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How long before the lights go out? Bad news for energy consumers continues to come thick and fast. Bills have more than doubled in the past six years, and could rise a further 25 per cent in the next decade according to a wide-ranging report published yesterday by OfgemRead more (http://www.telegraph.co.uk/finance/newsbysector/energy/7153724/How-long-before-the-lights-go-out.html) Branson warns that oil crunch is coming within five years Sir Richard Branson and fellow leading businessmen will warn ministers this week that the world is running out of oil and faces an oil crunch within five years.The founder of the Virgin group, whose rail, airline and travel companies are sensitive to energy prices, will say that the coming crisis could be even more serious than the credit crunch.Read more (http://www.powerswitch.org.uk/portal/mambots/editors/tinymce/Branson warns that oil crunch is coming within five years) Dark world of declining oil supplies expected A recently conducted survey of members of the global ‘Peak Oil Community’ has revealed wide-ranging negative expectations for the world in the twenty first century but also optimism on an individual basis. ‘The Global Peak Oil Survey 2009’, carried out by the UK focused peak oil group Powerswitch, consisted of 150 questions on the most controversial areas of discussion around peak oil. The Global Peak Oil Survey 2009 - Results From May to September 2009, PowerSwitch conducted the 'Global Peak Oil Survey 2009'. The initial results are now available to view.Click here to read the Global Peak Oil Survey 2009 results here (http://www.powerswitch.org.uk/portal/images/stories/global_peak_oil_survey/global_peak_oil_survey_2009_results.pdf) Review: 'Local Food' by Pinkerton & Hopinks There are some people that aren’t that fussed about food. To them it is merely functional, a fuel that keeps them going that appears in a package or on their plate, and very little time or thought is given to it. I cannot begin to understand that mindset. Food is so much more than merely an energy source – it is often a highly sensuous experience, full of variety and the focal point for wonderful social bonding in many forms. Yes, I love food, always thinking about my next meal and who I will enjoy it with. Official: Global oil peak soon! The world is heading for a catastrophic energy crunch that could cripple a global economic recovery because most of the major oil fields in the world have passed their peak production, a leading energy economist has warned.Higher oil prices brought on by a rapid increase in demand and a stagnation, or even decline, in supply could blow any recovery off course, said Dr Fatih Birol, the chief economist at the respected International Energy Agency (IEA) in Paris, which is charged with the task of assessing future energy supplies by OECD countries. |
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