Two thirds of university and college applicants between 17-21 believe that global oil reserves will have run out in the next 25 years, while 91% thought that climate change would be “hitting the world hard” according to a survey conducted by sustainable development charity Forum for the Future. Three quarters thought that lifestyles needed to change radically if civilisation was to survive the next century.
June 2007
Sat 30 Jun 2007
Two thirds of college applicants believe global oil reserves will run out within 25 years
Posted by Dan Welch under Peakist , Peak OilNo Comments
Sat 30 Jun 2007
Kremlin lays claim to huge chunk of oil-rich North Pole
Posted by Dan Welch under Peakist , Peak Oil , Geopolitics , New Oil , Russia , Climate Change1 Comment
“It is already the world’s biggest country, spanning 11 time zones and stretching from Europe to the far east. But yesterday Russia signalled its intention to get even bigger by announcing an audacious plan to annex a vast 460,000 square mile chunk of the frozen and ice-encrusted Arctic…” writes Luke Harding in in the Guardian (more…)
Sat 30 Jun 2007
The real casus belli: peak oil
Posted by Dan Welch under Peakist , Peak Oil , Geopolitics , Iraq[3] Comments
David Strahan, author of The Last Oil Shock, argued that peak oil was the motivation for the invasion of Iraq in Guardian last week:
In a world of looming fuel shortage, Britain and the US formalised their energy fears with a war… (more…)
Mon 18 Jun 2007
Crude impact, which Chris Vernon of the Oil Drum blog has called “the best documentary I have seen on the subject” is available on YouTube.
Sun 17 Jun 2007
Colin Campbell’s Response to BP’s Statistical Review Front Page News
Posted by Dan Welch under Peakist , Peak Oil , OPEC , biofuels1 Comment
The Independent again showed the lead with peak oil last week with a front page response to the publication of BP’s Statistical Review of World Energy from Oil Depletion Analysis Centre (ODAC). ODAC’s response also got inside cover column inches in the Telegraph. BP’s Statistical Review comes hot on the heals on OPEC’s threat that it was considering cutting its investment in new oil production in response to moves by the developed world to use more biofuels. (more…)
Mon 4 Jun 2007
Iraq’s oil boom isn’t delayed, it’s relocated to Canada
Posted by Dan Welch under Peakist , Iraq , New Oil , Climate Change1 Comment
As Baghdad burns, destabilising the entire region and sending the price of oil soaring, Calgary booms.
“The invasion of Iraq has set off what could be the largest oil boom in history,” writes Naomi Klein in Friday’s Guardian (June 1, 2007). “All the signs are there: multinationals free to gobble up national firms at will, ship unlimited profits home, enjoy leisurely “tax holidays”, and pay a laughable 1% in royalties to the government.
This isn’t the boom in Iraq sparked by the proposed new oil law - that will come later. This boom is already in full swing, and it is happening about as far away from the carnage in Baghdad as you can get, in the wilds of northern Alberta. For four years now, Alberta and Iraq have been connected to each other through a kind of invisible seesaw: as Baghdad burns, destabilising the entire region and sending oil prices soaring, Calgary booms.” (more…)






