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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?


To: Travis_Bickle who wrote (5653)3/20/2007 3:33:12 PM
From: Wharf Rat  Respond to of 24213
 
A sitting federal appeals judge introduces lawyers to Peak Oil
Article title: "A petroleum peak?"
Judge Richard D. Cudahy, American Bar Association
Of the global energy supply, 80.3 percent is hydrocarbon-based (and thus problematic for global warming); 34.3 percent of energy is derived from crude oil, while 20 percent is based on natural gas, and 25.1 percent still finds its origins in coal.

With this overwhelming dependence on hydrocarbon fuels, led by crude oil, it’s not difficult to understand the recent intense interest in how long these fuels - and particularly crude oil - can be expected to be available. Opinions on this subject seem to cluster in two major schools.

One group anticipates that crude oil supplies will soon be on the path to foreseeable exhaustion, while another aggregation of analysts views crude oil as virtually inexhaustible, and, of course, there are intermediate positions of every stripe. The sharply contrasting analyses of these schools of experts present a fascinating contrast, with each view tending to be associated with a different professional approach.

Judge Cudahy serves on the United States Court of Appeals for the Seventh Circuit. His e-mail is richard_cudahy@ca7uscourts.gov.
(19 March 2007)
Contributor JMG writes:
Judge Cudahy often writes excellent articles for the Energy Bar Association journal. Here is a good article introducing lawyers in the ABA Section on public utilities, transportation, and communications law to the topic of Peak Oil (probably the first time in most cases), with a good analysis of the differences between realists and cornucopians (although he calls them pessimists and optimists). Alas, full text online only available to ABA utility section members (or via Lexis). Check a law library near you.

energybulletin.net



To: Travis_Bickle who wrote (5653)3/21/2007 11:11:15 AM
From: Travis_Bickle  Read Replies (1) | Respond to of 24213
 
WFR new 52 week high today, making money while being green. They make the stuff that is used to make solar panels. Apparently the stuff is going to be in short supply for several years.