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2013.08.16: Vicki Robin w/ Michael Lerner - Your Money or Your Life: Transformative

Exploring Nature, Culture and Inner Life

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Peak Oil Didn't See Fracking Coming

Frida Ghitis: I'm a huge admirer of Richard Heinberg's work on peak oil. But it does seem to me that fracking with all of its environmental and human horrors, which are enormous, quite fundamentally changes the peak oil equation. That is to say we are not going to run out of fossil fuels on the same schedule that peak oil originally assumed. It would be better to acknowledge that the peak oil argument needs to be modified to recognize that fracking is making the United States an energy exporter. The head of Dow Chemical is opposing the export of fracking gas out of the U.S. because it's very good for Dow Chemical to have gas be very low cost.

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