While we’re waiting for our brothers and sisters in Lima to come up with a template for agreement in Paris next year, here’s a great story from Bloomberg about the demand destruction for oil. (See my post, “Houston, You’ve Got a Problem,” for some background.) If we keep on this trajectory for reducing greenhouse gases, an international treaty will be useful, certainly, but not essential. Continue reading
This graphic represents what Amory Lovins and the Rocky Mountain Institute think is a viable pathway to 0% oil use in the transportation sector. It is part of the brilliant Reinventing Fire scheme “…for running a 158%-bigger U.S. economy in 2050 but needing no oil, no coal, and no nuclear energy.” (I use Reinventing Fire as a textbook for my graduate class on clean tech.)
How do we get to zero oil use for transportation by 2050? Continue reading