fueling the future

Modern industrial civilization was built on fossil fuel energy, but climate change, overpopulation and resource scarcity require that we find other ways to power our societies — and fast. The energy problems the world faces are too big, too complex, and coming too fast for us to responsibly hope that new technologies or new discoveries will save the day. Unfortunately, the decline of our most important energy source—petroleum—is already underway, and the resulting supply and price volatility will make investment in alternative infrastructure increasingly more difficult.

There are many things we must do to transition away from oil, coal and natural gas, but the most important are these: Reduce our consumption of fossil fuels. Use what fossil fuels we have more efficiently. Develop renewable energy sources and technologies. Decentralize energy production so that communities can power themselves from local energy sources.


Supply or demand? Peak oil with Richard Heinberg and James Hamilton

length: 28:00   credit: Boom Bust RT

For our interviews today, we look at peak oil theory with Richard Heinberg and James Hamilton. Heinberg argues that we have reached peak oil supply and that will have major economic consequences for our future prospects of economic growth. Hamilton on the other hand sees this as more of a demand issue. Take a look.

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