Also seen in SingaporePeakoil blog
Singapore needs to rethink energy policy
“We need to start planning for scenarios in which oil hits US$100 (S$158) or US$150 a barrel. The decision to go with the LNG terminal was based purely on a comparison of choices between competing fossil fuels. The Tokyo Gas study ignored or sidestepped the widespread debate in the oil industry over a possible peaking of global oil reserves. We are living in a more dangerous and unpredictable world.”
-I agreed to most of the article’s point of view except for dropping the LNG terminal project totally. The project does cost lot’s of investor huge amount of money but this also might buy Singapore some time to migrate into alternative energies such as solar energy which is also mentioned in the article.
We are going into the era of very uncertain energy future, every industry including your kopitiam will face uncertain future when their energy cost goes up substantially. We as individual must take ownership to buy our own Solar Cells NOW before it’s too late. You can buy one at a time or import in mass with a few friends combined investment.
If you need assistant in wiring up, do learn about in online…otherwise contact me
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