Tuesday, October 06, 2009

Energy Tribune- Global Warming is Neither

As global temperature continues to fall over the next decade the world will wake up. This will eventually have deep and profound effects on energy markets. Hydrocarbon-based products will become more valuable. The value of alternative energy sources like wind, solar and bio fuels will collapse. In step with that collapse will be the demise of carbon credits originating from cap and trade policies. Just when this will happen depends of the severity of the next several winters. The depth of the cold of the coming winters will change the social and political climate in ways that only nature can orchestrate.

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