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Video: Peak oil
Wednesday, January 20, 2010
Jeff Rubin, the former Chief Economist of CIBC World Markets and the author of Why Your World Is About To Get A Whole Lot Smaller built his reputation as one of Canada's top economists based on a number of successful predictions including the housing bust of the early 90s and the rise of oil prices. In his recent book, Mr. Rubin predicts $225 per barrel oil by 2012 and with it the end of globalization, a movement towards local sourcing and a need for massive scaling up of energy efficiency.
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by Anonymous
21 Jan 10
, 3 replies :
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Anonymous
3350 posts
Your World Is About To Get A Whole Lot Smaller
Posted 21 Jan 10 7:12 PM
Interesting video, If he's right then I guess NZers will all be eating the dairy products that Fonterra will not be able to sell off shore due to the excessive costs in shipping. Finally those polluting dairy farms will be shut down.
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Anonymous
3350 posts
Re: Your World Is About To Get A Whole Lot Smaller
Posted 24 Feb 10 7:16 PM
Maybe Fonterra will start converting less land to dairying resulting in less dairy farms and less of the resulting pollution of our water ways... maybe we will one day be able to swim in our rivers again? Imagine, a clean green country where people can swim in the rivers... what a nice dream...
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Anonymous
3350 posts
Re: Your World Is About To Get A Whole Lot Smaller
Posted 25 Feb 10 10:39 AM
Less dairy farms, less exports, less tax intake, less health care, less education, less social services, less
public transport (to get to the rivers)
Nice dream???
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Anonymous
3350 posts
Re: Your World Is About To Get A Whole Lot Smaller
Posted 25 Feb 10 11:29 PM
What if New Zealand didn't export milk? Is there nothing else we could produce to make export income? I didn't realise that the only thing that would grow profitably in NZ was cows to produce milk. What did we do before the dairy boom?
I guess it would be silly to investigate more environmentally friendly ways to make an export income. Okay, our clean green image might be important for tourism, organic food exports etc but we must keep on producing loads of milk... more dairy farms I say! Keep the rivers polluted (along with Canterburys ground water!)
There is no other way to survive I tell you, without the cows we would have nothing!
As the poster above mentions we should take the short term dairying profit to get short term tax revenue then we can pay for our resulting health issues (from a polluted environment) with our tax take.
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