Today's News Linkage and Wrap-up

Here's a wonderful analysis and summary from Big Gav of Peak Energy on the geopolitics of China, Japan, Australia, and the US when it comes to current and recent events.

The logic of the war in Iraq has made little sense to anyone (if they're willing to consider the case logically). This article does a nice job of laying out the case for "why we really went to Iraq." After the case is viewed through the lens of peak oil (as should just about every single news item, in this website's opinion), the whole shebang makes more sense. (Hat tip: FTD)

Here's an ODAC press release through the Sunday Herald claiming a "global shortage of oil after 2007." The logic is right, but I wonder if it shouldn't say 2006 with all of the uncertainty that we've discussed here re: Ghawar, etc. (link to ODAC, hat tip: FTD)

The G7 is now at least admitting that it's paying attention to peak oil.

Venezuela getting tough on American oil companies and chasing them down so they can pay the Venezuelan taxman. (hat tip: Matt Savinar)

Finally, here's a piece I ran into last night that lays out the ecology v. economy argument very nicely, and where peak oil, etc., fits in to it.

Money quotes:

"Too often in recent decades, the two big "e" words - ecology and economy - have been used as though they represented opposing concerns. Yes, we should be glad to do more about the environment, if only this didn't interfere with economic development and with the liberty of people and nations to create wealth in whatever ways they can.

Or, we should be glad to address environmental issues if we could be sure that we had first resolved the challenge of economic injustice within and between societies. So from both left and right there has often been a persistent sense that it isn't proper or possible to tackle both together, let alone to give a different sort of priority to ecological matters.

But this separation or opposition has come to look like a massive mistake. It has been said that "the economy is a wholly owned subsidiary of the environment". The earth itself is what ultimately controls economic activity because it is the source of the materials upon which economic activity works."

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Thanks for the link guys - glad you enjoyed that post - and keep up the good work.