Wednesday 11 April 2007

the end of ...


This is a trailer of the film 'The End of Suburbia', which looks at the possible effects on the US's sprawling suburbs of Peak Oil.

There's a dystopian stream in Peak Oil thought that perhaps doesn't give enough weight to human ingenuity and is also a nod in the direction of Hollywood!

As economists we need to be ahead of the game and look at all predictions, no matter how much they conflict with our own. That modern oil-based civilization is teetering on the edge of extinction is not in doubt any more than is human-induced climate change, but what the precise effects over time will be is indeterminable, but slightly more predictable with the more information we have, and the more time that passes.

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