Cheap energy no more, IEA says

[Viva_La_Revolution]

Source: UPI

LUXEMBOURG, April 22 (UPI) -- The global energy sector will have to kick into high gear to meet soaring demand, the IEA said as it warned of the end of cheap energy.

The International Energy Agency warned that it won't be easy to reverse the rise in energy prices because it's getting harder to access and exploit conventional resources.

"The age of cheap energy is over," said IEA Executive Director Nobuo Tanaka in a statement from Luxembourg.



Read more: http://www.upi.com/Science_News/Resource-Wars/2011/04/22/Cheap-energy-no-more-IEA-says/UPI-35301303479494/

[Warren Stupidity]

1. Ah, since "peak oil" is taboo, we now call it "cheap energy". nt.

[Wilms]

2. That headline could be 35 years old.

[Vinnie From Indy]

3. I hope this statement included a forceful call to take subsidies away from big fossil fuel and

give it to alternative energy developers. The fact is that "cheap" energy could once again be part of the future of humanity if we commit to developing it.

[Newest Reality]

4. Reframe!

That's relative. Peak Oil and Peak Everything would not only be frightening to the general population, it could potentially put more emphasis on the ways and means that are being used to distribute what will be left in a disproportional way, just as we see with abstract wealth.

The more for them and less for us will eventually come down to an obvious and gruesome outcome. The growth and consumption model will be maintained for profit and will morph into a form of squeezing dry the proles while assure access to resources for those whose manifest destiny assures us, will not be subject to gradual decreases in availability from food to energy, and otherwise.

We could transition to another model that is far more equitable and practical in our current situation, but the Status Quo barriers prevent that necessity from coming to fruition at a crucially rapid rate and amount. The bifurcation point will be coming. We can continue on this path and find ourselves living just as many do in third-world countries, or we can collectively grasp the severity of our situation, see how our survival and futures are impacted, and begin the arduous process of change from the bottom up.

[Beam Me Up]

5. you and i think alike. thumbs up. n/t

[L0oniX]

6. This is it!

[liberation]

7. There is plenty of "cheap" Energy, free even.

There is less fossil for easy extraction and maximal profit though. But I guess that is not as marketing friendly as labeling a tiny almost infinitesimal, amount of solar energy trapped in fossilized animal and plant form, as "Energy."

[NickB79]

17. Too bad we need expensive solar panels and expensive battery systems to use it

Saying there's plenty of cheap solar energy because the sun shines is like saying I have plenty of food because I have a few packets of vegetable seeds in my pocket. Without investing a lot more work into the project, you have nothing usable.

[ixion]

8. No, the Age of Big Oil is over. Let distributed energy systems reign!

[Turbineguy]

9. Don't forget the finance class tax.

Traders and gamblers have to make a living too!

[and-justice-for-all]

10. These is an endless power source 150 million km from us...

I suggest investments should be made to collect that power, no matter the cost.

[Crowman1979]

13. And there's also an endless power source a mile or two underneath every inactive volcano.

[and-justice-for-all]

14. Voila!!! between the two, energy crisis solved. nt

[Devil_Fish]

11. exploit is the right word for what we do to Mother Earth. NT

[Devil_Fish]

12. I'm glad I took out a loan from my 401K to get a wind turbine. NT

[Keith Bee]

15. Energy makes life cheap

In the good way, and in the very, very bad way.

[adigal]

16. Many smart people think Peak Oil is past

We are over and done with it, gas is not going down much in our lives. I just don't get why when Clinton was president, gas was cheap, Bush came in, gas went up. I know the deals Cheney made, but did we have a scarcity of oil during Clinton's presidency?