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Wednesday, November 14, 2012

The Daily Bell - Is the Age of the PetroDollar Over?

The Daily Bell - Is the Age of the PetroDollar Over?

It should never cease to amaze us how certain interests will always conjure up numbers to forge a rabbit-out-of the-hat solution to problems that have been festering for years. Cut to the chase guys. Its all about the longevity of our species - and here the numbers are pretty easy to define.

All other things being equal cut the population down from 7 billion to 1 billion and you invariably extend our existence seven fold. In all likelihood, that's  just another 700 to 1,000 years. Deeper cuts would be needed if we strive to achieve a more extended inhabitance of the planet.

Future generations do not have a democratic voice in this decision, so it is up to us to decide our species' date with the cliffs of time. Thus far, the preference is clearly seeking a sooner rather than later end to the human experiment. A short apology to future kinfolks appears to suffice.

Add to this the possibility of a nuclear winter at the whims of geo-political posturing - well, even the above numbers become overly optimistic. So keep on fracking, drilling and mining, but no matter however you extract it, the conclusions are dim for the hopes and possibilities of future generations. Again, sorry about that!

Dr. Peter G Kinesa

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