Insight and inspiration in turbulent times.
Staff Resurgence of risk – a primer on the develop(ed) credit crunch
Locabucks: Are local currencies a way to escape the liquidity trap?
Chris Cook: A new dawn for Iran (the ‘carbon dollar’ based on energy )
Reality Report episodes on economics
Another week of financial mayhem, bank bailouts and sinking stock markets has seen the oil price continue to fall. The IMF six monthly report reduced its global growth forecast for 2009 from 3.9% to 3.0% with much sharper cuts in the US and Europe. This was reflected in a reduced oil demand forecast by the U.S. Energy Information Administration. The slide has prompted OPEC to consider an early meeting to attempt to prop up prices.
U.S. city dwellers flock to raising chickens
The war over GM is back. Is the truth any clearer?
Is a food bank answer to the crisis?
Supermarkets urged to reduce choice and meat sales
Peak phosphorus: Quoted reserves vs. production history
Bicycle recyclers empower riders
Financial bailout gives tax break to bicycle commuters
How powerful is your workout?
Scooter-ful?
Rural communities best equipped to cope with climate change: UN report
Climate change could force millions from homes
Climate change forcing animals to move up
A digest of news and commentary from a UK peak oil perspective
A biologist for the U.S. Army Corps of Engineers faces a 30-day suspension for kayaking a Los Angeles River. The off-duty challenge to a ruling that the river was not navigable “undermined authority.”
Bright Neighbor
The Gathering Inn: bed, breakfast and beyond (part 2)
Pint-Size Eco-Police, Making Parents Proud and Sometimes Crazy
James Taylor Prepares For Peak Oil, Fears Collapse Of Society
Oil has fallen to the lowest price in a year meaning respite for consumers as food prices are coming down
Finding Energy to Beat a Recession
The Candidates and climate: a persistant air of surreality
Debate fact check is offshore drilling the answer?
The myth of election year manipulation of oil price
Latin leftists gloating over ‘Comrade’ Bush’s bailout
New U.S. intelligence report warns ‘victory’ not certain in Iraq
I was struck by how eerily similar are the now admitted journalistic lapses and the failure to connect the dots in the financial story to what we have been witnessing in the media’s coverage of peak oil. The heart of Kurtz’s apologia in the Washington Post is the troubling question “Why didn’t they see this coming?”
It had seemed abundantly clear over the year beginning mid 2007 that rampant economic development in less developed countries, along with the maintenance of economic development in more developed countries, spooked the oil markets. After all both China and India were growing economically at around 10% level.
However, that may be changing.
