If you're new here, you may want to subscribe to our RSS feed or jump onto our free newsletter. You can now also find us on twitter and Facebook too. Come and join the discussion.
Last year’s spectacularly high prices for oil made believers — at least temporarily — out of many previous peak-oil atheists. Even today, the persistence of $78-or-so-per-barrel oil even in a still struggling economy continues to keep the words “peak oil” on many lips.
Whether we’ve already hit that peak (as oil industry expert Matthew Simmons believes), arrive there before 2020 (which we have a “significant risk” of doing, according to the UK Energy Research Centre) or still have decades to go, there are no shortage of other peaks that could be looming in the not-too-distant future.
Which do you think will strike us first? Will it be peak oil or …
Peak water: As with peak oil, the concern here isn’t that we completely run out of water, but can no longer access the good stuff easily (and economically). While it might seem an odd worry for a planet with a surface that’s 70 per cent water, remember that most of that’s not drinkable. Much of the stuff that is, we’re draining from underground aquifers in many places faster than nature can replenish it.
Peak credit: Last year’s global financial meltdown saw more than a few market-watchers speculate that we have now hit the limits of credit and debt.
Peak food: With the global population set to climb to 9 billion by mid-century and climate change expected to make agriculture even more difficult, some experts are sounding the alarm on the ability of food production to keep up with demand. Last month, Megan Clark, head of Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO), warned that, over the next 50 years, we’ll have to grow as much food as we have throughout the entire history of civilisation.
Peak Credit/Peak Debt = the end of capitalism
Peak Oil = an inability to pay down the massive debt overhang through the production of real goods
Peak Oil => Peak Water and Peak Food
Exponential growth on a limited resource base if pure folly.
Times are going to get really interesting… *very* soon.
More than half of the world’s nearly seven billion people now live in urban areas, and that proportion is expected to reach almost 69 per cent by 2050. To avoid pushing local and global systems to the point of collapse, cities will need to become much smarter and more efficient Read more ...
Developing the UK’s smart-grid infrastructure will require communications and data technologies that can manage far more information than utilities must handle today. That’s the focus of a strategy report from Greenbang Research: “Enabling the UK’s smart-grid future: The wireless spectrum debate.” The report answers such questions as: Should dedicated Read more ...
The introduction of the feed-in tariff (FIT) incentive policy on 1 April has sparked an explosive reaction in the UK renewable energy market with solar leading the way in installations, according to a new Greenbang research report titled, “The UK’s Feed-in Tariff: Impact, response and market trends for the decade Read more ...
Peak Credit/Peak Debt = the end of capitalism
Peak Oil = an inability to pay down the massive debt overhang through the production of real goods
Peak Oil => Peak Water and Peak Food
Exponential growth on a limited resource base if pure folly.
Times are going to get really interesting… *very* soon.