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| How then, do we move backwards? How does a society, with most of the people having no clue of future events, move from being dependent on a vast and intertwined network of goods and services produced by the indigenous people of whereever, to a local resource and renewable energy based society, and do so in the timeframe available (20-30 years using the most liberal extimates, 10-20 with resonable estimates, 5-10 with worst case scenarios), all the while prices on everything increasing, world politics getting more militaristic, governments continuously reducing civil liberties, shortages of goods on the market and weather patterns resembling bad Hollywood movies?
kpeavey
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| It is time to resolve the dispute over Iraq's reserves |
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At a time of high oil prices and supply shortages, the dispute over Iraq's oil reserves, which could produce an additional 1.5m barrels a day with minimum investment, demands urgent resolution.
Iraq's oilfields require immediate and expert maintenance, and the Iraqi people need the funds the oil can command on the global market. But negotiations on a draft national oil law are hopelessly stalled and controversy has erupted over proposed contracts with foreign oil companies. Iraq needs international support to negotiate fair and sustainable deals.
FT
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Posted on Thursday, July 24 @ 08:55:03 PDT by stu |
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