Climate & environment – Nov 16

Insecticide! (An ecological disaster that will affect us all)
Brown clouds of pollution a huge threat to Asia: UN
Climate change may carry huge price tag for California
The greenhouse gas That nobody knew

Higher lows

One indicator of resource depletion will be whether a new floor is established that is significantly above previous historical real prices. In other words, higher lows will be more indicative of our situation than higher highs which are usually a very temporary phenomenon. Well, the bust has arrived much sooner than I anticipated. So, now seems like a good time to evaluate.

Peak oil – Nov 15

Robert Hirsch tells peak oilers to (temporarily) pipe down
‘Peak oil’ adherents grow in number and influence
Life after (peak) oil in North Carolina
‘Energy Beyond Oil’ presentation now on-line
Peak oil is subject of short story contest winner

Hard times – Nov 15

Retail sales drop by most on record
Krugman: Depression economics returns
Is the mall dead?
Buying binge slams to halt
As factories close, Chinese workers suffer

ODAC Guest Commentary – IEA is getting rattled by events

The IEA is getting rattled by events. For some years, the IEA, EIA and OPEC all maintained the view that oil resources are so large that they must be sufficient to maintain supply. Other leaders in government and industry uncritically accepted that position, and stopped worrying. But the IEA has now broken ranks, to accept that there is a looming problem of supply, even from the large remaining resource. Current trends in energy supply and consumption, in their own words, are patently unsustainable, as ODAC has maintained for some years.