The rush for new oil and gas sources is pushing us towards extreme actions

#Energy Current energy strategies include expanding fracking and putting oil rigs in the Arctic. But these are extreme measures and there are few opportunities to hedge the risks

For almost all our lives, many in North America have lived in a culture that affirmed a belief in the limitless and uncomplicated production of oil and gas.

In the US, the land of plenty, and Canada, the land of vast reserves, oil lay under the ground waiting to be discovered. Network television shows such as The Beverly Hillbillies reinforced a naive confidence that our birthright as North Americans included ready access to cheap, plentiful oil and gas. Like Jed Clampett, the hillbilly who got rich on oil, someone would always find new supplies bubbling up from the ground.

http://ift.tt/1iDc578 http://bit.ly/15KdByZ