Middle East – May 21

Oil law gives intl. oil cos. too much- Iraq VP
Kuwait drops peg in body blow to Gulf currency union
Traditional production unfit for half of Kuwait’s oil reserves
Heinberg on Iran: Now we know

Oil and gas prices – May 21

Gas prices: Worse than ’81 oil shock
Senate hearings on oil and gas: We may have a problem
Asphalt prices pave way for higher costs
Detroit News: Raise gas tax by $1 to reduce oil appetite

UK energy policy – May 21

Renewable energy: The tide turns

Spend, spend, spend is costing the Earth

Grant cuts anger renewable energy industry

Peak oil – May 21

Letter to Science: When the oil supply runs out
Variety reviews The 11th Hour
Interview with maker of Crude – the incredible journey of oil

New PO newsletter from NL: Oilwatch Monthly
ODAC News
Author Greg Pahl: Peak oil will force changes

Australia & U.S. energy – May 21

The only way to change Australia is to change the USA
Australian coal industry:
Tough decisions to ensure a low-carbon world
Arnie terminates BHP project

Transport – May 21

Emissions-free travel way of life for globe-trotting B.C. couple
Paradise lost: the downside of travel

Freight train usage keeps rolling higher
Bicycles beat subway as fastest mode of travel in NYC

Climate – May 21

The heat is on: Predicting British weather
Scorching summer forecast in USA

It’s not your imagination: fires are more common

Climate policy – May 21

Governments undermining action on climate, Canadian, U.S. critics charge
NYT Magazine: Al Gore has big plans
Byron Bay won’t budge over rising sea liability

The Economy is an Ecosystem

Metaphors are important even if they remain unstated. The modern conception of an economy is dominated by the theory of neoclassical economics, whose metaphor is hidden from view, the field would otherwise look ridiculous if its roots were front and center.