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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: studdog who wrote (179031)	1/10/2012 11:49:04 PM
From: Wharf Rat	Respond to of 541936

"The real question though is what to do about our current mess" First, we need to figure out the cause, before we figure out what to do about it. This is all about peak oil. The world ain't producing any more now than we did in '05. Message 26265489 We've got another 20-25 years of this shit to look forward to. Hirsch Report... "The peaking of world oil production presents the U.S. and the world with an unprecedented risk management problem. As peaking is approached, liquid fuel prices and price volatility will increase dramatically, and, without timely mitigation, the economic, social, and political costs will be unprecedented. Viable mitigation options exist on both the supply and demand sides, but to have substantial impact, they must be initiated more than a decade in advance of peaking."... Three scenarios Waiting until world oil production peaks before taking crash program action leaves the world with a significant liquid fuel deficit for more than two decades. Initiating a mitigation crash program 10 years before world oil peaking helps considerably but still leaves a liquid fuels shortfall roughly a decade after the time that oil would have peaked. Initiating a mitigation crash program 20 years before peaking appears to offer the possibility of avoiding a world liquid fuels shortfall for the forecast period. en.wikipedia.org netl.doe.gov