But having made my point, I probably shouldn't hijack this interesting post about methane hydrates any further — I guess we should try to work out how to extract and burn them to avert
the peak oil crisis risk of release: --RRB-
Transition Milwaukee (TM) is part of an international movement formed, in part, in response to
the peak oil crisis and more generally around issues of climate change, economic security and permaculture principles.Peak oil is a non-controversial acknowledgement from government, academic and industry experts that fossil fuels, a finite resource, reach a peak moment of production and necessarily...
Not exact matches
Russia's economy grew at 7.2 % per year from 2000 to the
peak of the global financial
crisis in 2009, fueled by huge
oil and gas revenues.
Chris Martenson, economic researcher, trend forecaster, The Crash Course author, and founder of
Peak Prosperity, discusses the eight forms of capital you need to become resilient to
crisis, how the financial system scams hapless investors, and why gold will get much more valuable once the next
oil crisis hits.
The fraction of crude
oil consumed in the U.S. that was imported went from 35 % immediately before the 1973
oil crisis,
peaked at 60 % in 2005, and then returned to 35 % by 2013 [7] thanks to increased domestic production [8] from the shale
oil boom.
But the availability of fresh water has already reached
crisis proportions in many parts of the world, and some experts warn we should be more worried about «
peak freshwater» than «
peak oil.»
They
peaked in 1973, before the 1974
oil crisis, at the equivalent of 178 million tonnes of carbon.
Coming up on Radio Ecoshock, I'll have an extended chat with Dr. Kathy McMahon, the clinical psychologist who helps people rethink their lives, even in times of great social
crisis (whether it's
peak oil, climate disruption, or a fall of the fake economy.)
We have already seen the beginnings of this financial shaking in the 2008/9 economic
crisis that was directly caused by the «plateauing» of crude
oil production in 2005 after rising by 1 million barrels / day for twenty years in a row (from Non-OPEC
peaking and OPEC cutting back production).
Some of these are addressed in the present issue: the geopolitics of
peak oil (John Bellamy Foster), the production of biofuels as a liquid fuel alternative and its consequences (Fred Magdoff), the economics of climate change (Minqi Li), the science of climate change (John W. Farley), the ocean
crisis (Brett Clark and Rebecca Clausen), the problem of large dams (Rohan D'Souza), and the world water
crisis (Maude Barlow).
The first response to
peak oil of every industrialized nation is going to be to shovel as much coal at the
crisis as possible, as quickly as possible.
The converging
crises of
Peak Oil, Climate Change and increasing inequity are presented in a clear, concise manner, as are the twin solutions of community (where cooperation replaces competition) and curtailment (deliberately reducing consumption of consumer goods).
«The Transition Movement is comprised of vibrant, grassroots community initiatives that seek to build community resilience in the face of such challenges as
peak oil, climate change and the economic
crisis.
The Transition movement represents one of the most promising ways of engaging people and communities to take the far - reaching actions that are required to mitigate the effects of
peak oil, climate change and the economic
crisis.
We need to start working now to mitigate the interrelated effects of
peak oil, climate change, and the economic
crisis, before it is too late.
That said, I also do not think
peak oil is an existential immediate
crisis.
Again, I have zero confidence that these two
crises (
Peak Oil and climate change) will interfere destructively.
There is every reason to believe that the concurrent
crises of
peak oil and climate change will interfere constructively rather than destructively.
I am far more concerned about climate change in the long run, though I think
peak oil and gas may be worse
crises in the short run.
It will certainly be interesting if this all happens while there is a
crisis from
peak oil, bird flu hits and the Atlantic conveyor shuts down.