But isn't it time to look Australians in the eye and tell them the news is only going to get worse on oil?
It may get better in the short term, there may be moments where the price drops a little, but in the medium to long term, it's going to get worse and that there's nothing significant that you can do about it. Now isn't that the case?
KEVIN RUDD, PRIME MINISTER: Kerry, on global oil prices, no one that I can speak to, either within the Government, that is the Treasury who are looking at the long range forecasting here, or abroad, can give you any confidence about where global oil prices will be in three, six, nine, 12 months time.
It is a very murky future that we face. What we do know for a fact is that right now we have the greatest global oil shock in 30 years. We know for a fact that prices are up 400 per cent since the Iraq war, 100 per cent in the last 12 months alone. It's led to protests and riots in the UK, Spain, France, as well as Indonesia and our own region and South Korea.
So this is a massive shock to the global economy. It's happening across all economies at present. What we need to do is frame an intelligent, long term response to this, and Australia as of when we took over Government did not have a long term energy strategy, a fuel strategy.
We're working on that, six months into office, and we hope to have something to produce later in the year on that score. Dealing with the long term channel, as well as being mindful of the impact on people's hip pocket now.
KERRY O'BRIEN: Well, you talk about it being murky and that you don't really know where it's going to be, but there is a growing and very credible body of advice that with the odd slot going down slightly, that it's simply in the long term going to be going up and up and up.
Richard Heinberg is a highly respected world expert on the oil crisis and when the world reaches the price where known oil reserves reach their peak and irreversibly decline, he says, over the long term, nowhere for oil prices to go but up.
Now, in that context, isn't it just faintly ludicrous to be arguing over whether you can save a cent a litre here or there?
KEVIN RUDD: But Kerry, that's why my responses to many of these questions in parliaments in recent weeks have been framed in terms of one, global oil supply, what can be done to boost investment in those countries which are the principal oil exporters? There's a problem there. Two, on the demand side. Global initiatives on energy efficiencies and the huge great push countries of China and India? Three, what do you do in terms of energy efficiency in economies like our own? That goes to the whole regime of fuel efficient cars, in particular. Four, what do you do in terms of an alternative fuel strategy? And five, what do you do in terms of public transport, in order to make it accessible, particularly in our metro areas?
This is a long term strategy as well as dealing with the immediate hip pocket impact on motorists who are feeling it right now.
alokin wrote:Hi, good that there are more Aussies! think the same than you.Stop climate change? Never our Gov. don't do anything.
But most of us have to fear a lot, especially single moms as social security systems are likely to break down.
Is it wise to expect a politician to make the changes that are really your own responsibility.
Micki wrote:YEAH, like building that second railroad track. Com'on roll up the sleaves.
For us to wait for legislation or technology to solve the problem of how we’re living our lives suggests we’re not really serious about changing — something our politicians cannot fail to notice. They will not move until we do. Indeed, to look to leaders and experts, to laws and money and grand schemes, to save us from our predicament represents precisely the sort of thinking — passive, delegated, dependent for solutions on specialists — that helped get us into this mess in the first place. It’s hard to believe that the same sort of thinking could now get us out of it.
Judgie wrote:G'day Zeeea!
You're the first South Australian I've seen on here since I joined early last year. It's GREAT!! (you have no idea) to meet another South Australian who is actually ready to talk about the subject (and believe me i've tried, most still put it down to the "evil" speculators). Drop in on the Australia and New Zealand forum while you're here, and by all means get involved in the Planning for the Future and Energy Technology forums among others.
Once again welcome, and don't be afraid to tell the old grumps here to bugger off if they give you a hard time, we've had a huge influx of new members since this all began to go mainstream in early may this year, and as you will be able to appreciate, they (as do I) get a little touchy when new members ask the same questions that have already been debated to death without searching. You seem to already be ahead of the curve from your posts above
Good luck
Yep. Rather than be punished, she should have been given an award and put up as an example of what can be done.Zeeea wrote:P.S. Did anyone else hear about that girl who was suspended from school for 10 days because she rode her pony to school to save petrol!!! ...whats with that? I just dont get it ...
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