[RightWhale]

Probably not enough since you have to build the plants and transport the materials and that would take more investment capital than there is. At the same time the plants are buing built, note, the cost of building the plants will increase and continue to increase rapidly due to the increasing cost of energy. This could have been done starting 30 years ago. It cannot be done now, it's too late.

[AntiGuv]

hehe.. I am usually the pessimist in most threads. I'm just pleased to be an optimist in this one. =)

The gap between "not enough" and enough will be met via other innovations as necessary in my view. We shall see.

I can't find any drawback in this particular technology and it certainly sounds as if it would 'pay for itself' once economy of scale kicks in.

Don't worry, be happy!

[monday]

"This could have been done starting 30 years ago. It cannot be done now, it's too late."

lol....you got that backward. Technology costs have gone down dramatically in the last thirty years. These plants could not have been built 30 years ago, now they can, if they make economic sense. If the price of oil remains at $40 a barrel it may make economic sense. May still be cheaper to find oil than convert it, in which case we will.

Don't worry, the sky isn't falling, and we are not about to run out of either oil, or energy.