A new kind of money

The decline in the availability of cheap energy is likely to be accompanied by an equally ominous possibility of world financial meltdown. That we are facing both of these threats now is not an accident: energy and financial stability are intimately linked. I believe the solutions for dealing with these twinned threats are equally linked.

China: first target consumption to improve environment

Our country can grow in a more self-reliant manner and without further damage to the environment. We will be offering products and services that are unique and are better geared to serving the needs of the world’s future. The market for these environmentally friendly products and services will go beyond the imagination once they are marketed to the mainstream population. China’s peaceful rise will be utterly credible, and it will be wholeheartedly welcomed by the world.

Transport – July 13

California: so many cars, so little money / Davis: the best bicycle town in North America /
Blacktop cost curbs road work / Fuel costs may benefit Boeing; airlines could seek to replace fuel-guzzlers / How to hack a hybrid (plug-in Prius)

National energy policies – July 13

A watershed on energy? (UK energy report) / China called to rein in growing use of electricity / Jane Bryant: what we need is policy / Alliance: Car feebate could replace CAFE increase / Turkey as an energy terminal state / American Conservative Magazine cover story on “American Petrocracy”

When fuel is the price of champagne

Good old kerosene and its derivatives remain as the world’s aviation fuel, not just of choice, but of necessity, for the indefinite future. So Peak Oil or no, if mankind is going to fly, it appears that the world is locked into fossil-fuel based technology for the long term.

Politics & economics – July 5

Playing oil politics in the Caspian Sea / Soros: Europe must tackle Russian energy threat / Cheneys betting on bad news? /
How did oil power Iran fall into a petrol crisis? / BP blames Venezuela’s Chavez for shortfall in production / Seymour Hersch: The military’s problem with the President’s Iran policy.