“Jeremy Leggett asks why the cleantech revolution is proving more troublesome than the digital and internet revolutions”. The answer, in this article on Guardian Sustainable Business, is that traditional energy interests are defending the status quo with vigour.
Archive for February, 2011
Huffington Post: I find it encouraging to see American diplomats thinking like Silicon Valley visionaries when it comes to the role renewable energy industries can have in generating a secure and sane world a couple of short decades from now.
My article on Forbes.com setting out the implications of the oil crunch warning from the UK Industry Taskforce on Peak Oil and Energy Security report published today (see below).
“Revelations that the Saudis have overstated their oil reserves are a timely reminder of the huge threat to the global economy”. Jeremy Leggett in the Guardian.
A US diplomat is convinced by ex Saudi oilman Sadad al-Husseini that (potential) reserves have been overstated by nearly 40%, and that the world’s number one producer is “running to stand still” as a result of operational challenges. “Jeremy Leggett, convenor of the UK Industry Taskforce on Peak Oil and Energy Security, said: “We are asleep at the wheel here: choosing to ignore a threat to the global economy that is quite as bad as the credit crunch, quite possibly worse.”
“The financial crisis? We’re moving on. Oil? BP’s off the front page now. Climate change? Depends on who you listen to. It’s time to read the small print”, argues Jeremy Leggett in Sublime magazine.