A "peak freak"
This entry was posted on 7/27/2008 11:23 PM and is filed under Tax Shifting,Global Peak Oil,Economy,Costs of INACTION.
....and coming to terms with our need for a sustainable energy policy.
Here's an informative article from Energy & Capital - On Accepting Peak Oil--And Finding Profit . Regardless of your thoughts on their investment advice, the article lays out some truths regarding our energy past, current mindsets and needed action. Excerpts:
"Whoever is elected to the presidency, the next four years virtually guarantee that he or she will soon see Stage Four: Depression. There are going to be some extremely painful and difficult choices to be made."
"How long have we been living on the banks of denial? And it slightly depressed me today to discover that I wrote an article by that very title back in September 2005, which I could have written today:
'Energy will continue to get more and more expensive. In a short while, you won't be able to afford to fill the tank on an SUV. You will learn to like wearing sweaters, and living without A/C. If you live in a big city or a suburb, you will probably have to move. If you're in one of the red-hot real estate markets in the US, the value of your property will take a couple of sickening drops. Your money and investments will devalue. You will find it increasingly difficult to buy—or even get—food. Water will get scarcer, more expensive, and harder to clean.'"
THIS is the future we want to avoid with a sensible energy policy that has us pay the external costs of our energy use at the time we use it. A phased-in, federal tax shift is the best way to get this done.
