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oil depletion. oil shock

Election 2011 Two-facedness - Saving money good - saving fuel bad

Submitted by Denis Tegg on 7 November 2011 - 10:28pm | Blog entry

All of the political parties agree New Zealand needs a long-term savings and investment plan . These elections there have been major policy announcements on Kiwisaver, reducing debt and the age of eligibility for National Superannuation. Saving money good. » Read more

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Officials Muzzled on Peak Oil?

Submitted by Denis Tegg on 2 September 2011 - 10:39am | updated 02 Sep 2011 | Blog entry

re-posted from my blog - oilshockhorrorprobe

The government has finally released its Energy Strategy. There are cosmetic changes from the Draft version but it's no surprise that the final Strategy continues to completely ignore the threat of peak oil.  There were many submissions, including my own, which detailed the raft of recent reports from oil and energy experts, think tanks and government institutions which are all pointing to an imminent supply and oil price crunch. And in 2009 government officials themselves gave strong warnings to Ministers. So since 2009, have the officials been muzzled? » Read more

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New Zealand at greater risk from oil shocks -- official advice ignored

Submitted by Denis Tegg on 16 August 2011 - 4:23pm | updated 16 Aug 2011 | Blog entry

Re-posted from my blog - oilshockhorrorprobe

In November 2009 senior officials warned the government -- » Read more

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UK Ignores Peak Oil Warnings - NZ Pretends It's Not An Issue

Submitted by Denis Tegg on 16 June 2011 - 1:48pm | updated 16 Jun 2011 | Blog entry

re-posted from my blog - oilshockhorrorprobe

It has long been suspected that Western governments have been investigating peak oil and its impacts on the economy, but keeping the information hidden from the public. In the case of the UK government we now have definitive proof that this has been happening. The Guardian has reported (15 June) that UK ministers have ignored peak oil warnings. » Read more

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New Zealand's oil security. How dependent are we on oil imports?

Submitted by Denis Tegg on 12 June 2011 - 9:29pm | updated 12 Jun 2011 | Blog entry

re-posted from my blog oilshockhorrorprobe

New Zealand imports 97% of its oil. Oil is the lifeblood of our economy. So a vital question must be -- how vulnerable is New Zealand to oil supply shocks? -- Whether from short term disruption, or due to an on-going and perhaps permanent decline in world oil exports? » Read more

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NZ Budget 2011 Ignores Oil Shock Impacts

Submitted by Denis Tegg on 24 May 2011 - 10:12am | updated 24 May 2011 | Blog entry

re-posted from my blog - oilshockhorrorprobe

The Times [article behind a paywall] has just broken a story that the UK government has been undertaking research on the likely adverse effects on their economy of an oil price spike. The Times reports that » Read more

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IMF Warns of Oil Scarcity and the End of Growth

Submitted by Denis Tegg on 16 April 2011 - 4:01pm | updated 16 Apr 2011 | Blog entry

Re-posted from my blog - oilshockhorrorprobe

What is going on? The International Monetary Fund -- a body that states its mission is to "foster global growth and economic stability" has produced a major report which concludes the world has entered an era of oil scarcity, and openly discusses a peak oil scenario in which global GDP doesn't grow, but declines steeply ! » Read more

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