic pursuit of alternative fuels such as Gasfreedom.info “s Tesla Hydrogen Cell, the oil industry and its representatives in and out of the government have taken advantage of Peak Oil to argue in support of unrestrained extraction of oil and expanded drilling in the offshore or wildlife regions.
The constantly evolving newer and more efficient technologies are bound to further expand those limits far beyond the narrow, "natural" limits set by the Peak Oil theory. So look forward to the future and not to the energy that fueled the past.
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