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Insight and inspiration in turbulent times.
The collapse of the Greek government amidst a wave of popular protest and riots sent markets reeling this week. The Greeks reject the austerity measures attached to their bailout by the Eurozone, and there is serious concern that other countries will follow…
As nations compete for currency advantages, they are also eyeing the world’s diminishing resources—fossil fuels, minerals, agricultural land, and water. Resource wars have been fought since the dawn of history, but today the competition is entering a new phase. From Richard Heinberg’s new book ‘The End of Growth’.
A new paper by NASA’s James Hansen suggests that immediate and drastic declines (ca. 6% annual) in industrial CO2 emissions are required to avoid catastrophic climatic destabilization. As no realistic political solution exists for such immediate CO2 reduction, prospects for a livable future have now become dependent on a single back-breaking option: rapid global economic collapse. And in ‘Deus ex machina’ style, we may get it just in time.
Newly accessible natural gas from deep shale deposits around the world has been touted as a solution to everything from oil dependence to climate change. But our actual experience with shale gas extraction is telling another story.
A midweekly roundup of peak oil news, including:
-Developments this week
-UK ministers ignored ‘peak oil’ warnings, report shows
-Senate Rejects Effort to Cut Ethanol Subsidy
-Soot, smog curbs quick way to combat warming: U.N. study
Read the transcript from our live webchat about natural gas. David Hughes (author of Will Natural Gas Fuel America in the 21st Century?), Michael Bomford and Richard Gilbert answer questions from readers.
Read the transcript from our live webchat about natural gas. David Hughes (author of ‘Will Natural Gas Fuel America in the 21st Century?’), Michael Bomford and Richard Gilbert answer questions from readers.
Immediately after 9/11, Washington Post columnist and premier Inside-the-Beltway pundit George Will asserted that America had taken a “Holiday from History” during the previous ten years and that the attacks had brought it to an abrupt end. In reality, by ignoring energy issues Americans took their holiday from history for a much long period, from 1981-2005, and we’re about to pay a very steep price for it.
The world oil production data below tell a story about: 1) nations that are past peak, because of geologic limits (e.g., US, Norway, etc.) or other reasons; and 2) nations that have yet to peak, or if they have peaked it is not yet clear.
An analysis of the fragility of the global economy and why the era of economic growth is over.
A weekly roundup of peak oil news, including:
-Oil and the global economy
-Saudi Arabai
-China
