[netzwellen] blog

Al Gore: New thinking on the climate crisis (video)

Link: TED | Talks | Al Gore: New thinking on the climate crisis (video).

“In the world of oil a heart attack is a global recession…”

Today I came across a very interesting post concerning the Oil issue on Shai Agassi's blog.  I extracted the for me most memorable part. Please find it below.

"What do we have to do – we have to put our money into easing demand before it is too late. Addicts who wait for the crisis do not recover in the same shape as they were before a stroke or heart attack hit them. In the world of oil a heart attack is a global recession, and a stroke is probably global war. We can’t afford either. Only solution to addiction is drying up on the substance. We may be too late, but we still need to try – putting more money into oil without putting any money into oil independence will make us dream of days when oil was cheap and abundant – at only $100 a barrel."

Shai Agassi and Project Better Place

According to Reuters, Ofer Shipping Holdings, has added 30 million $ of venture capital ontop of the previous round of financing projectbetterplace.com has received.  This story from earth2tech,gives a good overview and I strongly recommend reading it if you are interested in the matter.