Robert Newman: It’s capitalism or a habitable planet - you can’t have both

We are caught between the Scylla and Charybdis of climate change and peak oil. Once we pass the planetary oil production spike (when oil begins rapidly to deplete and demand outstrips supply), there will be less and less net energy available to humankind. Petroleum geologists reckon we will pass the world oil spike sometime between 2006 and 2010. It will take, argues peak-oil expert Richard Heinberg, a second world war effort if many of us are to come through this epoch. Not least because modern agribusiness puts hundreds of calories of fossil-fuel energy into the fields for each calorie of food energy produced.

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Posted on February 2nd, 2006 at 11:20 am

See also
Kill It, Cook It, Eat It: Iraq Special
An economic illiterate writes again
Jim Bliss: An Introduction to Peak Oil
   
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7 Comments

  1. Luis Enrique on 02.02.2006 at 11:36 Permalink | Reply

    Fear not, technology will* save us! (helped by the oil price rises) do you ever look at “the world is changing” blog? have a gander.

    There is an awful lot of money being spent on renewable energy (check out New Energy Finance) and necessity is the mother of invention. Cheer up!

    * might

  2. Luis Enrique on 02.02.2006 at 11:38 Permalink | Reply

    should have provided a link:

    http://www.worldchanging.com/

  3. Peter Gasston on 02.02.2006 at 11:45 Permalink | Reply

    He talks about this in more detail in his excellent live show. If it’s still on, you really should try and catch it.

  4. Friendly Fire on 02.02.2006 at 12:04 Permalink | Reply

    Justin, get with the news, Sol Campbell is depressed and Souness got his P45. Also the greatest ever profits made by a UK company were announced today by Shell.

    Peak Oil?????? /snark off

    You can now understand why Iran want to protect their resources.

  5. Tim Worstall on 02.02.2006 at 12:12 Permalink | Reply

    Hunh? You’re taking these delusional ravings seriously?

    BTW, “Technology will save us”. Of course it will. The argument is over which not whether. Newman thinks that that of medieval peasantry will, others think more modern ones will.

  6. Chris Applegate on 03.02.2006 at 00:19 Permalink | Reply

    Tim’s notion of “which” is more correct than he probably intends - it isn’t just a question of which technology will save us, but also which of us will be saved by technology.

  7. Katherine on 03.02.2006 at 11:37 Permalink | Reply

    Why “will” Tim? It’s not exactly without precedent for civilisations to fail is it? You seem to have faith that technology will provide, but there is no certainty at all. You might find a recent book by Jared Diamond interesting:

    http://www.amazon.co.uk/exec/obidos/ASIN/0140279512/qid=1138966087/sr=2-1/ref=sr_2_3_1/203-7998284-0128758

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