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Ready
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David Collum
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Adam Taggart
We spend a lot of time on this site discussing the risks posed by Peak Oil. It’s important to us that you understand the magnitude of our national/global predicament and take appropriate preparations.
by
Adam Taggart
by
rhare
Like many of you reading this article, I am fairly new to the realization that our future may not turn out the way we originally planned. A little over two years ago, after the financial turmoil set in, I began to wake up from my comfortable, relatively uncomplicated life and take a closer look at what was going on around me.
I was first introduced to the Crash Course by an attendee at the 2009 CPAC Liberty Forum in Washington, DC where I had gone to hear Ron Paul speak. Little did I know how dramatic an impact that one conversation would have on my life. After watching the Crash Course a couple of times, many pieces of the puzzle started to fall together, and I quickly progressed to Stage 4 – Fear. (See The Six Stages of Awareness for more on that topic). A few weeks after I attended Dr. Martenson's Lowesville seminar, I decided it was time to take immediate action. I've also had to deal with the challenges of convincing my partner that these changes were really worthwhile and necessary and that I wasn't a raving lunatic who would soon be wearing a tin foil hat!
I hope reading about the thermal and photovoltaic solar systems we have installed will encourage you to think about actions you can take to prepare for our uncertain future. Since it would be impossible to even begin to give every detail about how the systems work or how to put one together, my goal is to show what can be done, give you things to consider, suggest rough costs, and provide links for further research.
Installing a Solar Energy System
by rhareLike many of you reading this article, I am fairly new to the realization that our future may not turn out the way we originally planned. A little over two years ago, after the financial turmoil set in, I began to wake up from my comfortable, relatively uncomplicated life and take a closer look at what was going on around me.
I was first introduced to the Crash Course by an attendee at the 2009 CPAC Liberty Forum in Washington, DC where I had gone to hear Ron Paul speak. Little did I know how dramatic an impact that one conversation would have on my life. After watching the Crash Course a couple of times, many pieces of the puzzle started to fall together, and I quickly progressed to Stage 4 – Fear. (See The Six Stages of Awareness for more on that topic). A few weeks after I attended Dr. Martenson's Lowesville seminar, I decided it was time to take immediate action. I've also had to deal with the challenges of convincing my partner that these changes were really worthwhile and necessary and that I wasn't a raving lunatic who would soon be wearing a tin foil hat!
I hope reading about the thermal and photovoltaic solar systems we have installed will encourage you to think about actions you can take to prepare for our uncertain future. Since it would be impossible to even begin to give every detail about how the systems work or how to put one together, my goal is to show what can be done, give you things to consider, suggest rough costs, and provide links for further research.
by
Adam Taggart
Earlier this week, Chris was invited to appear on Talk Radio Europe, the largest English-speaking radio station in continental Europe. A podcast of the interview has just been made available, which you can listen to by clicking here or on the image below:
The discussion focused heavily on the looming Peak Oil crisis, with a particular slant on implications for the European countries. The subject matter resonated with the host, Richie Allen, particularly because he’s now beginning to hear related sentiment echoed by a small but growing number of concerned European economists.
Chris on Talk Radio Europe: “Gigantic Mismatch” Between World Oil Consumption and Future Supply
by Adam TaggartEarlier this week, Chris was invited to appear on Talk Radio Europe, the largest English-speaking radio station in continental Europe. A podcast of the interview has just been made available, which you can listen to by clicking here or on the image below:
The discussion focused heavily on the looming Peak Oil crisis, with a particular slant on implications for the European countries. The subject matter resonated with the host, Richie Allen, particularly because he’s now beginning to hear related sentiment echoed by a small but growing number of concerned European economists.
by
Chris Martenson
This post is a contribution to Honda’s “Racing Against Time” thought leadership series. Chris Martenson was selected to provide a unique perspective on how we should approach the discussion of oil as a finite energy source. During the first week of October 2010, five individuals provide their own thoughts on the subject. These independent contributors were not compensated for their participation and as such their views are their own and do not necessarily reflect those of Honda. Details and links to what others are saying about “Racing Against Time” can be found at www.facebook.com/Honda.
Peak Oil will result in ‘peak economy.’ Once it arrives, nothing will work quite the same way again.
Let me explain.
The concept of “Peak Oil” is simple enough: Oil is a finite resource. Someday, no matter how hard we try, we will hit a maximum rate of production. From that time on, we will see less and less oil coming up out of the ground. What Peak Oil refers to, then, is not “running out” of oil, but the fact that we are going to hit peak production sooner or later. All of the data suggests that “sooner” is a better candidate than “later.”
By itself, the concept of having to get by on just a little bit less oil each year seems to be manageable enough. Perhaps we can develop more hybrid/electric cars, wind/solar farms, and other technologies that can help us use energy more efficiently. I will applaud these technologies as they become more widely available, but basic math indicates that they cannot possibly bridge the energy gap being left by retreating oil supplies fast enough. So then what?
My particular concern, and the focus of my writing and speaking, is the role of energy in creating and supporting the economy upon which we all depend. The short version of the story is this: Our economy utterly depends on oil to function. And for the first time ever, oil production is declining. We are now racing against time.
Racing Against Time: Peak Oil = Peak Economy
by Chris MartensonThis post is a contribution to Honda’s “Racing Against Time” thought leadership series. Chris Martenson was selected to provide a unique perspective on how we should approach the discussion of oil as a finite energy source. During the first week of October 2010, five individuals provide their own thoughts on the subject. These independent contributors were not compensated for their participation and as such their views are their own and do not necessarily reflect those of Honda. Details and links to what others are saying about “Racing Against Time” can be found at www.facebook.com/Honda.
Peak Oil will result in ‘peak economy.’ Once it arrives, nothing will work quite the same way again.
Let me explain.
The concept of “Peak Oil” is simple enough: Oil is a finite resource. Someday, no matter how hard we try, we will hit a maximum rate of production. From that time on, we will see less and less oil coming up out of the ground. What Peak Oil refers to, then, is not “running out” of oil, but the fact that we are going to hit peak production sooner or later. All of the data suggests that “sooner” is a better candidate than “later.”
By itself, the concept of having to get by on just a little bit less oil each year seems to be manageable enough. Perhaps we can develop more hybrid/electric cars, wind/solar farms, and other technologies that can help us use energy more efficiently. I will applaud these technologies as they become more widely available, but basic math indicates that they cannot possibly bridge the energy gap being left by retreating oil supplies fast enough. So then what?
My particular concern, and the focus of my writing and speaking, is the role of energy in creating and supporting the economy upon which we all depend. The short version of the story is this: Our economy utterly depends on oil to function. And for the first time ever, oil production is declining. We are now racing against time.
by
Chris Martenson
Energy Concerns Are Mounting
Monday, September 13, 2010
Executive Summary
- Many interlocking factors have caused current economic woes.
- Most of the issues are still almost strictly economically driven; energy’s role is still to come.
- World energy consumption, at current rates of growth, will double in 35 years.
- Alternative fuels cannot displace oil use, but they can be helpful in electricity production and other areas.
- We should be using our highly-concentrated energy sources to capture less-dense alternative energy sources.
- The next energy shock is closer than most people realize.
- The perception of scarcity will create scarcity.
- Now is the time for prudent preparations.
In my last Insider entry, I made a number of claims that sparked a lot of good comments. I will respond to a sampling of them here. If I don’t address your comment, please know that I read and considered every one. I value and encourage continued input through comments, forum posts, and email.
There are multiple interlocking topics embedded in the question, “Why is the economy down right now?” I don’t see any one particular cause. Yes, there was too much debt, but there was also falling net energy from flat petroleum production between 2004 and 2008. Oil also happened to spike in price. Which one ’caused’ the economic meltdown and the deep freeze that followed? All of these factors, and a few others besides.
Energy Concerns Are Mounting
PREVIEW by Chris MartensonEnergy Concerns Are Mounting
Monday, September 13, 2010
Executive Summary
- Many interlocking factors have caused current economic woes.
- Most of the issues are still almost strictly economically driven; energy’s role is still to come.
- World energy consumption, at current rates of growth, will double in 35 years.
- Alternative fuels cannot displace oil use, but they can be helpful in electricity production and other areas.
- We should be using our highly-concentrated energy sources to capture less-dense alternative energy sources.
- The next energy shock is closer than most people realize.
- The perception of scarcity will create scarcity.
- Now is the time for prudent preparations.
In my last Insider entry, I made a number of claims that sparked a lot of good comments. I will respond to a sampling of them here. If I don’t address your comment, please know that I read and considered every one. I value and encourage continued input through comments, forum posts, and email.
There are multiple interlocking topics embedded in the question, “Why is the economy down right now?” I don’t see any one particular cause. Yes, there was too much debt, but there was also falling net energy from flat petroleum production between 2004 and 2008. Oil also happened to spike in price. Which one ’caused’ the economic meltdown and the deep freeze that followed? All of these factors, and a few others besides.
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