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Jakarta Post
The Jakarta Post
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Analysis: Economics in conflict with Mother Nature

  • Debnath Guharoy

    Roy Morgan

| Tue, April 9 2013 | 12:07 pm
Analysis: Economics in conflict with Mother Nature

PREMIUM In many ways, 2012 was a watershed year. As if by cosmic realignment, the world was suddenly awash with new discoveries of oil and gas in the billions of barrels and trillions of cubic meters, all around the globe. The old deadline of fossil fuels running out in decades, not centuries, was buried without fanfare. That’s left many confused, others in dismay. Cheap fossil fuel will make it increas...