May 28, 2008

Humans and animals are still challengers to oil.

Sir although Daniel Yergin is absolutely right reminding about the disastrous effects of the price collapses [of oil] in 1986 and 1989 in "Oil has reached a turning point", May 28, it is much harder to agree that oil “seems to be losing its almost total domination in ground transport”, because of ethanol... since hybrids still run on oil.

In a world where cyclists and animal pulled carts are going over to cars and trucks, in many places, high oil prices, just makes humans and animals real alternatives again. Of course we could get some petrol out of coal, but, when push comes to shove, that is just another sort of oil, though perhaps slightly dirtier, no matter what the clean coal slogan says.