We’re drowning in cheap oil – yet still taxpayers prop up this toxic industry | George Monbiot
by George Monbiot from on (#12PFB)
As these new crisis bailouts for fossil fuels show, it's those who are least deserving who get the most government protection
Those of us who predicted, during the first years of this century, an imminent peak in global oil supplies could not have been more wrong. People like the energy consultant Daniel Yergin, with whom I disputed the topic, appear to have been right: growth, he said, would continue for many years, unless governments intervened.
Related: New research points to risk peak oil presents to business
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