06 Apr '11, 4pm

HSBC Economist Says We've Got Just 50 Years of Oil Left: photo: Mark Rain via Flickr/Creative... th.bp #green #USRC

HSBC Economist Says We've Got Just 50 Years of Oil Left: photo: Mark Rain via Flickr/Creative... th.bp #green #USRC

Now if you've even gotten a small bit of knowledge about the state of the world's oil reserves and the concept of peak oil , the statement that we've got confidently just 50 years of oil left in the ground is hardly shocking--check out the video of HSBC senior economist Karen Ward delivering the lines below (around the 02:00 minute mark), h/t Climate Progress . But what is shocking to me is the calmness with which the line is delivered and how outside of specialist reporting such statements are seldom to be heard.

Full article: http://www.treehugger.com/files/2011/04/hsbc-economist-sa...

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