Friday, April 01, 2011

The Energy Problem Remains Ever So Complex

Good story on Brazil's amazing energy success. "Brazil has gone from importing 77% of its oil from foreign sources in 1980 to importing no oil by 2009. A great success story in conservation and alternative energy? Not really. Total Brazilian oil consumption still more than doubled. The biggest factor is that Brazil increased its domestic oil production over the last two decades by 876% (not a typo). Most of that production has come from offshore exploration." In other words: They looked for, and found, a shitload of oil. India's doing it. China's doing it. Africa is doing it. Canada is doing it. Australia is doing it. Hell, even the biggest eco-poseurs in the world, the Europeans, are doing it. Nearly everyone is doing it. Except us. H/T Instapundit.

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