Insight and inspiration in turbulent times.
The world is beginning to look a lot like the August of 1914 or perhaps the summer of 1939 all over again. This time instead of the great powers of central Europe dragging the rest of us into a European affair, it seems that nearly every corner of the earth is facing some sort of imminent disaster that could combine into a very unpleasant situation.
A midweekly roundup of peak oil news, including:
-Developments this week
In Resilience Circles, we say three things need to happen to make a transition to a new economy: we need a new story about the economy that dismantles the myth of “recovery;” we need stronger communities; and we need new “rules” – i.e. new policies befitting a democracy instead of rule by a corporate elite. To make this happen, Resilience Circles learn together, engage in mutual aid, and take social action.
Land transport will be costly, difficult and dangerous after the industrial system has broken down. Moving goods and people by water will be a better option even for quite short distances but what sort of boats will be needed and what materials will be available to build them?
You can get a sense of where Transition in France is heading; quite rightly so. You can taste the cultural identity of France embodied in Transition in France; something José Bové and Pierre Rabhi – and the Colibri folks would be proud of. France is the last major European country to take up Transition, just ahead of Albania, and about at the same stage as Portugal. Why has it taken so long?
Since the economic crisis began, stresses in trade between the U.S. and China have led to unfriendly official comments on both sides regarding the other nation’s currency. Some financial commentators suggest that "currency wars," which might also embroil the European Union and other nations, may be in the offing, and that these could eventually turn into trade wars or even military conflicts. The U.S. dollar, as the world’s reserve currency and as the national currency of the country leading the world into the post-growth era, appears to be central to these "money wars."
A veteran anti-corporate campaigner, Michael Brune is not your ordinary environmentalist. And now that’s he’s in charge, America’s oldest and largest green group is no longer your father’s Sierra Club. So it’s no surprise that his book “Coming Clean,” re-released after the Deepwater Horizon spill, presents peak oil as a major energy challenge. But as a big fan of the green economy, Brune is more optimistic than many peak oil writers about the ability of solar, wind and other renewables to replace oil and coal. Is he right?
The Organization of the Petroleum Exporting Countries (OPEC) will meet today June 8 in Vienna to talk about increasing oil production. Preliminary news reports are hinting at Kuwait and Saudi Arabia pushing for a 1.5 million barrels per day increase in production to cool off oil prices. West Texas Intermediate oil is currently a little below $100 a barrel, but most other blends are above $100 per barrel. Iran, Venezuela, and Iraq oppose the increase.
Members of OPEC will agree to increase their official production today, but that won’t do much to lower prices — the plenitude of energy-related stress across the globe underscores more than ever how power has dispersed out of OPEC’s hands. It’s not only the civil war in Libya, and the loss of its 1.4 million barrels a day of oil exports, or the chaos in Yemen. From the South China Sea to Alberta, Canada, tempers are flared over the control and movement of oil.
Whenever a salmon, bear, lodgepole or Dow Jones company spends more energy on an activity than they get back, death follows. Or in corporate terms, debt builds and things fall apart.
Danish director Michael Madsen’s ‘Into Eternity’ masterfully debunks industry claims that nuclear power is ‘clean’ energy. And its deadpan Nordic style and lush cinematography is hauntingly beautiful, creating a meditative mood on the deeply troubling topic of nuclear waste. English and Finnish with subtitles. 75 minutes.
Pathetically the media has been awash with New York Congressmember Anthony Weiner’s string of electronic sexual peccadillos. Punctuating the sensationalism, and between the TV commercials from the oil, gas, coal and nuclear industries, are story after story of extreme weather events. Herein lies the real scandal: Why aren’t the TV meteorologists, with each story, following the words “extreme weather” with another two, “climate change”?
