OPINION: New Zealand should be using its abundant renewable electricity generation capacity to power its transport fleet, argues BOB BINGHAM:
25 May 2015
Oil is a fantastic high energy and very portable fuel and currently it’s very cheap In fact, it has almost always been cheap and plentiful and we have built a good life with it. So what’s the problem?
Oil is a diminishing resource with volatile price and we rely on it almost completely for our vital transport and industrial requirements and it may not be with us forever. We have two problems with oil and one is price and the other is availability.
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