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PETTEN, Netherlands (Reuters) - The world could run out of time to develop cleaner alternatives to oil and other fossil fuels before depletion drives prices through the roof, a leading Dutch energy researcher said on Thursday.
Ton Hoff, manager of the Energy Research Center of the Netherlands, said it could take decades to make alternatives affordable to the point where they can be used widely, although high oil prices were already stimulating such research.
"If we run out of fossil fuels -- by the time the oil price hits 100 dollars or plus, people will be screaming for alternatives, but whether they will be available at that moment of time -- that's my biggest worry," Hoff said.
"That's why we need to use fossil fuels in a more efficient way to have some more time to develop these alternatives up to a level where the robustness is guaranteed and their price has come down ... This could take decades for some technologies."
Stubbornly high oil prices have renewed worldwide interest in sustainable energy sources, such as solar, wind and biomass as well as biofuels.
But the world currently covers just some two percent of its energy needs with renewables as high costs and mixed policy initiatives hinder a wide-spread usage.
"The high oil price makes people at least think about alternatives ... For us it's a definitely a stimulus to work even harder than before," Hoff said.
We will never run out of oil, it will get far to expensive to use the stuff before that happens.
Originally posted by marg6043
Running out of oil is not such a bad thing, what we had before oil?
Originally posted by deltaboy
Originally posted by marg6043
Originally posted by deltaboy
the methods of transportation are usually the helos and the ambulances.
Originally posted by StellarX
SS- Is it really? 30 or 40 years.