Politics

Job Losses Push Need for Energy Bill

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Millions of job losses are pushing the U.S. Senate to consider a Jobs and Energy bill, even though Cap and Trade appears to be on life support. What are Five Key Measures that must be in a new Bill to avoid being a “half-ass..d” effort? (term from Sen. Lindsey Graham descrbing limited climate bill)

The Oil Crunch: a wake-up call for the UK economy (report excerpt)

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On 10 February 2010 at the Royal Society, six UK companies – Arup, Foster + Partners, Scottish and Southern Energy, Solarcentury, Stagecoach Group and Virgin – joined together to launch the second report of the UK Industry Task-Force on Peak Oil and Energy Security (ITPOES).

Economics – Feb 9

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-False Profits: We Will Be Suffering from Greenspan and Bernanke’s Ineptitude for a Long Time
-G7 close to accord on banks paying for global recession
-How Brussels Is Trying to Prevent a Collapse of the Euro
-Europe loses seat at top table
-Corruption, Culpability and Short-Termism

ODAC Newsletter – Feb 5

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In a busy week for energy policy, UK energy watchdog Ofgem finally acknowledged what has been obvious for years: that liberalized markets cannot deliver energy security in the era of carbon reduction and resource depletion.

Entropy revisited

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One way of looking at our current set of predicaments is that we’ve been on a binge, consuming energy considerably faster than it can be captured and stored by Earth’s ecosystems. While fossil fuels once appeared limitless (and still do to deniers of peak oil), and though we’re literally bathed in energy (in the form of sunlight), the disappearance of the fossil-fuel storehouse accumulated over millions of years isn’t something that can be replaced with anything nearly as convenient as fossil fuels.

Endgame

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For decades now, those concerned with the future of the industrial world have warned that a point would come, sooner or later, when the consequences of all that short-term thinking would begin coming home to roost. For the United States, that point might be arriving now.