Tuesday, April 30, 2013

World Approaching ‘Peak Fossil Fuels’ . . . ???

Here’s the lead paragraph from a Bloomberg.com item (reporting on its own NEF unit):

Every time an iPhone is charged or an episode of “Mad Men” plays on a television, puffs of vaporized carbon join the atmosphere, products of power-plant combustion. And every year the world demands more. That era may be nearing an end, as the world approaches “peak fossil fuels,” a phrased used by Bloomberg New Energy Finance founder Michael Liebreich at the group’s annual conference.

. . . this graphic goes with it –

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Source: http://electricalcontractor.com/?p=9422

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