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7:55AM

A possible energy pathway

PETROLEUM COUNCIL: "Draft Report: Facing the Hard Truths about Energy: A comprehensive view to 2030 of global oil and natural gas," July 18, 2007 [13MB pdf]

I read the highlights in NYT and it seemed very sensible, suggesting a global tipping point on oil, whereby the cost of more production will simply force a migration off our current model. As I have written many times, I see the New Core leading this process, and with Honda's recent announcement on building a new model in China specifically for the Chinese market and partnering with a Chinese automaker, you get a clear sense of the pathway possible.

Thanks to John Shissler for sending this.

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