oildepletionz's blog

I read the governments Draft Energy Strategy  and discovered that apart from a bland statement that oil prices will rise and be volatile, it fails to identify the risks to New Zealand's energy security. There is no discussion in the DES about the threats to New Zealand of oil scarcity arising from global oil depletion and no analysis of the potentially devastating impacts on the New Zealand economy from scarcity and/or higher oil prices. Nor does it discuss how soon these threats might arise. For example could they occur within one year, five years, 10 years, or longer? » Read more