Wednesday, 1 September 2010

Wishful thinking stymied by reality

The peaking of available oil supply has already happened a couple of years ago or will happen by 2013 or 2020 depending on who you listen to. Few credible sources deny its actual reality, they just bicker about the timing. It will mean the end of the last 300 years of unending economic expansion – the end of conventional economic wisdoms and the end of the credibility of those who continue to promote them. Are you listening, Deputy Chief Minister Ozouf?

Here’s a video featuring someone smart, competent and famous who realises the threats. As a businessman, he knows that forewarned is forearmed. Conventionally, business foreknowledge can enable great fortune. Maybe not in this case. Knowledge of what is likely to happen may bestow certain protection against the annihilation that will engulf those who are unprepared for it because they are not expecting it.

Richard Branson, Chairman of the Virgin Group, speaking at the launch of the 2nd Report by the UK Industry Taskforce on Peak Oil and Energy Security

This next 28 minute video comes from Peak Moment TV. I just wish I had more time to watch more of their programmes.
Chris Martenson is interviewed about the fatal flaws in the foundations of modern industrial civilisation that will end “unending growth”. He speaks about the current financial crisis, peak oil, peak everything and touches on how few of the mainstream experts seem to realise (or dare say in public) the enormity of what we are facing.

"The next twenty years will be totally unlike the last twenty... We’ll face the greatest economic  physical challenges ever seen by our country, if not humanity.”

So opens Chris’ much-viewed online Crash Course (highly recommended insights into the irrationalities insanities and dangers with conventional economic thinking – NP) illuminating the relationship between economy, energy and the environment. Starting with the power of exponential growth, he tidily sums up our economic problems: Too Much Debt. Chris discusses the implications if we continue the status quo, and ways to prepare. He believes that if we manage the transition to a post fossil fuel, post growth era elegantly we can actually improve things.


Peak Moment TV is an online television series featuring people creating resilient communities for a more sustainable, lower-energy future. Programs range from permaculture farms to electric bikes, ecovillages to car-sharing, emergency preparedness to careers for the coming times. As of May 2010, over 170 half-hour programs are available online.

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