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Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.

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Thai temple fights off encroaching tide as world sea levels rise
Enviromental Headlines; Climate ChangeCrabs scuttle across the wet floor of the near-deserted Khun Samut temple, the only building left in a Thai village that has disappeared beneath the rising and advancing sea.

Waging a battle against an encroaching tide that has sent all the villagers fleeing inland, a monk in orange robes and faded tattoos meant to ward off evil spirits stalks the newly-built sea wall, planting mangrove shoots.

Somnuek Atipanya points 20 metres (65 feet) out to sea, where electricity pylons poke out of the water, now useful only for resting marine birds.

"The waves attacked here and they will destroy everything," says Somnuek, chief abbot of this Buddhist temple south of Bangkok which is surrounded by water and accessible only by a concrete walkway.

"I don't know what happened, but when the experts came they told me it was global warning and melting ice in the North Pole."

Over 30 years, the sea around Khun Samut Chin village has engulfed more than one kilometre (0.6 miles) of land, World Bank figures show, mostly because fishermen have cut down mangrove forests -- the Earth's natural sea barrier.

Tourism development, sand mining and damming rivers upstream have also taken their toll in an area naturally prone to coastal erosion.

The community have realised their errors and are trying to replant the mangroves, but the situation may soon be out of their hands as global warming sends sea levels rising and powerful storms lashing the coast.

Yahoo!

Posted on Sunday, March 30 @ 19:05:47 PDT by waegari
 
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