Quote:
Major hydro projects are hardly a panacea to Peak Oil. Out of the total 300-500 exojoules of primary energy the world consumes annually only about 2% of that from hydro generation. That can be expanded but only by a couple percentage points.
Therefore major hydro projects are really questionable investments.
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That's quite a non sequiter. Hydro may not solve the energy gap, but to call it a questionable investment for this reason is off base.