Monday October 31, 2005 | ${log.root}/lowem.log Inflation, Investing and Everything |
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peakoil.com -> thewatt.com -> thomas.loc.gov : "... it is the sense of the House of Representatives that--" (1) in order to keep energy costs affordable, curb our environmental impact, and safeguard economic prosperity, including our trade deficit, the United States must move rapidly to increase the productivity with which it uses fossil fuel, and to accelerate the transition to renewable fuels and a sustainable, clean energy economy; and (2) the United States, in collaboration with other international allies, should establish an energy project with the magnitude, creativity, and sense of urgency of the 'Man on the Moon' project to develop a comprehensive plan to address the challenges presented by Peak Oil. - So! The race is on to see which of the following happen first : 1. Peak Oil arriving, or 2. Americans consuming less fossil fuels. Cynics may want to mutter something at this point about snowballs in hell and flying pigs, but I'd say, let's give them some time and see what happens. If there has been anything positive about Hurricanes Katrina and Rita, it might be getting Americans to re-think their gas-guzzling habits. This might turn out to be another "story arc" to follow - ie, the American government's official reaction to Peak Oil. Credit for the recent Congressional Peak Oil awareness is due to Congressman Roscoe Bartlett, see below - See also : 1. Congressman Bartlett - Peak Oil Speech (2005-10-31 15:37:29 SGT)
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