financial crisis

Officials Muzzled on Peak Oil?

re-posted from my blog - oilshockhorrorprobe

The government has finally released its Energy Strategy. There are cosmetic changes from the Draft version but it's no surprise that the final Strategy continues to completely ignore the threat of peak oil.  There were many submissions, including my own, which detailed the raft of recent reports from oil and energy experts, think tanks and government institutions which are all pointing to an imminent supply and oil price crunch. And in 2009 government officials themselves gave strong warnings to Ministers. So since 2009, have the officials been muzzled? » Read more

UK Government to Develop Oil Shock Response Plan. - When Will NZ ?

re-posted from my blog - oilshockhorrorprobe

UK Energy and Climate Change Secretary Chris Huhne has agreed to develop an 'Oil Shock Response Plan', following a meeting with the UK Industry Taskforce on Peak Oil and Energy Security (ITPOES). » Read more

Must Watch Australian Report on Peak Oil

The Australian Broadcasting Corporation’s Catalyst programme has just broadcast the best peak oil documentary in recent times. In just 12 minutes it covers many of the essential points, and is a great way to get yourself up to speed on peak oil. Please take the time to watch it, and share this Youtube link and the ABC Catalyst link with your networks, and with anyone you believe is unaware of, or in denial about peak oil. » Read more

Ostrich-like Denial Continues

In August 2009 I wrote an opinion piece published in the New Zealand Herald - "Country Oblivious to Next Oil Shock". I opined that “the spike in oil prices to US$147 a barrel in 2008 helped trigger the global recession. And soon after a global economic recovery, the inevitable return to triple-digit oil prices will lead the world right back into recession.” Back then the oil price was around US$70 a barrel – today Brent Crude is indeed over US $100 – in triple digit territory. » Read more

Geoff Mulgan: Post-crash, investing in a better world

Words like local economy, community currency, hens, bees, and social entrepreneurs, mix well with words like financial crisis, the end of growth, profound crisis, and new paradigms. I am a great fan of TED talks and this one's references to ideas of returning to community-based values and lifestyles make heartening viewing for those of us who see big changes on the way and are willing to embrace the uncertainty.

I felt like applauding, and would have if I was watching in company, and not alone at my kitchen table, when he pointed out that... » Read more

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Ships sitting idle

From the NY Times: About 700 ships are currently just sitting around doing nothing, moored off Singapore. Apparantly there is not much cargo needing moving these days.

The photo is a hint, but you don't really begin to grasp the situation until you start poking around with google maps. » Read more

A Parable on Global Warming

Emergency Room Story of Global Warming

You are a Doctor in a hospital and into the emergency room comes a patient with fever. The family says it isn't swine flu.  They say it is more global than even that. » Read more

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If I were at the jobs summit...

I guess I shouldn't be surprised at the complete failure of imagination being demonstrated by the ideas coming out of the jobs summit currently underway. But I am.

Here are some ways the government could provide 'stimulus' to the 'economy', which would actually result in an accumulation of social and ecological capital, rather than long term debt and wasteful boondoggles » Read more

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Video: financial crisis presentation

While Peak oil and climate change have been a concern of ours for some time, it is my opinion that the financial crisis that now upon us eclipses both of those.

I have put together a video presentation about the financial crisis, and after watching it I think you'll agree.

Click to play



» Read more

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