Quote:
Originally Posted by Snuffleupagus
In 2000, Sheikh Ahmed Zaki Yamani, former oil minister of Saudi Arabia, gave an interview in which he said:
“Thirty years from now there will be a huge amount of oil – and no buyers. Oil will be left in the ground. The Stone Age came to an end, not because we had a lack of stones, and the oil age will come to an end not because we have a lack of oil.”
http://energypost.eu/historic-moment...carbon-bubble/ |
It's a catchy quote but it is wrong when you do any analysis of it, because more importantly, the Stone Age did not end because humans stopped using stone.
Nor for the Iron Age, which also ended up thousands of years ago but today the world produces 3+ billion tons of iron ore a year.