Monday, August 01, 2005

a solution

Richard Heinberg has written an important article explaining How to Avoid Oil Wars, Terrorism, and Economic Collapse by adopting the Association for the Study of Peak Oil's Oil Depletion Protocol.
The idea of the Protocol is inherently straightforward: oil importing nations would agree to reduce their imports by an agreed-upon yearly percentage (the World Oil Depletion Rate), while exporting countries would agree to reduce their rate of exports by their national Depletion Rate.
Heinberg explains that it would be valuable even if a few countries adopt it. He also answers questions about preparing for peak oil too early, why the market can't take care of the problem, how oil companies will be affected, cheating, adjusting to less oil, and how to begin the process.

Please take a few minutes to read the article, and if you think its a good idea, pass it on to your freinds, family and colleagues. Together we can make a difference.

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