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Petroleum, the Triple Threat to World Economies
Home :: News & Society :: Politics
By: Klaus H Hemsath Email Article
Word Count: 727 Digg it | Del.icio.us it | Google it | StumbleUpon it

  

In view of actual, past developments and by accepting a realistic future outlook, we must draw several, inescapable conclusions. The increase of global temperatures on Earth will become faster, transportation of commodities and goods will get extremely costly, and the effects of global warming on climate change will continue to become more numerous and more destructive. This confluence of future developments will lead inescapably to a major threat to all world economies.

Once world economies begin to contract and collapse, national economies cannot marshal any longer the necessary resources that could have saved the world. Installation of effective countermeasures will require a minimum time of thirty years. Once economies contract, there will be no resources and no time left to implement solutions.

The world will have lost the ability to install any of the promising, renewable technologies, which are able to produce electricity and liquid transportation fuels without the emission of any destructive greenhouse gases. The world as we know it will cease to exist.

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Dr. Hemsath recently published the book CLIMATE CHANGE - GOLD RUSH OR DISASTER? For 50 years he has worked as scientist, process engineer, Director of R&D, Corporate Vice President of R&D, Company President, Chief Executive Officer, and Inventor. He holds more than 60 US Patents. Visit his site at http://www.thermalexpert.comHe is now working on a second book, THE SOLUTION TO GLOBAL WARMING AND CLIMATE CHANGE.

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