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Contact:
Foundation for Economic Growth,
P.O. Box 10-282,
Wellington, N.Z.
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The Foundation for Economic Growth is a group of like-minded individuals who have decided to act rather than accept New Zealand's continuing poor economic performance. The Foundation is not affiliated with any political party. Add Your Comments Here.

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Most recent update: Nov 19th, 2009 - 11:07:39

Green Thoughts : Peak Oil
Peak Oil And All That

We will never run out of oil, it will just become more and more expensive as it becomes more difficult to extract and we will develop new technologies to provide what we want at prices we can all afford.

The capitalist system and the entreprenurial spirit has done this sort of thing for us for hundreds of years to bring us to our current level of wealth.

There is no reason to think that it will stop now - unless our socialist friends can find some way to stop it.

Of course to benefit fully from the next wave of inovation to sweep the world we will need to be able to afford it so it will help if we are still a first world country and haven't sunk too far towards the third world.


Oct 14, 2005, 16:22