Sunday November 27, 2005 | ${log.root}/lowem.log Inflation, Investing and Everything |
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peakoil.com -> prleap.com : A series of events in the UK in December aimed at raising awareness of the imminent peak and decline of global oil supply looks to press 'Peak Oil' onto the national consciousness, culminating in a large conference at the London School of Economics on December 14th. We have already seen the end of 'cheap' oil as supply has struggled to meet demand. 'Peak Oil' means demand will have to be destroyed as it is the point of maximum global oil supply, followed by a terminal decline which will present significant challenges for the oil-based way of living, and according to an increasing number of analysts, we can expect it very soon. With no combination of alternatives able to make up for the shortfall, everything from trade and agriculture to plastics and healthcare will be affected. Events start on December 3rd at the Campaign against Climate Change march in London, where Peak Oil campaigners will team up with Climate Change protestors. The alliance between the climate change and peak oil movements is a natural one as the methods of mitigation for both are very similar with the key mantra being "Reduce, reuse and recycle" ... (2005-11-27 14:20:24 SGT)
[Energy]
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