Better Way to Save the Earth Than Starving People?
We Are Smarter Than That! A friend sent me a fascinating PowerPoint presentation on how gas will probably hit $11 a gallon before too long. (It's from Mathew Simmons' Energy Investment Bank. ) I like it! Plus I'm dreadfully afraid it's true. So then after gasoline hits $11/gallon and natural gas $25 per MMBTU, water will go up, food following in lockstep. Minimum basic food will be entirely too expensive for a billion people to buy. So they will starve. Seriously, starve to death. Billion; that's a thousand millions. Puts earthquakes and Cyclones to shame. I liked the PowerPoint presentation, and I think that Simmons Energy is right. They point out that this is not all bad. The good side effect is declining hydrocarbon use - good for the climate. Still it's a painful way to get there. Well designed, fairly enforced government incentive programs for lower energy use might do the same thing without driving so many individuals and companies to ruin -