And so what we did was, actually, we made moratoriums on the east and west coasts on drilling.

John henry raced a steamdrill through a moutain.

MineStrike's still loose.

We have cut back production by 20 .

This is the ship that I spent the last three months on in the Antarctic.

So we drill back in time to see how often that's happened, and exactly how fast that ice can melt.

That's a person down there by the wheel.

To fix the stalled harvester.

The first offshore wells were called whales.

Therefore, it is necessary to reduce the cost.

Like Dale City, I suppose?

So, this used to be completely smooth.

I'll say this much about a deepsea oil rig... secondworst thing I've ever smelled.

Tony said near the backhoe.

A deepwater oil platform near the Indonesian archipelago.

So we collaborated with Egyptian scientists to do coring work, which you see here.

It's a scientific drilling vessel.

There's certainly a common theme about needing to make the moment out of this.

And we made the very first bore hole through the largest floating ice shelf on the planet.

I learnt many things here.

Mass production?

We drilled through a hundred meters of floating ice shelf then through 900 meters of water and then 1,300 meters into the sea floor.

She skipped round the fountain garden, and up one walk and down another.

I will bury this world in a grave!!

like oil, coal or natural gas.

So these in situ developments are at least as ecologically damaging as the mines.

So I lend it out to some guy who wants to build a factory, build a factory for cutting tools.

No. But I'm gonna do some digging.

America produced more oil than any other country, enabling it to become an industrial super power.

Gross National Product is not the same as Net National Product.

Life was very small for most people.

GDP says look, if it was produced inside the country, we don't care who it's been produced by.

This is a crazy thing, this big drill rig wrapped in a blanket to keep everybody warm, drilling at temperatures of minus 40.

And then on the horizontal axis quantity, produced.

Why didn't they put it into production?

which I find is somewhat ironic.

Sir, no, sir.

Now, today, synthetic diamonds are used in oil drilling electronics, multibilliondollar industries.

And as we sit, exchanging free ideas with each other, there are still people mining coal in order to power the servers, extracting the minerals to make all of those things.

Now let's say I can take this 20 thread and I'll stay with white I can take this 20 thread and I could throw in some more labor

But that's not how much income we made, because there was a

We've got to reveal the dangers in the product.

And as an economist, we can also look at that side of the story. These are people who are productive agents in the economy.

Just smart people moving bits. Different rules.

2006 was a great year.