ANWR is not the answer

Americans are easily misled about domestic “supply-side” solutions to rising oil prices and dwindling global exports. Their confusion is understandable. Oil company executives like Shell’s John Hofmeister have called for opening up now restricted areas in Alaska or on the outer continental shelves, implying that salvation is only a few oil wells away.

Yale Environment 360 magazine launches online

Yale Environment 360, a new online magazine dedicated to covering the global environment, is launching today at http://e360.yale.edu. Edited by Roger Cohn, the former editor of Mother Jones and Audubon magazines, Yale Environment 360 aims to become one of the leading Web sites for commentary and reporting on the crucial environmental issues of the day.

Peak oil – June 3

Jeffrey Brown: Is a net oil export hurricane hitting the US Gulf Coast?
Energy analyst Douglas-Westwood on PO
Peak oil quotes at Reuters conference
ASPO newsletter for June
Oil price drivers — a look at the fundamentals
David Strahan on Newsnight

The end of money?

What could wreck the world’s currencies is a desire to offset the effects of the ever-tightening noose of resource scarcity caused by the approach of peak oil, the march of climate change, and the rapid industrialization of the Far East. The desire to offset these effects is already expressing itself through easy money policies and the financing of government expenditures through borrowing rather than taxation.