Showing posts with label energy. Show all posts
Showing posts with label energy. Show all posts

Wednesday, June 18, 2008

Polictical advantage on natures front

One of my shorter rants, sorry about the delay.

Governments everywhere are trying to use the “go green” initiative to their political advantage, not to benefit all of humanity. We really need to acknowledge this as a prevalent problem in our society and the rest of the world, and get off our behinds and do something about this as a global community. If we continue to destroy the earth for financial benefit, then our lives, and future generations on this planet are limited. We can’t procrastinate about this problem anymore, we need renewable energy and we need it yesterday. We don’t need it in 50 years time, where our very existence is at stake. Do what you can; pressure governments and take a united stand for all of humanity.

Saturday, May 31, 2008

The end of cheap oil?

Rising fuel prices are starting to hurt our economy. Qantas, one of Australia’s common airliner is effectively grounding the equivalent of 6 aircraft carriers, by reducing amount of passengers on these aircraft, cancelling production and by a reduction in the amount of routes available. At the current time oil is trading at about $US133 and this is the impact we are starting to see. However we are also experiencing higher food prices, higher consumer goods, and an increase in just about everything from the rising cost of oil.

While a strong Australian dollar and weak US dollar is having a cushioning effect, it won’t be long before more dramatic measures need to be taken for businesses to maintain profits while still providing a high level of service to its customers.

A growing number of people, professors, analysts and critics are voicing concerns about peak oil. This is where supply equals demand, and henceforth every day after this the demand will still continue to grow, while oil supplies dwindle. Don’t be fooled into believing that we will just “run out” of oil one day, it won’t happen, for the reason of peak oil. It will be a gradual process, a gradual process of economic failure.

Armed with this information, governments may reduce or relinquish barriers that will cause oil companies to mine oil in protected areas such as the Artic, where an estimated 25% of the worlds undiscovered oil supplies may be found.

But what does this all mean, well in 5 years time we may dream of the time when oil prices were only a measly $133 a barrel. For now a reduction in our spending on petrol, a critical review on whether we need the two 4WD in our garage and a smarter approach to transport. These are the only things we can do for now, but maybe investing more in renewable energy may be the way to go.