>by Richard HeinbergMuseLetter 162 (October 2005)Like just about everyone else, I was transfixed by news reports from New Orleans and the Gulf coast of Mississippi and Alabama during the week of August 29. My wife Janet grew up in New Orleans, most of her family members still live there (to the degree that anyone can for … Continue reading >Katrina, Rita, and Peak Oil
>On Monday, September 26th, I posted an essay entitled "Economics in a Full World" by Herman E Daly from the September 2005 edition of Scientific American.I received the following excellent comment, with which I concur fully, from Patrick Bond:"There are lots of good ideas here, but this one isn't:"He was referring to the following paragraph … Continue reading >Cap and Trade
>We had better start preparing for a decline in global oil supplyby George MonbiotPublished in the Guardian (September 27 2005)Are global oil supplies about to peak? Are they, in other words, about to reach their maximum and then go into decline? There is a simple answer to this question: no one has the faintest idea.Consider … Continue reading >Crying Sheep
>by Nikos RaptisZNet Commentary (September 26 2005)It is you, ordinary Americans, who are responsible for these crimes: "In sworn testimonies to army investigators, soldiers ... tell of a shackled prisoner being forced to roll back and forth on the floor kissing the boots of his two interrogators as he went. Yet another prisoner was made … Continue reading >You Are Responsible!
>The global economy is now so large that society can no longer safely pretend it operates within a limitless ecosystem. Developing an economy that can be sustained within the finite biosphere requires new ways of thinking.by Herman E DalyScientific American (September 2005)Growth is widely thought to be the panacea for all the major economic ills … Continue reading >Economics in a Full World
>by Adam Porter in Perpignan, FranceAljazeera.net (April 21 2005)A steep rise in prices is expected due to growing energy demandsA report prepared by energy economists at the French investment bank Ixis-CIB has warned crude oil prices could touch $380 a barrel by 2015.Analysts Patrick Artus and Moncef Kaabi said in the next ten years demand … Continue reading >Will oil strike $380 a barrel by 2015?
>Banks Talk Oil Depletionby Michael KaneFrom The Wilderness (June 07 2005)Banks across the world are now talking about oil in terms of "price spikes" and "depletion". This includes Goldman Sachs, the Bank of Montreal, and the French Investment bank Ixis-CIB.The Goldman Sachs' report raised their price range for oil from $55 to $80 a barrel, … Continue reading >$380 Oil?