Using oil money to develop alternative energy is smart. Eventually the oil will run out. Plot your course while there's adequate capital to do something about it.
Abu Dhabi plots hydrogen future
By Richard Black
Environment correspondent, BBC News website
The government of Abu Dhabi has announced a $15bn (£7.5bn) initiative to develop clean energy technologies.
The Gulf state describes the five-year initiative as "the most ambitious sustainability project ever launched by a government".
Components will include the world's largest hydrogen power plant.
The government has...(complete article here).
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2 comments:
I'm all for finding cheap energy. But, I don't get the math behind oil ever running out.
BWH: Probably not in our lifetime, but it is a limited supply in a world of growing demand.
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