Originally Posted by DingerX
Part A...Sometime in the service life of the A380, the world will achieve peak oil production. As we've seen repeatedly, even a slight restriction in supply causes huge price increases. That's enough to put doubt on the sustainability of explosive growth in the Asian market.
B) With Global Warming and its human cause no longer an issue of scientific debate, companies have to confront the possibility of restrictions on hydrocarbons, especially on burning them at altitude.
Aviate 1138 muses....
PART of A It isn't peak oil production [which won't happen for many decades anyway] it's the refinery situation, or lack of any standby ones. Where are the New Refineries???? None being built. That is what controls prices. Ask yourself why Oil Companies don't build new refineries or increase capacity on existing ones? Could it be that by doing so, oil prices would drop?
PART B Climate Change is what is happening - Global Warming is what Politicians and Scientists looking for massive grants keep suggesting.
We had the warmest July in the UK since 1911. Where were the Gas Guzzling cars and aircraft carrying millions of passengers and making contrails that apparently cause 'Global Warming' in 1911? BTW the UK produces less than 2% of World CO2 and getting less daily. You will find many Top Drawer Scientist do not agree with Kyoto, Global Warming or any such ideas. A number of Massachusetts Institute of Technology scientists vehemently oppose so called 'Global Warming'
http://www.technologyreview.com/read...830&ch=biztech
Aviate 1138