Maintaining Our Prosperity

Australia’s new Energy White Paper will be crucial in dealing prudently and effectively with the immense challenges facing Australia as the era of cheap energy and the economic system based upon it comes to an end. We are now in the early stages of an unprecedented economic failure – the terminal decline and probable collapse of global Capitalism.

Ethanol Summit 2009 and President Clinton

When President Clinton made his first of six trips, Brazil was a poor nation that needed to borrow money from its wealthy brother. Today the roles are reversed. The USA now borrows money from the entire world while Brazil has money in its “piggybank”. The decisive change is that Brazil is on the way to becoming self-sufficient in oil and that they export ethanol, while the USA is becoming increasingly dependent on imported energy. Access to energy is decisive for a nation’s future.