Many of us remember watching The Ten Commandments and hearing Pharaoh say “so it shall be written, so it shall be done”.
The writing is on the wall for fossil fuels. By 2020, close to 1000 gigawatts of energy production will be solar powered. This study by a solar energy association says that its equal to over 100million cars being pulled off the road. The question becomes….if the writing is on the wall for the Middle Eastern, Russian, Mexican, Venezuelan and other oil producers…when do they have to start shifting their economies to be able to keep GDP up when the oil revenues actually start to run out?
Sass