Quote:
Originally Posted by scaeagles
I see it happening much sooner than the 10 year time line.
I agree on the endgame. But the basic functions of oil in terms of what it currently does for us are simply not going to be replaced that quickly. I'm a HUGE nuclear power proponent. Solar and wind? Love 'em. But how far away is it until those (or anything else) are providing for the primary usage of oil, being transportation? Much, much farther away than 10 years.
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Even the most optimistic proponents of offshore drilling say 10 years. When was the last time you saw any industry in this country get something done faster than the best-case-estimates? Based on history, I'd say doubling that to 20 years is generous.