14/11/2006

North Americans will travel less highway miles in 2010 than in 2005... Agree / Disagree?

Two men have bet a total of $400 on this prediction.

In 2005, Mr Simon predicted that the peak oil phenomomenon will result in a drastic reduction in the wasteful and inefficient use of personal motor vehicles in the US out of economic necessity.
"I am predicting that vehicle use will decline rather than grow in the next 5 years to bring attention to the imminence of the crisis."
If he wins, he'll donate the proceeds to The Post Carbon Institute.

On the other hand, Mr Raphael pointed to the short-term option of producing liquid fuels from shale and coal.
"In the long run we've got the option of making more efficient cars and/or substituting batteries and fuel cells that are recharged with power provided by gas, coal, solar, hydro, and nuclear power plants. Five years is too short to expect much change in this area - we may not even have peaked by then. But once we do peak, it won't be much of a problem."
If he wins, he'll donate the proceeds to The Property and Environment Research Center.

Vote/discuss or make your own prediction here.

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