The Peak Oil Crisis: Accusations | Energy Bulletin
The problem of course as we now have witnessed through two US administrations, and numerous foreign ones, is how does a government start to explain the phenomenon, peak oil, and more importantly the extreme sacrifices required to mitigate its occurrence to its citizens. Suppose the President gave a prime-time speech describing the evidence for the proximity of peak oil and laying out proposals to the Congress as to what needs to be done. It does not take a rocket scientist to deduce that there would be a huge political flare-up and likely a collapse of the equity markets. The President's political opposition, which has yet to figure out just why polar ice caps are melting, would go completely berserk at the hint of restrictions either through taxes or other means on energy consumption.
What will happen in several years' time? Will politicians look back on 2009 as the year they should've seen peak oil coming? This Falls Church News-Press article addresses the dilemma faced by revealing the oncoming crisis now, made more acute by the fact that we're in the midst of a great recession. Arguably though the crash to come will be even greater if we don't start to face reality now.




