Showing posts with label Energy Economics. Show all posts
Showing posts with label Energy Economics. Show all posts
Friday, September 3, 2010
Friday, February 26, 2010
BOY Are They Going To Be Mad When They Find Out They Can't Have All The "Stuff"! Narrowing The Gap Between The Rich and Poor In China
WORLD NEWS: "China's Efforts Narrow Gap Between the Rich and Poor," by Andrew Batson, Wall Street Journal, 3 February 2010.Good chart on income inequality in select countries (Gini index):
(In his commentary about it, Barnett is just plain wrong assuming this is good for the other nations and especially the planet due to rising affluence.)
Just wait till the same per-capita percentage of the Chinese population can afford to buy cars and drive them like Americans do.
According to numbers published in Harpers Magazine a number of years back, if the per-capita hypotheses held true, at that time, the global supply of oil would have lasted FIVE DAYS. It's probably a shorter period of time now that the major oil companies have all dramatically re-calculated their reserves downward and they still can't replace current usage with oil-being-pumped-at-the-wellhead.
Further, according to a BBC interview with the Chinese transportation minister a few years ago, that percentage should be reached by 2040 (using simple math).
Just wait till those billions of Chinese citizens find out they've been sold a 'bill of goods' (all the Western trappings of so-called 'civilization') they will never be able to attain.
BOY! Are They going to be mad!.
.
Thursday, June 11, 2009
A Not-So-Nostalgic Farewell To The Days Of Happy Motoring
Showing it's age... 1960's Esso sign, behind a former Esso station in Victoria Rd, Thornbury. (A suburb in Melbourne, Victoria, Au.)
James H. Kunstler:
"Americans will never again buy as many new cars as they were able to do before 2008 on the terms that were normal until then: installment loans. Our credit system is completely broken. It choked to death on securitized debt engineered by computer magic and business school hubris. That complex of frauds and swindles coincided with the background force of peak oil, which meant, among other things, that economic growth based on ever-increasing energy resources was over, and along with it ever-increasing credit. What it boils down to now is that we can't service our debt at any level, personal, corporate, or government - and that translates into comprehensive societal bankruptcy.
The efforts of our federal government to work around this now, to cover up the "non-performing" debt and to generate the new lending necessary to keep the old system going, is a tragic exercise in futility.I'm not saying this to be a "pessimistic" grandstanding doomer pain-in-the-ass, but because I would like to see my country make more intelligent choices that would permit us to continue being civilized, to move into the next phase of our history without a horrible self-destructive convulsion.
Another consequence of the debt problem is that we won't be able to maintain the network of gold-plated highways and lesser roads that was as necessary as the cars themselves to make the motoring system work.The trouble is you have to keep gold-plating it, year after year. Traffic engineers refer to this as "level-of-service". They've learned that if the level-of-service is less than immaculate, the highways quickly enter a spiral of disintegration. In fact, the American Society of Civil Engineers reported several years ago that the condition of many highway bridges and tunnels was at the "D-minus" level, so we had already fallen far behind on a highway system that had simply grown too large to fix even when we thought we were wealthy enough to keep up. Right now, we're pretending that the "stimulus" program will carry us over long enough to resume the old method of state-and-federal spending based largely on bonding (that is, debt).
The political dimension of the collapse of motoring is the least discussed part of problem: as fewer and fewer citizens find themselves able to buy and run cars, they will feel increasingly aggrieved at the system set up to make motoring virtually mandatory for all the chores of everyday life, and their resentments will rise against the elite that can still manage to enjoy it.
Because our car-dependency is so extreme, the reaction of the dis-entitled classes is liable to be extreme and probably delusional to an extreme, too."
In Full, Lagging Recognition, James Howard Kunstler, Clusterfuck Nation, (June 08 2009)
Comment on current events by the author of The Long Emergency (2005)
Friday, May 29, 2009
The Real War "Game", Pipelineistan poker - It all comes down to the top two global players - Pepe Escobar, Asia Times
Tomgram: Pepe Escobar, Pipelineistan Goes Af-Pak
Back in March, Pepe Escobar, that itchy, edgy global reporter for one of my favorite on-line publications, Asia Times, began laying out the great, ongoing energy struggle across Eurasia, or what he likes to call Pipelinestan for its web of oil and natural gas pipelines. In his first report, he dealt with the embattled energy corridor (and a key pipeline) that runs from the Caspian Sea to Europe through Georgia and Turkey -- and the Great Game of business, diplomacy, and proxy war between Russia and the U.S. that has gone with it. Now, in the second of what will be periodic "postcards" from the energy heartlands of the planet, he plunges eastward into tumultuous Central and South Asia and the great devolving battleground that, in Washington, now goes by the neologism of Af-Pak (for the Afghanistan-Pakistan theater of operations). There, the skies are filled with planes and unmanned aerial drones, and civilians as well as combatants die every day in increasing numbers as ever more frequent attacks and expanding conflicts make daily headlines, while, in Afghanistan, Washington continues to build new military bases and ready itself to send in reinforcements.
Those are, of course, the front-page stories. Energy, especially in the form of oil and natural gas, fuels everything from civilization to its various discontents and means of destruction, and yet it remains largely on the business pages of our papers. Even in a time of relatively depressed oil and gas prices, energy runs like an undercurrent just beneath global headlines. Under the carnage of war, that is, courses what Escobar likes to call the Liquid War, and just how the energy flows and through which territories controlled by whom does turn out to make -- quite literally -- a world of difference, even if that isn't what captures our attention most of the time.
Today, let Escobar, whose latest book is Obama Does Globalistan, take you deep into the "New Great Game" that will determine the shape of our future planet. Tom
Blue Gold, Turkmen Bashes, and Asian Grids
Pipelineistan in Conflict
By Pepe Escobar
As Barack Obama heads into his second hundred days in office, let's head for the big picture ourselves, the ultimate global plot line, the tumultuous rush towards a new, polycentric world order. In its first hundred days, the Obama presidency introduced us to a brand new acronym, OCO for Overseas Contingency Operations, formerly known as GWOT (as in Global War on Terror). Use either name, or anything else you want, and what you're really talking about is what's happening on the immense energy battlefield that extends from Iran to the Pacific Ocean. It's there that the Liquid War for the control of Eurasia takes place.
Yep, it all comes down to black gold and "blue gold" (natural gas), hydrocarbon wealth beyond compare, and so it's time to trek back to that ever-flowing wonderland -- Pipelineistan. It's time to dust off the acronyms, especially the SCO or Shanghai Cooperative Organization, the Asian response to NATO, and learn a few new ones like IPI and TAPI. Above all, it's time to check out the most recent moves on the giant chessboard of Eurasia, where Washington wants to be a crucial, if not dominant, player.
We've already seen Pipelineistan wars in Kosovo and Georgia, and we've followed Washington's favorite pipeline, the BTC, which was supposed to tilt the flow of energy westward, sending oil coursing past both Iran and Russia. Things didn't quite turn out that way, but we've got to move on, the New Great Game never stops.
Now, it's time to grasp just what the Asian Energy Security Grid is all about, visit a surreal natural gas republic, and understand why that Grid is so deeply implicated in the Af-Pak war....
In Full @ TomDispatch
Travus T.Hipp @ Cabale News Service also has a few commentaries committed to audio at Archive.org on the topic:
[November 03 2009] Travus T. Hipp Morning News & Commentary: Facing Up To Reality In Central Asia - The West Is Losing The AfPakistan War... And Losing Badly [Here]
[August 04 2005] Travus T. Hipp Morning News & Commentary: A Laymans Guide to the 'Stans: Chapter 1 - 'Themistan' [Here]
[August 01 2005] Travus T. Hipp Morning News & Commentary: The 'Stans: Quietly, we are a very big part of it as Uzbekistan drops out of 'The Great American Alliance' [Here]
[March 24 2005] Travus T. Hipp Morning News & Commentary: The 'Stans & The U.S. Military Presence In Central Asia [Here]
Tags:
Af-Pak,
Afghanistan,
Caspian,
China,
Energy Economics,
Energy Security,
GWOT,
NATO,
Natural Gas,
Oil,
Pepe Escobar,
Pipelineistan,
Russia,
SCO,
Turkey,
Turkmenistan,
US Foreign Policy
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