I have played with Lego bricks all my childhood, something that sparked my curiosity and inventivity. But as they are made of oil, and the age of oil is going to an close. Plus climate change urges to act. So what to do ?
As odd as it might seem, oil prices at $60 are not making it any easier for Big Oil and the likes. The Financial Times published two articles on how coal, oil and gas are through tought times. Let us review them here.
When Bloomberg writes that in the United States “ Big Oil Is About to Lose Control of the Auto Industry ” you know there is something going on, especially when they rely on solid BNEF study and data.
While browsing CleanTechnica I found an interesting article on peak oil. According to a leaked military report from the German Bundeswehr, peak oil will occur this year and the consequences will be dramatic.
Among them are market failures and tremendous risks for democracy itself. As Cleantechnica notes “ it is unlikely that any nation would be unaffected by such crises. “ This is not exactly encouraging news.
Meanwhile, the US Army is also thinking about the risks of peak oil and may stop completely using this energy source by 2040.