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Pacific Ecologist 14 Winter 2007
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EDITORIAL
Bringing the global economy down to earth
PEaK OIL, GLoBAL WaRMiNG, PEAk OiL, GLoBal WARmiNG; POLLUTioN, DEplEtIoN,
PoLLutiON, DEPleTion… The words clatter like wheels on the runaway express train of
industrial consumer society, accelerating into a chaotic abyss of our own making. Peak oil,
unlike global warming, is barely under discussion, let alone being addressed by governments or
societies. Yet as Lester Brown says, it’s “one of the great fault-lines in the history
of civilisation,” p.22. Lack of engagement by leaders on this key matter is bizarre, as the
global economy’s free market and free trade societies, with their insistence on ever-growing
economies, require increasing use of finite fossil fuels. But the clear fact is, the faster the
consumer express goes, the faster finite energy resources firing the global economy are
depleted.
A news release late June from the Worldwatch Institute highlights the unreality of the situation.
Globally, car production grew by 4% last year, putting more cars on roads than ever before, a
record 67 million vehicles in 2006. “The U.S. fleet is the heaviest in 3 decades, even as gas
prices soar,” p.29. Currently, alternative technologies, another report states, supply about
1% of U.S. petroleum consumption, so an imminent oil peak and sharp decline could cause a worldwide
recession. A Swedish scientist estimates peak oil could occur at worst next year, 2008, or at best
in 2018. Another expert, Royal Dutch Shell chief executive, Jeroen van der Veer, estimates
“easy” oil has already passed its peak, p.19.
An alternative method of fuel production, being heavily promoted in the U.S., the EU and Brazil
as a solution to global warming, is biodiesel from grain crops. A result of the recent huge
diversion of U.S. corn to produce fuel for cars instead of food for people, has been rising food
prices in Mexico, China, India and the U.S., p.26. As Lester Brown notes: “The stage is now
set for direct competition for grain between the 800 million people who own automobiles, and the
world’s 2 billion poorest people.” Will people go hungry because crops are feeding cars
instead of people?
Robert Hirsch, in a 2005 report for the U.S. Department of Energy, said peak oil is a problem
like none other, p.18. “Prudent risk management demands urgent attention and early
action.” But where are the plans globally or nationally among governments to meet this great
challenge? Will peak oil catch all countries unaware? Cuba is one country which has already met its
peak oil admirably, after the collapse of the Soviet bloc which previously provided it with cheap
oil. It faced starvation in the early 1990s with a trade embargo lead by its foe, the U.S., but
Cuba under Castro’s leadership moved quickly organising neighbourhoods around their
communities, pp.53–58.
Modern industrial societies are now terrifyingly at risk with their huge dependence on
fast-vanishing energy resources. Of great concern is the vulnerability of our agricultural-food
systems, which have become increasingly dependent on fossil fuel resources, pp.4–28, with potential
for causing mass starvation in many, if not all countries. It’s time to pull the emergency
signal and stop the express train to destruction. Achieving food security in the peak oil era is an
urgent political priority, as Caroline Lucas says, p.22. Trade and food policies must change to
just, environmentally-sound food security projects for all nations, focussing on self-reliance and
reduced energy use.
Another excellent strategy setting a sustainable path is provided by Ian T Dunlop, former senior
international oil, gas and coal industry executive. Mr Dunlop’s integrated strategy for
addressing peak oil and climate change in Australia can inspire all countries, pp.40–45. Employing
three policies – the equity principles of contraction and convergence, setting up a system of
Tradeable Energy Quotas and the Oil Depletion Protocol – this plan could reduce
Australia’s emissions by 90% by 2050. Binding emission reduction targets and an oil descent
budget will smooth the transition to sustainability as equitably as possible. “Short-term
political or corporate expediency is no longer acceptable,” says Dunlop. Bipartisan
cooperation is essential with action needed in the next 6–12 months. There’s no time to
lose to learn to live sustainably with the biological realities of planet earth and to stop the
consumer express crashing on the line to collapse. —KAY WEIR

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