The Oil Endgame
I just attended a presentation by Amory Lovins, the CEO of the Rocky Mountain Institute, on a plan to reduce the world’s dependence on oil and other carbon-based fuels within 15-20 years.
The good news is it can be done with an investment of around $10bn per year over the next 15-20 years. And the payoff will be reduced oil costs of $135bn.
The panel was well attended by VCs and politicians which means to me that there’s money in this and there’s votes in it too. If that’s the case, then let’s get on with it.