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Peak Oil News Tuesday August 29th 2006
ASPO 5. Skrebowski tells us there’s 1,500 days until the Peak, & closing thoughts on ASPO 5
"Decoding the figures in the new IEA report is akin to decoding the Da Vinci Code. In my work I am not a pessimist, and I observe what oil companies do, not what they say. Peak oil is the point where further expansion of production becomes impossible. The world needs oil production flows, the consumer needs delivery flows, reserves are no use as reserves, only as flows, peak oil is when flows can’t meet required demand, this is an economic scenario."
ASPO 5. Dennis Meadows - Peak Oil and Limits to Growth
"'Limits to Growth' was criticised for predicting that oil would run out and for being wrong in that prediction. However, oil depletion is not mentioned once in the original 1972 report, this is a completely bogus criticism. Now that oil actually is running out and peak oil is impending, it is tempting to say “we told you so”, but we didn’t! The key issue here is the relationship between oil flow and reserves, which I call the usage rate. Peak oil looks at this usage rate, whereas critics look at discovered resources, not the usage rate."
Oil is close to running out, and chaos will follow, according to a US expert.
Richard Heinberg is an unlikely latter-day Jeremiah. The contrast between this quietly spoken Californian college professor and accomplished classical violinist and his explosive message couldn't be more marked. Heinberg, who is embarking on an Australia-wide speaking tour, is a leading proponent of the "peak oil" theory. Peak oil is shorthand for the premise that the amount of oil left for us to use has "peaked" (or is just about to peak).
Think Small, Think Local
"At Black Mountain, North Carolina, there is a developing ecovillage known as Earthaven that exemplifies Catherine Austin Fitts' Solari economic model to a tee, though the community has never consciously worked directly from it. It is usually assumed that an intentional community such as this is a commune, but that is not so in the case of Earthaven. Instead, what I will call a 'natural-capitalist' model has been embraced where investment in the community is encouraged through equity. One community member calls this 'capitalism with a heart.'"
ASPO 5. Jeremy Leggett Intertwines Peak Oil and Climate Change.
"This talk will look at peak oil in the context of climate change, the conflagration of two huge problems, what we might think of as the Two Great Oversights of our times. They are certainly the two biggest problems we fact, and they have an interesting set of comparisons. The biggest single difference is that excepting the USA, there is pretty much a consensus on climate change now, whereas peak oil is still a minority view, although it is certainly less so thanks to the work of ASPO. It has moved from being a hobbyist issue to a more general one."
Venezuela Is The New Cuba
There was a book written in 1985 by Neil Postman called Amusing Ourselves to Death, it took a look at the lopsided nature of the media. Lots of sweets and cakes on the plate and not much else. On another level it was about how technology changes the information that flows through the medium that it's transmitted and the increase of 'electronic' media had changed the game in a big way.. "It is my intention in this book to show that a great media-metaphor shift has taken place in America, with the result that the content of much of our public discourse has become dangerous nonsense." He went on to say that he loves 'nonsense' as much as anyone else, but the culture of a country and it's direction is determined by what it sees as being important. What's in the headlines today?.. John Karr clinking his glass of champagne, Britney Spears, or whoever else is posted on celebrity blogs across the internet.
The Limits to Gold and Silver Growth
There was a book written in the 1970s called “The Limits to Growth” regarded by some as a seminal work on the dangers of the irresistible force of exponential economic growth meeting the immovable rock of limited natural resources. As it turned out, it was the rock that was immovable and the force that was all too resistible. However, you would not have thought that back in the early 1980s when the book was rushed away by a torrent of cheap oil and then buried under a mountain of ramped up production in all manner of metals and minerals. The bad days of the 1980 recession was over and the good times could roll again as the US and world economy began to pick up steam again.