Thursday, December 20, 2012

The Great Oil Swindle: why the new black gold rush leads off a fiscal cliff

Click here to access article by Nafeez Mosaddeq Ahmed from Ceasefire (UK). 
A recent spate of official reports from energy agencies are predicting a rosy future of economic growth underpinned by cheap oil abundance. However, as Nafeez Mosaddeq Ahmed shows, scientific evidence largely ignored by mainstream media confirms that while we have enough oil and gas to burn our way to climate catastrophe, the age of cheap oil abundance is a myth.