Mikko Ikola

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Remember, that oil as an “energy source” has only been stored. The energy in oil initially came through plants that absorbed their own energy from the sun through photosynthesis, and through animals that absorbed their energy by feeding on the plants. All of that energy originally came from the sun. That oil needs to be pumped from the ground (requiring energy) and transported (requiring energy) to an oil refinery, where it undergoes a conversion (requiring energy) to gasoline. That gasoline then needs to be transported (requiring energy) to a regional gas station where you fill your car. Even ...more
The Price of Tomorrow: Why Deflation is the Key to an Abundant Future
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