Posted on May 14, 2009 in Peak oil
- Awareness: Our federal officials to this day do not seem to comprehend that the world is at the end of the era of oil.
- Scope: Solid evidence demands that we stop our denial about the seriousness of the energy problems ahead: global peak oil represents an unprecedented risk management problem.
- Disruption Potential: Peak oil is likely to have significant impact on our most important existing systems, including transportation, building operations, and industrial agriculture.
- Regional Vulnerability: The United States is highly vulnerable because of our import-dependence and our spread-out infrastructure, with some regions more at risk than others, including cities with urban sprawl.
- Trend: However bad our economic problems are today, it is likely we will experience greater problems in the near future as oil supplies decline.
- Sector-specific Impacts: We are likely to experience peak oil first as a liquid fuels crisis and to feel its impact primarily in the transportation sector, where there is no ready liquid fuel substitute for oil.
- Limited Mitigation Options: There are no “silver bullets” that can substitute for oil (“Maybe there are a few rusty bb’s” Congressman Bartlett joked).
- Scarce-resource Allocation: We should begin to devote the remaining oil to ramping up a transfer to renewable energy infrastructures.
- Triage: Meanwhile prudence requires us to begin planning for shortages by developing protocols for rationing oil, by means other than price, to key sectors and priorities.