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Energy alternatives
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Middle East
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August 1, 2008
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Copyright informationCopyright International Communications Aug/Sep 2008. Provided by ProQuest LLC. (Hide copyright information)
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Can they make a significant difference?
DOOMSDAY SCENARIOS OF the world's oil supplies reaching a peak and then declining have helped to fuel financial speculation in crude oil and driven prices to record highs. They have also helped to raise expectations that alternative sources of energy - everything from ethanol and biodiesel to nuclear, solar, wind and coal - can provide substantial new supplies in the coming decades. But new research shows that such scenarios and expectations are misplaced. While the use of alternative fuels will grow significantly, it will fail to keep pace with global rises in demand. As a result, the world will need more, not less, crude oil, especially from Saudi ...
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