Fossil Fuels

The peak oil crisis: a turning point?

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If the report that OPEC exports are really down by 4.3 million b/d is true, we are likely to be seeing some sort of reaction in the form of higher prices shortly. All the evidence suggests that while oil demand dropped last fall, reports from the major agencies, the IEA and EIA, do not suggest that the drop in consumption is as much as the 4.3 million b/d that OPEC is trying to cut.

Regaining perspective on things that matter

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What matters now more than ever, and what is getting lost in all the immediate economic turmoil, is the unprecedented scope of the problems we face in the 21st century. Great change is inevitable. Trying to hang on to the way things have been—seemingly endless exponential GDP growth— is a mistake. Focusing exclusively on fixing the economy to get back on the business-as-usual growth track obscures much bigger problems coming down the road.

The conservation imperative: energy limits to growth and the path to sustainability – part II

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This content is no longer available. It was a pre-publication draft of a section of “Energy Limits to Growth,” a report that will be published in expanded form by Post Carbon Institute and International Forum on globalization in May.