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I will believe the Saudis don't see any upcoming problems with Ghawar when they cancel one of their projects due to low oil prices. If they continue to be full steam ahead with increasing their capacity then I think they are aware that Ghawar may not be as robust in 5 years time as they would like us to believe.

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Peakoil.com :: View topic - Cap and Trade--plan or scam?
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Cap and Trade--plan or scam?

 
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dohboi
Light Sweet Crude
Light Sweet Crude


Joined: Dec 05, 2005
Posts: 1427

PostPosted: Thu Oct 16, 2008 9:19 pm    Post subject: Cap and Trade--plan or scam? Add User to Ignore List Reply with quote

I was recently asked to speak to a local group about Cap and Trade. I am no expert on the nuances of different C&T proposals, but I have a deep skepticism of any scheme that proposes to save the world though greed.

What do other smart folks here think about C&T schemes? Is there something I'm missing? What are the alternatives?

Yes, I know, we're already totally f'd. But people want to hear about some plan, some way forward that might promise some glimmer of a chance of a future. What do we tell them?
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