 | Locabucks: Are local currencies a way to escape the liquidity trap ? | The Oil Drum: Australia/New Zealand | The Bullroarer - Tuesday 14th October 2008 |  |
4 comments on The Bullroarer - Monday 13th October 2008
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4 comments on The Bullroarer - Monday 13th October 2008
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Peak oil isn't going to go away either, but the economic assumptions on which the ETS is based ignore peak oil. The Rudd government is hoping that peak oil will go away.
Coal is the real problem and that isn't going to disappear anytime soon unfortunately...