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?
Joined: May 26, 2004 Posts: 1190 Location: Zoorope
Posted: Thu Jul 15, 2004 8:21 am Post subject: Financial Times!
Read on a leading italian newspaper from Financial Times (no link-subscribers only):
- demand 82,5 mbd in 2005, 12 mbd more than in 1995;
- the growth in demand 1995-2005 (10 years) will be the same than in 1973-1995 (22 years)!
- China growth on oil consumes was 40% this year
- Demand is growing more rapidly than production
And last but most important:
Barclays Capital states that OPEC reduced of 4 mbd their extraction capacity last 18 months.
Better go gardening... _________________ **no english mothertongue**
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Objects in the rear view mirror
are closer than they appear.
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