Global consumption is approaching 86 million barrels per day, 2% up on 2009. Reserves are dwindling; new finds are becoming rare. This is why the “Deepwater Horizon” exploration rig was drilling in mile deep water, stretching its technology to breaking point.
The ‘easy’ oil has gone. Exploration and development has to turn to difficult and hazardous fields, some in politically unstable areas, others in ecologically sensitive areas. Areas like the deep waters of the Gulf of Mexico, or off the coast of Brazil in mile and a half deep water. Off Newfoundland amid icebergs and storms. In the Niger Delta where civil war threatens. In Iraq. All of this is a symptom of ‘peak oil’.
And what is the response of our politicians and economists? Consume, increase demand, burn more in the relentless pursuit of profit and power.
And the price we pay for this madness? More ecological and human disasters. More wars over resources. More release of Carbon dioxide driving climate change. Higher global temperatures. All bad news for the future, just so we can cling on to our convenient lifestyle for a few years longer, just so today’s politicians can cling to power.
It doesn’t have to be like this.
The Green Party has proposed a series of policies that can deliver a good life-style for all, that will not cost the Earth.
• Invest in demand reduction, insulation and energy efficiency.
• Invest in renewable energy.
• Invest in reuse and recycling.
All of this will create sustainable jobs, will help build a sustainable economy that is not held to ransom by the oil-men.
Help end our addiction nightmare, help build a sustainable society.
Support the Greens!