IDA study on Peak Oil debate (August 2008) (review)

The study’s executive summary ends with these two sentences: “We conclude from these reviews that the most alarmist of the peak-oil claims are likely false. Still, we see some convincing reasons to think that global oil production could peak within 20 years, with demand outstripping production indefinitely.”

The peak oil crisis: the year of the dollar

As strange as it may seem, the peak oil crisis, which has been focused on geologic constraints to oil production, supply and demand, geopolitical threats and inadequate investment, seems to be morphing into an issue of how much debt the U.S. Treasury can sell and still keep interest rates under control.

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.