[Peakoil] News items from Canberra Times Fri, 7 Jul 2006

[Antony Barry]

Peakers

There was nothing worth reporting yesterday or writing about but  
there is some today.

"Petrol may rise over $1.50 as oil soars" p.1
Worry over North Korea is pushing up the price. Big car sales are  
down, small up.

http://news.google.com/news?hl=en&ned=&q=petrol+prices&btnG=Search+News

Comment: As usual the immediate cause is blamed not the long term  
problem. There is no spare capacity left in the world's capacity to  
produce oil. We are on the brink of peak oil and any disruption  
threatens shortages and pushes up the price.
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"Oceans can't soak up greenhouse gas emissions indefinitely:  
geochemist" by Rosslyn Beeby p3
CO2 from fossil fuels is being added to the oceans faster that the  
biological processes that sequester carbon can take it out. This is  
making the ocean more acidic which will further reduce sequestering  
and reduce the oceans biological capacity.

http://canberra.yourguide.com.au/detail.asp? 
class=news&subclass=environment&story_id=493061&category=Environment&m=7 
&y=2006

Comment: This is another reason why we have to drastically cut CO2  
emissions. If we react to peak oil by going the coal to oil route we  
will make things worse unless we can bury the carbon but so far this  
has only been done on a relatively small scale.
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"Bring on rail freight" Letter from Tom Waring p.12
Road are expensive. Trucks cause a high number of road deaths. Rail  
is better.

Comment: There is another reason to prefer rail. It's far more energy  
efficient. We are going to have to drastically cut our energy usage  
as with the oil running out the cost of energy is going up and we  
have to cut CO2 production to fight global warming.

Tony
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