There are four reasons for making this claim. Conservation in the Developed World is reducing demand even though growth in demand is occurring in the Developing World. We are discovering a lot more conventional fossil fuels by using new technology to add capacity. Hydraulic fractioning or fracking has expanded our ability to draw on natural
Read More…
Easily accessible oil and gas finds, usually referred to in the industry as conventional hydrocarbon reserves, are a thing of the past. Instead resource developers are increasingly turning to unconventional alternatives such as deep ocean exploration and extraction, the mining of bitumen deposits and oil shales, and the creation of oil products from biomass and
Read More…
Humanity has mastered fire and shaped it to become the means of our present civilization. But the burning of carbon-based fuels has enormous implications for the planet as our population grows, and as energy demands climb. We are in the throes of a paradigm shift around energy, how we create it and deploy it. In this chapter of 21st Century Tech we address our energy future.
