Energy Crisis, A Discussion with Matt Simmons
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Amidst skyrocketing oil prices, considerable financial activity in the oil market, and increased gas prices, producing and consuming nations alike are concerned about efficiency and supply. The problem, notes Simmons, is not strategy; it is having a game plan for execution. In the interview, Simmons focuses beyond “peak oil” and looks at the immediate nature of the energy situation, examining both near-term solutions and long-term ones. Focusing on renewable sources, Simmons points out the current production from these sources is roughly 1.50 percent, but that 1.50 percent is nonetheless a significant contribution. He then explains the actual potential to be unlocked in energy produced from wind and geothermal and the importance of distributed generation.
| Credits: | World Energy |
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| URL: | http://www.worldenergysource.com |
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