Energy war jeopardises progress
http://www.guardian.co.uk/renewable/Story/0,2763,1243641,00.html
Andrew Simms
Monday June 21, 2004
The Guardian
For years the superpower politics of the cold war blocked efforts to
end global poverty. Today it is the hot war of energy economics and
global warming that present an impossible obstacle. They also threaten
something far worse - a great reversal of human progress.
We know that climate change already effects the poorest people in the
poorest countries. We also know that from Nigeria to Latin America,
extractive industries leave a wake of corruption and conflict. Now
there is another problem. A consensus is growing that we are living on
the cusp of the so-called Hubbert peak of oil production, suggesting
the recent oil price spike will be the first tremor of an impending
earthquake with oil production's long, slow decline coinciding with
endlessly rising demand. The result? Global economic chaos.
Andrew Simms
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Hubbert
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