Heathrow runway three and peak oil

So the Government has given the go ahead for a third runway at Heathrow. Lots of protest and lots of support.

Most of the protest centres around noise, air quality and carbon dioxide emissions - important considerations, the last one particularly if we are to achieve 80% cuts in CO2 by 2050.

Perhaps though the most obvious problem with the plan is being ignored - that of peak oil. A recent report The Oil Crunch - featured on this blog here suggested that we might see supply side problems in the UK as early as 20011/12. With supply problems come oil price hikes and with that the whole financial model for the third runway falls apart.

For me, it is inconceivable that the growth in flying will continue much longer - by the time the third runway is built in 10 years time, aviation will be in decline as oil prices make flying unattainable for most people.

Would be much better to invest the £7B investment in green renewable technologies.