Thursday, December 28, 2006

Stern report on Iran

Iran's oil usage is growing at the fastest pace in the world. Its capacity to produce oil is declinging rapidly, and its reserves could be depleted in a decade.

I guess those in charge are focused on short term contentment of the domestic population. Nuclear power will not be able to replace all the domestically consumed oil. But nuclear weapons might.

UPDATE: Stern being interviewed on NPR; worth listening.

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