29 March 2004

Less oil than they thought

It may be that the oil crunch would come sooner than expected -Shell in line with a number of other oil exploiters has downsized its estimate of global reserves. Nearer then draws the time that shall surely be making it uneconomic to run the energy of the world as we have been. It could be good news for the climate if it wasn't for the fact that the greenhouse effect has already kicked in and we can't wait for market forces in this case to deliver the best change.

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"Spend and tax" not "tax and spend"

 I got a response from my MP which got me kind of mad. You'll see why as I reproduce it here. Apologies for the strange changes in types...