made problems of the developed world, and is therefore responsible for them. He said the challenge facing industries and markets of petroleum lies in how to get rid of carbon and how to do so safely. He said there are no easy or quick fixes; it will take time and considerable financial resources. The fact is that fossil fuels based on carbon are still the cheapest source of energy and most effective and reliable for our societies. He said people say nowadays that the so-called alternative fuels will be favorable because of their low carbon emissions. But they might not know that some types of bio-fuels are always subject to close scrutiny. While containing some non-carbon alternatives to the current ratio of less carbon compared to fossil fuels, we find danger with respect to cost and development which limit their contribution at the present time. --More
