Saturday 12 March 2011

Peak Oil Politics - Why Important Decisions Are Not Made

The following video excerpt from the 2007 Oil shock simulation is a good reminder of why important peak oil related conservation, energy infrastructure, military or energy transition decisions are not made, even though the issues are understood fairly well:

Oil Shockwave documentary segment

In the end, it all boils down to political popularity, policy realism and geo-political military issues.

Keep the oil flowing, at all costs.

Thus, do not expect US to start solving the peak oil issue any time soon - at least not without a crippling crisis first.

Perhaps the second oil price spike will do it. Or the third. Or the fourth...